Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/93913
Authors: 
Budde, Jörg
Year of Publication: 
2006
Series/Report no.: 
SFB/TR 15 Discussion Paper 204
Abstract: 
This note demonstrates how performance measure congruity and noise determine an agency's total surplus within an linear agency framework with multiple tasks. It provides a decomposition of agency costs, leading back to a congruity index previously proposed in the literature. In addition, it generalizes this index to a more general cost function, thereby highlighting the context specificity of the original criterion. Finally, it suggests a redefinition of tasks under which the criterion prevails.
Subjects: 
incentives
multi-tasking
performance measurement
JEL: 
D82
M52
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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