Multitask agency and contract choice: An empirical exploration

被引:64
作者
Slade, ME [1 ]
机构
[1] GREQAM,MARSEILLE,FRANCE
关键词
D O I
10.2307/2527333
中图分类号
F [经济];
学科分类号
02 ;
摘要
The multitask-agency problem is examined empirically using contracts between private, integrated oil companies and their service stations in the city of Vancouver. The empirical tests assess how variations in the characteristics of one task affect the choice of agent-compensation scheme for another. Comparative statics from the model predict that higher-powered incentives will be offered for gasoline sales when the secondary activity is not highly complementary with gasoline retailing, where complementarity is measured by the cross-price demand effect, the covariation in uncertainty, and the degree of effort substitutability.
引用
收藏
页码:465 / 486
页数:22
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