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To provide the scientific community with a single, centralized, authoritative resource for protein sequences and functional… Expand This paper provides an overview of the existing theoretical and empirical work on the provision of incentives. It reviews the… Expand This study investigates firms subject to accounting enforcement actions by the Securities and Exchange Commission (SEC) for… Expand Unstable market conditions caused by innovation and increasing intensity and diversity of competition have resulted in… Expand This paper develops a general framework for analyzing corporate risk management policies. We begin by observing that if external… Expand In the standard economic treatment of the principal-agent problem, compensation systems serve the dual function of allocating… Expand During the past 20 years there has been a dramatic increase in societal interest in preventing disability and death in the United… Expand This book provides a framework for thinking about economic instiutions such as firms. The basic idea is that institutions arise… Expand This paper analyzes compensation schemes which pay according to an individual's ordinal rank in an organization rather than his… Expand This paper focuses on avoidable moral hazard and offers one explanation for limited insurance markets, for closely held firms… Expand