Global ETD Search
Search theses and dissertations gathered from participating repositories worldwide. Every result links back to the library that holds it. No account is needed.
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Showing 1 to 3 of 3 for “"Unobservable effort"”.
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Accounting for performance: Case studies of relative performance evaluation in Egypt and England.
… seen to provide information about the agent's unobservable effort. Fredrickson (1992) suggested that RPE could satisfy economic and psychological needs of employee. In this study, an attempt is made to depart from the universal agency perspective and to adopt a contingent framework. The …
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Optimal labor income taxation with perks
… may mitigate the efficiency costs from unobservable effort, it is also an empirical fact that real word contracts, and the incentives provided wherein, are more frequently based on some sort of non-monetary compensation – fringe benefits, or perks, as they are called. As a result, the …
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Venture Capital Financing with Staged Investment, Agency Conflicts and Asymmetric Beliefs
… Moral hazard arises because the EN must exert effort for the project to succeed. Our model is novel in that it also allows for asymmetric beliefs about project quality due to the EN's optimism even when the VC and EN face symmetric information. We first analyze the VC-EN relationship when the …