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SELF-INTEREST, ALTRUISM, INCENTIVES, AND AGENCY THEORY

Authors

  • Michael C. Jensen

    1. Harvard University
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      This research has been supported by the Division of Research, Harvard Business School. I am also indebted to many for comments and discussions over the years that have helped me understand these issues. Although they bear no responsibility for the views expressed herein, I am grateful to Chris Argyris, George Baker, Donald Chew, Perry Fagan, Donna Feinberg, Gerald Fischbach, Jack Gabarro, Richard Hackman, Steven Hyman, William Meckling, Steve-Anna Stephens, Richard Thaler, Karen Wruck, Abraham Zaleznik, the participants in the Mind, Brain, Behavior initiative at Harvard University, and my former colleagues at the University of Rochester.


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