04-046/1 - Optimal Incentive Contracts when Workers envy their Boss

• Authors
  Robert Dur, Department of Economics, Erasmus Universiteit Rotterdam; Amihai Glazer, Department of Economics, University of California, Irvine, California, USA
• Publication date
  April 26, 2004

• Keywords
  Principal-agent; Envy; Compensation; Contracts; Profit-sharing; Stock options; Public vs. private production
• JEL
  D23; J31; J33; M52