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Persistent link: https://www.econbiz.de/10002381450
centralizing operations, which weakens incentives. Property rights may be weak: talent may leave and develop the project elsewhere … some centralization, eschewing first-best effort incentives. Moreover, whenever the corporation finances, it is socially …
Persistent link: https://www.econbiz.de/10014073134
test Besley and Ghatak's (2001) public-good version of the Grossman-Hart-Moore property rights theory. Consider two parties … party is the investor. While our experimental results provide support for the Grossman-Hart-Moore theory, they cast some …
Persistent link: https://www.econbiz.de/10012891817
default. We build upon an existing literature that describes incentives to lenders and borrowers to pursue or prevent … increase the incentives of lenders to avoid foreclosure but not enough to offset the financial incentives provided to home …
Persistent link: https://www.econbiz.de/10013127679
crowding out due to low-powered incentives. High-powered incentives in the workplace tend to increase output, but it is unknown … also extends to high-powered incentives, in a real work setting with paid workers. There is individual heterogeneity …
Persistent link: https://www.econbiz.de/10011946785
increase in profitability on incentives …
Persistent link: https://www.econbiz.de/10013031788
Labour market reforms that are designed to stimulate labour supply at the lower end of the wage distribution can never be precisely restricted to affect only the target group. Spillovers to and feedback from other segments of the labour market are unavoidable and may counteract the direct...
Persistent link: https://www.econbiz.de/10003728424
Labour market reforms that are designed to stimulate labour supply at the lower end of the wage distribution can never be precisely restricted to affect only the target group. Spillovers to and feedback from other segments of the labour market are unavoidable and may counteract the direct...
Persistent link: https://www.econbiz.de/10003873325
Qualifikation kontrastieren mit einem Markt vollständiger Konkurrenz bei den Hochqualifizierten. Sowohl die flexible …
Persistent link: https://www.econbiz.de/10003874040
Viele Erklärungsmuster der Arbeitslosigkeit sind unbefriedigend, weil das Verhalten der Arbeitsnachfrageseite in Bezug auf ihre Motivation der Arbeitsplatzschaffung und ihrer hierarchisch- organisierten Struktur unzureichend in die Betrachtungsweise einbezogen werden, wodurch die Unternehmung...
Persistent link: https://www.econbiz.de/10009492263