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We consider the cost of providing incentives through tournaments when workers are inequity averse and performance … envy depending on the costs of assessing performance. More envious employees are preferred when these costs are high, less …
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Study empirically the relationship between liability and insurance in the realm of financial injuries; Evaluate how liability insurance transmits and transforms the deterrence signal of securities liability...
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CEE health care and pharma market Importance of the FP7 Public Health call; "Financing Systems' Effect on Healthcare Quality" Scope of InterQuality project. objectives, budget and time-frame Expected impact Consortium Members, Advisory Board ...
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This paper assesses the merits of countercyclical bank balance sheet regulation for the stabilization of financial and economic cycles and examines its interaction with monetary policy. The framework used is a dynamic stochastic general equilibrium model with banks and bank capital, in which...
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