RETRACTED: Study on the Best Incentive Strength (Retracted Article)

被引：0
|
作者：
Wang, Xiaohua [1 ]
Xi, Mingming [2 ]
机构：
[1] Wuhan Univ, Econ & Management Sch, Dept Econ, Wuhan, Peoples R China
[2] Wuhan Univ, Econ & Management Sch, Ctr Econ Dev Res, Wuhan, Peoples R China
来源：
2011 ASIA-PACIFIC POWER AND ENERGY ENGINEERING CONFERENCE (APPEEC) | 2011年
关键词：
incentive strength; risk aversion; risk premium; certainty equivalence; PERFORMANCE PAY;
D O I：
10.1109/APPEEC.2011.5748705
中图分类号：
TE [石油、天然气工业]; TK [能源与动力工程];
学科分类号：
0807 ; 0820 ;
摘要：
The paper explores the best incentive strength in the field of human resources management. We find that the incentive strength is dependent on three factors: the worker's extent of risk -aversion, the variance of the external shock and the sensitivity of effort to incentive. In addition, we also discuss the weight given to the signal that is correlated with the shock and can be referred to review the worker's effort.
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页数：4
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