並列タイトル等Hedonic prices and multitask incentives
タイトル(掲載誌)Discussion Papers In Economics And Business
一般注記* Revised: [05-32, 2005]
* Revised: Hedonic prices and multitask incentives[05-32Rev., 2006]
Human tasks are often multidimensional. Holmstrom and Milgrom (1991) concludedthat “high-powered" incentives cannot work unless all dimensions of these tasks are observablein the firm. However, as this study shows, if the firm can observe the price vectorof its products in the market, distinguish each dimension of the price vector, and connectthe information with signals from workers in the firm, then the use of multidimensional“high-powered" incentives becomes feasible. Product differentiation with committed qualitysatisfies those conditions, which has been practiced by the Japanese, but not by theWestern, manufacturing for a century.
連携機関・データベース国立情報学研究所 : 学術機関リポジトリデータベース(IRDB)(機関リポジトリ)