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What is the incentive intensity principle in incentive contract design? Using performance measures that improve your estimate of actual effort of the employee. Providing high
What is the "incentive intensity principle" in incentive contract design? Using performance measures that improve your estimate of actual effort of the employee. Providing high incentives for good performance if individual effort contribution is important. Balancing different incentives across different tasks. Spending more time and effort monitoring employee when incentive intensity is higher
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