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Games 2018, 9(2), 26; https://doi.org/10.3390/g9020026

Incentive Systems for Risky Investment Decisions Under Unknown Preferences: Ortner et al. Revisited

Faculty of Business Administration and Economics, University of Passau, 94030 Passau, Germany
Received: 15 March 2018 / Revised: 19 April 2018 / Accepted: 7 May 2018 / Published: 14 May 2018
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Abstract

Ortner et al. (Manage. Account. Res. 36(1):43–50, 2017) propose the State-Contingent Relative Benefit Cost Allocation Scheme as an incentive system for risky investment decisions. The note at hand reveals the information distribution implicitly assumed within the framework of this study. Based on this information distribution, both simpler and more powerful ways to induce consistency exist. View Full-Text
Keywords: investment decision; performance measure; relative benefit cost allocation investment decision; performance measure; relative benefit cost allocation
This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited. (CC BY 4.0).

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Schosser, J. Incentive Systems for Risky Investment Decisions Under Unknown Preferences: Ortner et al. Revisited. Games 2018, 9, 26.

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