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The Effects of Preference Characteristics and Overconfidence on Economic Incentives
The Effects of Preference Characteristics and Overconfidence on Economic Incentives
This dissertation is a collection of three independent research papers and three chapters with surveys introducing into the respective literature. The first paper analyses the effects of introducing Inequity Aversion in a Moral Hazard Problem, the second paper is about optimal delegation in groups involved in contests, and the third paper is about the optimal delegation decision of firms who can hire possibly overconfident managers.
Incentives, Inequity Aversion, Contracts, Strategic Delegation, Overconfidence
Englmaier, Florian
2005
Englisch
Universitätsbibliothek der Ludwig-Maximilians-Universität München
Englmaier, Florian (2005): The Effects of Preference Characteristics and Overconfidence on Economic Incentives. Dissertation, LMU München: Volkswirtschaftliche Fakultät
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Abstract

This dissertation is a collection of three independent research papers and three chapters with surveys introducing into the respective literature. The first paper analyses the effects of introducing Inequity Aversion in a Moral Hazard Problem, the second paper is about optimal delegation in groups involved in contests, and the third paper is about the optimal delegation decision of firms who can hire possibly overconfident managers.