This book provides an integrated, technical exposition of key
concepts in agency theory, with particular emphasis on analyses of
the economic consequences of the characteristics of contractible
performance measures, such as accounting reports. It is not a
survey of the literature, but provides a succinct source for
learning the fundamentals of the economics of incentives. While
there is an emphasis on information issues of interest to
accounting researchers, it is also relevant to researchers in
economics, finance, management science, and other disciplines who
are interested in the economics of management incentives.
General
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