Notice of RetractionA New Frame for Manager Incentive: Experimental Economics Perspective

Notice of Retraction

After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.

We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.

The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.

To study manager incentive problem, based on set-dependence, this paper incorporates fairness preference into utility function of manager for the first time, constructs a new analytical frame for manager pay incentive, and finds that higher wage leads to higher incentive for manager even in the absence of monitoring. Moreover, the equal fixed wage set by different subjects results in different incentive effect.