Incentives

Bonus
A payment to a firm’s employees additional to their normal pay, often linked to performance.
Contract Theory
The study of contracts, focusing on the design of contracts to provide appropriate incentives.
Incentives
Explanation of incentives as economic tools used to influence actions of economic agents through rewards or penalties.
Neutral Taxes
An exploration of neutral taxes, including definitions, historical context, major frameworks, comparative analysis, and related terms.
Principal–Agent Problem
The dilemma of motivating an agent to act on behalf of a principal when both parties follow their own self-interests.