Showing 1 - 10 of 145
The aim of this Paper is to evaluate simultaneously market power and the incentives faced by carriers to improve … efficiency, taking into account the regulatory changes that have affected the European airline industry. We construct and …
Persistent link: https://www.econbiz.de/10005667136
We study a labour market in which firms can observe workers’ output but not their effort, and in which a worker’s productivity in a given firm depends on a worker-firm specific component, unobservable for the firm. Firms offer wage contracts that optimally trade off effort and wage costs. As...
Persistent link: https://www.econbiz.de/10005791700
performance incentives, on behavior of care providers filing applications for providing long-term care services to patients. We … degree of control reduces the number of applications and that introducing performance incentives reduces this even further …
Persistent link: https://www.econbiz.de/10011272714
We explore the consequence for taxation and regulation of bonus pay when investors are protected by taxpayers from downside risk. The paper develops a model where workers in financial sector firms make decisions about effort and risk-taking which are influenced by the structure of bonus pay....
Persistent link: https://www.econbiz.de/10009246598
, the model offers an explanation for motivational crowding out: Control systems and pecuniary incentives may erode morale …
Persistent link: https://www.econbiz.de/10005662241
We provide evidence on the match between firms, managers and incentives using a new survey designed for this purpose … implicit incentives they face and on the firms they work for. We model a market for managerial talent where both firms and …
Persistent link: https://www.econbiz.de/10005662350
, and local development objectives of technology license offices. Royalty incentives work both by raising faculty effort and … sorting scientists across universities. The effect of incentives works primarily by increasing the quality (value) rather than …
Persistent link: https://www.econbiz.de/10005662368
leads to weaker incentives for effort, compared with non-integration. Our theory makes minimal assumptions about the …We develop a theory of firm scope in which integrating two firms into one facilitates the allocation of resources, but … division managers. The division managers' job is to create profitable investment projects. Giving the managers incentives to do …
Persistent link: https://www.econbiz.de/10005666612
There has been little empirical work evaluating the sensitivity of fertility to financial incentives at the household … representation of the French tax-benefit system. Our results suggest that financial incentives play a notable role in determining …
Persistent link: https://www.econbiz.de/10005666789
workers’ productivity and firm performance. Besides giving more advancement incentives, bigger wage differentials might also …
Persistent link: https://www.econbiz.de/10005666890