{"id":{"repo_id":"uiuc","oai_identifier":"oai:www.ideals.illinois.edu:2142/84615"},"canonical_url":"https://search.dev.ndltd.org/etd/uiuc/oai:www.ideals.illinois.edu:2142/84615","repository":{"repo_id":"uiuc","name":"University of Illinois - Urbana-Champaign","base_url":"https://www.ideals.illinois.edu/oai-pmh"},"display":{"title":"Long -Term Agency Relationships and Human Capital Investment","abstract":"The second part looks into situations where agents working in a team environment. The contract offers agents with a possibility of promotional prize, a fraction of an agent's own output and a share scheme of the firm's total output. Agents may allocate efforts into working on his own task assignments, helping team members and improving his own skills. We examine the decision making from agents' point of view within both short term and long term settings. Results of the models show that by adjusting the parameters of the contract, principal can affect agent's decision on their efforts allocation. Although the effects of agent's sharing of the outputs work similarly in different setting, the promotion prize may have completely different effects on the agent's decision.","abstract_html":"The second part looks into situations where agents working in a team environment. The contract offers agents with a possibility of promotional prize, a fraction of an agent's own output and a share scheme of the firm's total output. Agents may allocate efforts into working on his own task assignments, helping team members and improving his own skills. We examine the decision making from agents' point of view within both short term and long term settings. Results of the models show that by adjusting the parameters of the contract, principal can affect agent's decision on their efforts allocation. Although the effects of agent's sharing of the outputs work similarly in different setting, the promotion prize may have completely different effects on the agent's decision.","abstract_has_math":false,"creators":["Ma, Sufeng"],"institution":"University of Illinois at Urbana-Champaign","degree_name":"Ph.D.","degree_level":"Dissertation","degree_discipline":"Business Administration","degree_department":null,"school":null,"contributors":["Susan I. Cohen"],"advisors":[],"committee_chairs":[],"committee_members":[],"year":2015,"date_issued":"2015-09-25T22:21:54Z","date_published":"2015-09-25T22:21:54Z","updated_at":"2026-07-22T22:26:23Z","subjects":["Economics, Labor"],"languages":["eng"],"rights":[],"rights_urls":[],"identifier_entries":[{"key":"dc:identifier","label":"Identifier","values":["(MiAaPQ)AAI9990070"],"render_values":[{"text":"(MiAaPQ)AAI9990070","href":null,"code":true}]}]},"links":{"outbound_url":"http://hdl.handle.net/2142/84615","outbound_label":"Handle","outbound_source":"dc:identifier"},"metadata_groups":[{"id":"people","label":"People","entries":[{"key":"dc:contributor","label":"Contributor","values":["Susan I. 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The contract offers agents with a possibility of promotional prize, a fraction of an agent's own output and a share scheme of the firm's total output. Agents may allocate efforts into working on his own task assignments, helping team members and improving his own skills. We examine the decision making from agents' point of view within both short term and long term settings. Results of the models show that by adjusting the parameters of the contract, principal can affect agent's decision on their efforts allocation. Although the effects of agent's sharing of the outputs work similarly in different setting, the promotion prize may have completely different effects on the agent's decision.","Made available in DSpace on 2015-09-25T22:21:54Z (GMT). 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The contract offers agents with a possibility of promotional prize, a fraction of an agent's own output and a share scheme of the firm's total output. Agents may allocate efforts into working on his own task assignments, helping team members and improving his own skills. We examine the decision making from agents' point of view within both short term and long term settings. Results of the models show that by adjusting the parameters of the contract, principal can affect agent's decision on their efforts allocation. Although the effects of agent's sharing of the outputs work similarly in different setting, the promotion prize may have completely different effects on the agent's decision.","Made available in DSpace on 2015-09-25T22:21:54Z (GMT). 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