THE EFFECT OF ASYMMETRICAL INFORMATION AND RISK ATTITUDE ON INCENTIVE SCHEMES: A CONTINGENCY APPROAC
| Main Authors: | HARTONO, JOGIYANTO, LS, BAMBANG RIYANTO |
|---|---|
| Format: | Article info application/pdf Journal |
| Bahasa: | eng |
| Terbitan: |
Faculty of Economics and Business, Universitas Gadjah Mada
, 1997
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| Subjects: | |
| Online Access: |
https://journal.ugm.ac.id/jieb/article/view/39947 https://journal.ugm.ac.id/jieb/article/view/39947/22519 |
Daftar Isi:
- This paper discusses several incentive models. Some models are only appropriate for risk neutral agents, but not for risk averse agents. For certain circumstances, a quadratic model is needed to replace a linear model The choice of which model is the appropriate one is the question addressed by this paper. Risk attitude and several aspects of asymmetric information will be discussed.