Economics has much to do with incentives--not least, incentives to work hard, to produce quality products, to study, to invest, and to save. Although Adam Smith

This book explains Chester Barnard’s management theory clearly, faithfully, and systematically. When Barnard published The Functions of the Executive in 1938,

This book examines incentives at work to see how and how well coordination is achieved by motivating individual decision makers.

Agency Theory is a new branch of economics which focusses on the roles of information and of incentives when individuals cooperate with respect to the utilisati

The book argues that by relying on moral incentives it is possible, in principle, to separate the organizational advantages of the market from its distributiona