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Market-based incentives
Grochulski, Borys; Zhang, Yuzhe - Volkswirtschaftliche Fakultät, … - 2013
We study optimal incentives in a principal-agent problem in which the agent's outside option is determined endogenously in a competitive labor market. In equilibrium, strong performance increases the agent's market value. When this value becomes sufficiently high, the threat of the agent's...
Persistent link: https://www.econbiz.de/10011108859
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Performance Pay and Information: Reducing Child Malnutrition in Urban Slums
Singh, Prakarsh - Volkswirtschaftliche Fakultät, … - 2011
interacts with demand-side information. In an experiment covering 145 child day-care centres, I implement three separate …. Second, I only provide mothers with information without incentivizing the workers. Third, I combine the first two treatments …. This helps us identify if performance pay and public information are complements or substitutes in reducing child …
Persistent link: https://www.econbiz.de/10009220685
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Intermediation, Compensation and Collusion in Insurance Markets
Focht, Uwe; Richter, Andreas; Schiller, Jörg - Volkswirtschaftliche Fakultät, … - 2007
Recent events involving major insurance companies and insurance brokerage firms highlight substantial incentive problems in commercial and reinsurance markets where intermediation takes place. We show that in markets with informed as well as uninformed consumers and heterogeneous risk profiles...
Persistent link: https://www.econbiz.de/10005187265
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A generalized exploratory method for managerial analysis and business communication
Săvoiu, Gheorghe; Viorel, Crăciuneanu - Volkswirtschaftliche Fakultät, … - 2008
organizations, regions and national economies. This paper illustrates cybernetic communication’s theories based on information (with … types of information with relation to communication, knowledge and creation, semantic, statistical and mathematical aspects …
Persistent link: https://www.econbiz.de/10005835530
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Transparency and View Regarding Nuclear Energy Before and After the Fukushima Accident: Evidence on Micro-data
Yamamura, Eiji - Volkswirtschaftliche Fakultät, … - 2013
This paper examines the influence of government transparency on changing views regarding nuclear energy before and after Japan’s natural and nuclear disaster of 2011. Individual level data were used, covering 45 countries and containing 27,423 observations. It was observed in the majority of...
Persistent link: https://www.econbiz.de/10011259284
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Transparency in consumer credit. the usage of the APR
Caratelli, Massimo - Volkswirtschaftliche Fakultät, … - 2010
loan with the highest NPV. The reason should be a considerable lack of information about the usage of APR: participants … considering effects of information availability. …
Persistent link: https://www.econbiz.de/10009652919
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Trafficking in drugs and economic theory
Pandey, S.S.D. - Volkswirtschaftliche Fakultät, … - 1991
operate in disequilibrium,search and information costs become very important.Trafficking in drugs taken as case, to explore …
Persistent link: https://www.econbiz.de/10009422026
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Uncertainty and Currency Crises: Evidence from Survey Data
Prati, Alessandro; Sbracia, Massimo - Volkswirtschaftliche Fakultät, … - 2010
This paper studies empirically how uncertainty affects speculation in the foreign exchange markets. We use the dispersion of survey forecasts of key macroeconomic variables to measure uncertainty about fundamentals. We find that uncertainty has a non-monotone effect on exchange rate pressures:...
Persistent link: https://www.econbiz.de/10008592942
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Buying Decision Coordination and Monopoly Pricing of Network Goods
Sääskilahti, Pekka - Volkswirtschaftliche Fakultät, … - 2006
. Under perfect information, sufficiently high heterogeneity yields a unique equilibrium, and the unit price is increasing in … heterogeneity. Under incomplete information, we have a global game. The unit price is independent of heterogeneity, and it tends to … be higher than the perfect information price, because the monopoly biases its tariff structure to incorporate the …
Persistent link: https://www.econbiz.de/10005789554
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Antecipar a “Revolta na Bounty”. Viagem pela avaliação de alunos e docentes
Mourao, Paulo - Volkswirtschaftliche Fakultät, … - 2004
A teacher needs, as an economic analyst, to use indicators that give her accurate information about the classes. This …
Persistent link: https://www.econbiz.de/10005789945