A Primer on Tractable Incentive Contracts [Working Paper]

Publication information:

Edelman, Gabaix. A Primer on Tractable Incentive Contracts [Working Paper]. 2011.

Abstract

Brief, non-technical summary of the framework for achieving tractable incentive contracts developed in "Tractability in Incentive Contracting" and used in "The Effect of Risk on the CEO Market and Dynamic CEO Compensation."