Concepedia

Efficient Wage Contracts

Efficient Wage Contracts is a theoretical framework in principal-agent theory that specifies wage arrangements designed to align an agent’s incentives with the principal’s objectives under hidden action by compensating the agent at a level that elicits optimal effort while minimizing incentive costs.

133

Publications

15.2K

Citations

180

Authors

120

Institutions

Publications per year

2017–2026

4

Parents

Publications

133

Rank-Order Tournaments as Optimum Labor Contracts

Edward P. Lazear, Sherwin Rosen · Journal of Political Economy · 1981 · 4.6K citations · Full text

, , +17

The First-Order Approach to Principal-Agent Problems

William P. Rogerson · Econometrica · 1985 · 885 citations

, , +17

The Wage Policy of a Firm

George P. Baker, Michael Gibbs, Bengt Holmström · The Quarterly Journal of Economics · 1994 · 648 citations

, , +11

Gift Exchange and Efficiency-Wage Theory: Four Views

George A. Akerlof · American Economic Review · 1984 · 638 citations

, , +11

Self-Enforcing Wage Contracts

Jonathan Thomas, Tim Worrall · The Review of Economic Studies · 1988 · 456 citations

, , +13

1–5 of 133

Authors

180

  1. JA
    Johannes Abeler

    University of Oxford, United Kingdom

    3 publications · 202 citations

    3

    h-index

  2. YZ
    Yves Zénou

    Stockholm University, Sweden

    3 publications · 43 citations

    3

    h-index

  3. SK
    Sebastian Kube

    University of Bonn, Germany

    3 publications · 202 citations

    3

    h-index

  4. AJ
    Andrew J. Oswald

    University of Warwick, United Kingdom

    3 publications · 228 citations

    3

    h-index

  5. MW
    Matthias Wibral

    University of Bonn, Germany

    3 publications · 202 citations

    3

    h-index

1–5 of 180

Institutions

120

  1. IZA - Institute of Labor Economics

    Bonn, Germany

    9 h-index

    14 publications

    5.2K citations

  2. Centre for Economic Policy Research

    London, United Kingdom

    4 h-index

    4 publications

    127 citations

  3. London School of Economics and Political Science

    London, United Kingdom

    4 h-index

    4 publications

    561 citations

  4. Harvard University Press

    Cambridge, United States

    3 h-index

    4 publications

    909 citations

  5. Ifo Institute for Economic Research

    Munich, Germany

    3 h-index

    4 publications

    96 citations

  6. Research Institute of Industrial Economics

    Stockholm, Sweden

    3 h-index

    4 publications

    609 citations

  7. Stockholm University

    Stockholm, Sweden

    3 h-index

    4 publications

    261 citations

  8. University of Bonn

    Bonn, Germany

    3 h-index

    7 publications

    470 citations

1–8 of 120

Venues

  1. Economics Letters

    12 publications · 277 citations

    12

    h-index

  2. SSRN Electronic Journal

    Repository · 8 publications · 202 citations

    8

    h-index

  3. RePEc: Research Papers in Economics

    Repository · 6 publications · 136 citations

    6

    h-index

  4. The Economic Journal

    6 publications · 407 citations

    6

    h-index

  5. Journal of Labor Economics

    JOLE · 5 publications · 233 citations

    5

    h-index

1–5