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- W2060142102 abstract "Abstract The paper discusses the use of the performance-incentive function (PIF) by planning organizations when there is subjective or objective uncertainty. It is proved that a PIF can be constructed that achieves both allocational and distributional optimality, when there is subjective uncertainty about the conditions of production and both the center and the producer are risk-averse. When there is objective uncertainty, however, it is shown that it is not, in general, possible for the center to achieve these two objectives simultaneously. J. Comp. Econ., Sept. 1979, 3(3), pp. 217–232. United States Air Force Academy, Colorado 80840; and University of California, Berkeley, California 94720." @default.
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- W2060142102 date "1979-09-01" @default.
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- W2060142102 title "Performance incentives and planning under uncertainty" @default.
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- W2060142102 doi "https://doi.org/10.1016/0147-5967(79)90023-4" @default.
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