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The Ratchet Effect: Theory and Empirical Evidence
16 references·0 citing·47 second hop
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References

  • 1979Moral Hazard and Observability8,358 cited
  • 1991Multitask Principal–Agent Analyses: Incentive Contracts, Asset Ownership, and Job Design6,042 cited
  • 1993Economics, Organization and Management.4,644 cited
  • 2007Mail and Internet Surveys: The Tailored Design Method3,238 cited
  • 1987Aggregation and Linearity in the Provision of Intertemporal Incentives2,870 cited
  • 1991Optimal Incentive Contracts in the Presence of Career Concerns: Theory and Evidence1,876 cited
  • 1982Regulating a Monopolist with Unknown Costs1,724 cited
  • 2001Assessing empirical research in managerial accounting: a value-based management perspective1,143 cited
  • 1994Performance Measure Congruity and Diversity in Multi-Task Principal/Agent Relations.914 cited
  • 2008A Continuous-Time Version of the Principal–Agent Problem719 cited
  • 1988The Dynamics of Incentive Contracts682 cited
  • 2000Performance standards in incentive contracts552 cited
  • 1980The "Ratchet Principle" and Performance Incentives455 cited
  • 1984Regulation and information in a continuing relationship438 cited
  • 1989The achievability of budget targets in profit centers: a field study349 cited

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  • 1997Performance Comparisons and Dynamic Incentives346 cited
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