Linear contracts and their variants are quite popular in practice, for example, salesforce incentives and chief executive officer compensation. However, agency theory typically stipulates complex c...

中文翻译：

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稳健的合同设计：线性合同和道德风险

线性合同及其变体在实践中非常流行，例如，销售人员激励和首席执行官薪酬。但是，代理理论通常规定了复杂的条件。