Blar i UiS Brage på forfatter "Olsen, Trond Egil"
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Balanced Scorecards: A Relational Contract Approach
Kvaløy, Ola; Olsen, Trond Egil (Peer reviewed; Journal article, 2022)Reward systems based on balanced scorecards often connect pay to an index, i.e. a weighted sum of multiple performance measures. We show that such an index contract may indeed be optimal if performance measures are ... -
Relational Contracts, Multiple Agents, and Correlated Outputs
Kvaløy, Ola; Olsen, Trond Egil (Peer reviewed; Journal article, 2019-11)We analyze relational contracts between a principal and a set of risk-neutral agents whose outputs are correlated. When only the agents’ aggregate output can be observed, a team incentive scheme is shown to be optimal, ...