question archive 1)What economic issue(s) or problem(s) does Gibbons emphasize in his 1998 NBER paper? A
1)What economic issue(s) or problem(s) does Gibbons emphasize in his 1998 NBER paper? A
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1)What economic issue(s) or problem(s) does Gibbons emphasize in his 1998 NBER paper?
A. The ineffective or counterproductive results of applications of the classic agency model of incentives in organizations as noted by such observers as Kerr ("you get what you pay for").
B. The over-emphasis of classic agency incentive models on the trade-offs between insurance and incentives.
C. The need to address subjective aspects of incentive models in light of the difficulty of measuring contribution or output (y).
D. All of the above.
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