Li, Ho Ming. / Thesis (M.Phil.)--Chinese University of Hong Kong, 2011. / Includes bibliographical references (leaves 16-18). / Abstracts in English and Chinese. / Chapter 1 --- Introduction --- p.1 / Chapter 1.1 --- Related literature --- p.1 / Chapter 1.2 --- Background --- p.3 / Chapter 2 --- The model --- p.4 / Chapter 2.1 --- Set up --- p.4 / Chapter 2.2 --- The rationale for performance pay --- p.6 / Chapter 2.3 --- Performance pay with private tutoring --- p.7 / Chapter 2.4 --- Good teacher is not less susceptible --- p.8 / Chapter 2.5 --- Effect of the decreasing tutoring fee --- p.9 / Chapter 3 --- Conclusion --- p.10 / Chapter 4 --- References --- p.12 / Chapter 5 --- Appendix --- p.18 / Chapter 5.1 --- Tables showing bonus schemes across states --- p.18 / Chapter 5.2 --- Derivation for Proposition 1 --- p.18 / Chapter 5.3 --- Numerical example for Proposition 1 --- p.18 / Chapter 5.4 --- Derivation for Proposition 3 --- p.19 / Chapter 5.5 --- Numerical example for Proposition 3 --- p.19