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A Simple Model of Health Insurance Competition
Kemnitz, Alexander - CESifo - 2010
This paper investigates competition between health insurance companies under different financing regulations. We consider two alternatives advanced in recent German health care reform discussions: competition by contribution rates (health contributions) and by fees (health premia). We find that...
Persistent link: https://www.econbiz.de/10008727295
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The Value of a Statistical Life under Ambiguity Aversion
Treich, Nicolas - CESifo - 2008
We show that ambiguity aversion increases the value of a statistical life as soon as the marginal utility of wealth is higher if alive than dead. The intuition is that ambiguity aversion has a similar effect as an increase in the perceived baseline mortality risk, and thus operates as the...
Persistent link: https://www.econbiz.de/10005406403
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Does the John Bates Clark Medal Boost Subsequent Productivity and Citation Success?
Chan, Ho Fai; Frey, Bruno S.; Gallus, Jana; Torgler, Benno - CESifo - 2013
Despite the social importance of awards, they have been largely disregarded by academic research in economics. This paper investigates whether a specific, yet important, award in economics, the John Bates Clark Medal, raises recipients’ subsequent research activity and status compared to a...
Persistent link: https://www.econbiz.de/10010877716
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Financial Constraints and Moral Hazard: The Case of Franchising
Fan, Ying; Kühn, Kai-Uwe; Lafontaine, Francine - CESifo - 2013
Financial constraints are an important impediment to the growth of small businesses. We study theoretically and empirically how the financial constraints of agents affect their decisions to exert effort, and, hence the organizational decisions and growth of principals, in the context of...
Persistent link: https://www.econbiz.de/10010877784
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Social Relations and Relational Incentives
Dur, Robert; Tichem, Jan - CESifo - 2012
each other. The contract may contain two types of incentives for the agent to work hard: a bonus and a threat of dismissal …
Persistent link: https://www.econbiz.de/10010877789
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How do Incentives Affect Creativity?
Eckartz, Katharina; Kirchkamp, Oliver; Schunk, Daniel - CESifo - 2012
a number-adding task) with the same treatments. In all tasks we find that incentives seem to have very small effects and …
Persistent link: https://www.econbiz.de/10010877854
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Combining "Real Effort" with Induced Effort Costs: The Ball-Catching Task
Gaechter, Simon; Huang, Lingbo; Sefton, Martin - CESifo - 2015
an experiment with piece-rate incentives we find that the comparative static and the point predictions on effort …
Persistent link: https://www.econbiz.de/10011277184
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Punishment - and beyond
Frey, Bruno S. - CESifo - 2009
feasible alternatives to punishment exist, such as offering positive incentives or handing out awards for law abiding behavior …
Persistent link: https://www.econbiz.de/10005013061
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The Role of Salience in Performance Schemes: Evidence from a Field Experiment
Englmaier, Florian; Roider, Andreas; Sunde, Uwe - CESifo - 2012
tasks. We analyze the effects of the salience of incentives in a team production setting where the principal has an interest … incentive system without changing the incentive system. The results indicate that salience of incentives itself is statistically … and economically important for performance. We find that higher salience of incentives for quantity increases quantity …
Persistent link: https://www.econbiz.de/10010539149
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Not All Incentives Wash Out the Warm Glow: The Case of Blood Donation Revisited
Costa-i-Font, Joan; Jofre-Bonet, Mireia; Yen, Steven T. - CESifo - 2011
) famously pointed out, providing monetary incentives to blood donors may crowd out blood supply as purely altruistic donors may … types of incentives are related to the likelihood of donating blood by exploiting a large sample representative of 15 …
Persistent link: https://www.econbiz.de/10009221554