Forced compliance in the principal-agent relationship

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dc.contributor.advisorOxoby, Robert J.
dc.contributor.authorTsares, Nicole
dc.date.accessioned2005-08-16T17:29:52Z
dc.date.available2005-08-16T17:29:52Z
dc.date.issued2004
dc.descriptionBibliography: p. 58-60en
dc.description.abstractCognitive dissonance and the associated reduction of dissonance may change an individual's attitudes and beliefs. In this thesis, I explore the effects of dissonance reduction in a principal-agent relationship. When agents are initially imperfectly informed about their abilities, dissonance may arise when they learn their true abilities: they may experience an inconsistency between their true ability and their choices in the principal-agent relationship. In reducing dissonance, agents may shift their attitudes regarding the benefits of employment, potentially focusing on nonpecuniary benefits over wage benefits. As a result, screening contracts in which the principal hires only high ability workers may not be feasible. I discuss the efficiency implications of dissonance reduction and possible solutions to the screening problem.
dc.format.extentvi, 67 leaves : ill. ; 30 cm.en
dc.identifier.citationTsares, N. (2004). Forced compliance in the principal-agent relationship (Master's thesis, University of Calgary, Calgary, Canada). Retrieved from https://prism.ucalgary.ca. doi:10.11575/PRISM/24252en_US
dc.identifier.doihttp://dx.doi.org/10.11575/PRISM/24252
dc.identifier.isbn0612933288en
dc.identifier.lccAC1 .T484 2004 T73en
dc.identifier.urihttp://hdl.handle.net/1880/42074
dc.language.isoeng
dc.publisher.institutionUniversity of Calgaryen
dc.publisher.placeCalgaryen
dc.rightsUniversity of Calgary graduate students retain copyright ownership and moral rights for their thesis. You may use this material in any way that is permitted by the Copyright Act or through licensing that has been assigned to the document. For uses that are not allowable under copyright legislation or licensing, you are required to seek permission.
dc.titleForced compliance in the principal-agent relationship
dc.typemaster thesis
thesis.degree.disciplineEconomics
thesis.degree.grantorUniversity of Calgary
thesis.degree.nameMaster of Arts (MA)
ucalgary.item.requestcopytrue
ucalgary.thesis.accessionTheses Collection 58.002:Box 1543 520492060
ucalgary.thesis.notesUARCen
ucalgary.thesis.uarcreleaseyen
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