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• Economy
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• Institutional theory
• Second Industrial Revolution
• Competitiveness

INCENTIVES IN HIERARCHIES1 Dilip Mookherjee2 AugustAbstract This chapter provides an overview of incentive-based theories of hierarchies. Models of managers as supervisors are initially discussed, focusing on im

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• Economy
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• Structure
• Organizational theory
• Market failure
• Industrial organization
• Theory of the firm
• Principalagent problem
• Socialist economics
• Span of control
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• Economy
• Economics
• Market
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• Game theory
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• Economy
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• Asymmetric information
• Agency law
• Business law
• Economic theories
• Organizational theory
• Principalagent problem
• Theory of the firm
• Principal
• Law of agency
• Labour economics