Thesis-2000-Baldwin.pdf (4.72 MB)
The economics of information and piecewise linear limited liability profit sharing contracts
thesis
posted on 2017-11-24, 10:54 authored by Kenneth BaldwinThis thesis makes a theoretical contribution to the design of profit-sharing contracts
which maximise the surplus a principal extracts from an agency relationship, whereby a
pay floor limits the liability of an agent in low profit states, and information is either
unilaterally or bilaterally asymmetric. [Continues.]
Funding
Institute of Chartered Accountants in England and Wales.
History
School
- Business and Economics
Department
- Economics
Publisher
© Kenneth BaldwinPublisher statement
This work is made available according to the conditions of the Creative Commons Attribution-NonCommercial-NoDerivatives 2.5 Generic (CC BY-NC-ND 2.5) licence. Full details of this licence are available at: http://creativecommons.org/licenses/by-nc-nd/2.5/Publication date
2000Notes
A Doctoral Thesis. Submitted in partial fulfilment of the requirements for the award of Doctor of Philosophy at Loughborough University.Language
- en