Last edited by Tojatilar
Monday, July 27, 2020 | History

5 edition of The Theory of Incentives found in the catalog.

The Theory of Incentives

The Principal-Agent Model

by Jean-Jacques Laffont

  • 160 Want to read
  • 4 Currently reading

Published by Princeton University Press .
Written in English

    Subjects:
  • Economic theory & philosophy,
  • Economics - General,
  • Economics - Theory,
  • Business & Economics,
  • Business / Economics / Finance,
  • Economics,
  • Incentives in industry,
  • Business/Economics

  • The Physical Object
    FormatHardcover
    Number of Pages360
    ID Numbers
    Open LibraryOL9333196M
    ISBN 100691091838
    ISBN 109780691091839

    In the economic theory of incentives (Jensen & Meckling, ;Holmström, ;Hart & Holmström, ;Milgrom & Roberts, ; Laffont & Martimort, ; Bolton & Dewatripont, ) as well as in. A theory explaining the precise circumstances in which praise and TASK MOTIVATION AND INCENTIVES reproof will lead to the setting of higher and/or lower goals is beyond the scope of this paper. The important point is, however, that the effects of these incentives on performance should be a function of the goals the individual's set in Cited by:

    Maslow's hierarchy of needs is a theory in psychology proposed by Abraham Maslow in his paper “A Theory of Human Motivation” in Psychological Review. Maslow subsequently extended the idea to include his observations of humans' innate curiosity. Motivation is the experience of desire or aversion (you want something, or want to avoid or escape something).As such, motivation has both an objective aspect (a goal or thing you aspire to) and an internal or subjective aspect (it is you that wants the thing or wants it to go away).. At minimum, motivation requires the biological substrate for physical sensations of pleasure and .

    Our position in this book is that motivation is the sine qua non of effective group action. As Hoy & Miskel Hoy, W.K., & Miskel, C.G. (). Educational administration: Theory, research, and practice (2 nd ed.).   In this book, Jean-Jacques Laffont and David Martimort present the most thorough yet accessible introduction to incentives theory to date. Central to this theory is a simple question as pivotal to modern-day management as it is to economics research: What makes people act in a particular way in an economic or business situation?5/5(1).


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The Theory of Incentives by Jean-Jacques Laffont Download PDF EPUB FB2

"Incentive theory is at the very core of economics. This text is a masterly exposition of the modern theory by one of the pioneers of the field, Jean-Jacques Laffont, together with one of its rising stars, David Martimort."Cited by: The Theory of Incentives: The Principal-Agent Model - Kindle edition by Laffont, Jean-Jacques, David Martimort.

Download it once and read it on your Kindle device, PC, phones or tablets. Use features like bookmarks, note taking and highlighting while reading The Theory of Incentives: The Principal-Agent by:   The Theory of Incentives: The Principal-Agent Model.

Economics has much to do with incentives--not least, incentives to work hard, to produce quality products, to study, to invest, and to save/5(1). In seeking an answer, the authors provide the methodological tools to design institutions that can ensure good incentives for economic agents.

This book focuses on the The Theory of Incentives book model, the “simple” situation where a principal, or company, delegates a task to a single agent through a contract — the essence of management and contract theory.

More then just a textbook, A Theory of Incentives in More then just a textbook, A Theory of Incentives in Procurement and Regulation will guide economists' research on regulation for years to come. It makes a difficult and large literature of the new regulatory economics accessible to the average graduate student, while offering insights into the theoretical ideas and stratagems /5(8).

In this book, Jean-Jacques Laffont and David Martimort present the most thorough yet accessible introduction to incentives theory to date. Central to this theory is a simple question as pivotal to modern-day management as it is to economics research: What makes people act in a particular way in an economic or business situation?/10(30).

More then just a textbook, A Theory of Incentives in Procurement and Regulation will guide economists' research on regulation for years to come. It makes a difficult and large literature of the new regulatory economics accessible to the average graduate student, while offering insights into the theoretical ideas and stratagems not available elsewhere.

Introduction. The incentives play the essential role in economics. Their purpose can be determined as the growth of labour productivity, the development of enterprises, regions and national economy. According to one theory of human motivation, actions are often inspired by a desire to gain outside reinforcement.

The incentive theory is one of the major theories of motivation and suggests that behavior is motivated by a desire for reinforcement or incentives. A Theory of Incentives in Procurement and Regulation Book Title:A Theory of Incentives in Procurement and Regulation More then just a textbook, A Theory of Incentives in Procurement and Regulation.

Economics has much to do with incentives--not least, incentives to work hard, to produce quality products, to study, to invest, and to save. Although Adam Smith amply confirmed this more than two hundred years ago in his analysis of sharecropping contracts, only in recent decades has a theory begun to emerge to place the topic at the heart of economic thinking/5(11).

The book will be of great interest to students, researchers, and practitioners of behavioral science. Show less An Introduction to Psychoanalytic Theory of Motivation details the fundamental concepts in applying the psychoanalytic theory in understanding motivation.

In this book, Jean-Jacques Laffont and David Martimort present the most thorough yet accessible introduction to incentives theory to date. Central to this theory is a simple question as pivotal to modern-day management as it is to economics research: What makes people act in a particular way in an economic or business situation?Cited by: and motivation, MC gregor developed an alternative theory of human behavior called Theory Y.

Theory Y is positive, participating and democratic. This theory assumes that, people are not, by nature, lazy and unreliable. It postulates that people can be basically self directed and creative at work, if properly motivated. Incentive Theory and the Effects of Extrinsic Motivation. Incentive theory is based on the idea that behavior is primarily extrinsically motivated.

It argues that people are more motivated to perform activities if they receive a reward afterward, rather than simply because they enjoy the activities themselves. Download Limit Exceeded You have exceeded your daily download allowance. US psychologist Abraham Maslow’s A Theory of Human Motivation is a classic of psychological research that helped change the field for good.

Like many field-changing thinkers, Maslow was not just a talented researcher, he was also a creative thinker – able to see things from a new perspective and show them in a different light.

He studied what he called. A Theory of Human Motivation. I enjoy!; However, this book is not really that good. It is kinda long and super boring. hungry ice cream cone implication individual instance lack less basic defense less important love needs motivated behavior motivation theory need A becomes need emerges need for safety neurosis observed ordinarily 5/5(2).

Book Description - ISBN (36 Pages) This free eBook describes the five most popular contemporary team motivation theories. Each of these offers you a different perspective on what it is that motivates people to be committed and productive team members.

Theories of Motivation in Management. This article will help you to learn about: Motivational Theories in the Workplace.

Application of motivation theories in organizations. Maslow’s Need Hierarchy Theory: The best-known theory of motivation is probably Abraham Maslow’s hierarchy of needs theory. He pro­posed that people are motivated by a. A THEORY OF HUMAN MOTIVATION 4 It is far easier to perceive and to criticize the aspects in motivation theory than to remedy them.

Mostly this is because of the very serious lack of sound data in this area. I conceive this lack of sound facts to be due primarily to the absence of a valid theory of motivation.MOTIVATION & ITS THEORIES Welcome to today’s lesson on motivation. We have appreciated earlier the importance of motivation in determining human behaviour.

In today’s module we will review the concept of motivation and various theories of motivation. Motivation is a process that starts with a physiological or psychological need thatFile Size: KB.Get this from a library! The theory of incentives: the principal-agent model.

[Jean-Jacques Laffont; David Martimort] -- Economics has much to do with incentives - not least, incentives to work hard, to produce quality products, to study, to invest, and to save. Although Adam Smith amply confirmed this more than two.