Many economic, political and social environments can be described as contests in which agents exert costly effort while competing over the distribution of a scarce resource. These …
Agency and stewardship theories are prominent perspectives to examine myriad issues within family firms. Although considered opposing theories, both address the same …
This book integrates and assesses the vast and rapidly growing literature on strategic leadership, which is the study of top executives and their effects on organizations. The basic …
Although the pyramid headed by an all-powerful individual has been a symbol of organizations, such omnipotence is possible only in simple situations where perfected …
Tournament theory is useful for describing behavior when reward structures are based on relative rank rather than absolute levels of output. Accordingly, management scholars have …
C Prendergast - Journal of economic literature, 1999 - aeaweb.org
This paper provides an overview of the existing theoretical and empirical work on the provision of incentives. It reviews the costs and benefits of many types of pay-for …
J Chevalier, G Ellison - Journal of political economy, 1997 - journals.uchicago.edu
This paper examines a potential agency conflict between mutual fund investors and mutual fund companies. Investors would like the fund company to use its judgment to maximize risk …
J Henrich, R Boyd… - … Transactions of the …, 2012 - royalsocietypublishing.org
The anthropological record indicates that approximately 85 per cent of human societies have permitted men to have more than one wife (polygynous marriage), and both empirical …