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Robert Widura

Commission-Based Pay


Three Essays on German Insurance Tied Agents
2010. 136 S. 220 mm
Verlag/Jahr: SÜDWESTDEUTSCHER VERLAG FÜR HOCHSCHULSCHRIFTEN 2010
ISBN: 3-8381-1526-0 (3838115260)
Neue ISBN: 978-3-8381-1526-9 (9783838115269)

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This book discusses three main building blocks of Tied Agent compensation. The first of these is the relationship between incentives, allocation of effort, and task performance. Second, the influence of person variables, i.e., different forms of labor-market experience, on the agent´s performance is analyzed. Finally, the effect of compensation on agent satisfaction is discussed, using a model of expectancies and reference-point dependent utility.
Robert Widura studied mathematics at the University of Karlsruhe (Germany), the University of Massachusetts Amherst (USA) and the Indian Institute of Technology Kanpur (India). He accomplished his PhD in the field of Personnel Economics at the University of Cologne (Germany).