@article{Krause_2014, place={São Paulo,}, title={Austrian Labor Theory and Preferences Over Compensation}, volume={2}, url={https://misesjournal.org.br/misesjournal/article/view/649}, DOI={10.30800/mises.2014.v2.649}, abstractNote={<p>Personnel Economics has allowed us to better understand compensation schemes in face of the problems coming out of the principal-agent relationship, with individuals pursuing their own private interests making necessary a mechanism to promote the alignment of interests within the organization. The theory had to<br>simplify its assumptions. Austrian Economics Theory, emphasizing subjective value and entrepreneurial creativity gives a convenient background to consider individuals’ preferences over incentives.</p>}, number={2}, journal={MISES: Interdisciplinary Journal of Philosophy, Law and Economics}, author={Krause, Martin}, year={2014}, month={Dec.}, pages={425–437} }