NOTES ON INCENTIVE CONTRACTING,

Abstract

A discussion is presented of two related aspects of incentive contracting: (1) interpretive problems that arise in implementing incentive contracts and (2) the relationship between sharing rates and different aspects of contract cost. The interpretive problems center around the effect of risk on contractors in weapon procurements and the presently undeterminable effect of different sharing rates on the initial targets that firms submit on incentive contracts. The authors present empirical analyses of data for 252 AF incentive contracts: 126 completed between 1959 and 1962, and 126 of the 1962-1963 period. (Author)

Document Details

Document Type
Technical Report
Publication Date
Sep 01, 1966
Accession Number
AD0641336

Entities

People

  • J. J. Mccall
  • K. L. Deavers

Organizations

  • RAND Corporation

Tags

DTIC Thesaurus Topics

  • Contractors
  • Contracts
  • Incentive Contracts
  • Motivation
  • Procurement

Readers

  • Economics
  • Technical Research and Report Writing.
  • Theoretical Analysis.