Showing 1 - 9 of 9
Persistent link: https://www.econbiz.de/10002314745
We use a set of established growth models, which simultaneously include human capital and R&D, to show that the effect of mortality rate in human capital accumulation is quantitatively more important than the effect of perfectly guaranteed patents on research. First, we show that the effect of...
Persistent link: https://www.econbiz.de/10005407750
This paper deals with the optimality of teacher incentive contracts in the presence of costly or limited government resources. It considers educational production under asymmetric information as a function of teacher effort and class size. In the presence of costly government resources and...
Persistent link: https://www.econbiz.de/10005076924
This paper empirically examines how changes in the hierarchical structure of a large organization can affect incentives …
Persistent link: https://www.econbiz.de/10005077034
Persistent link: https://www.econbiz.de/10005077050
motivations in support of federalism, namely, incentives and knowledge. Second, it succinctly discusses the incentive …
Persistent link: https://www.econbiz.de/10005556973
Do firms use autonomy to motivate workers, or do they give autonomous jobs to workers who are already especially motivated? A standard result in economics is that firms offer autonomous jobs to promote worker motivation. But surprisingly, little attention has been given to the details of this...
Persistent link: https://www.econbiz.de/10005407531
years. Exploiting the institutional details of the 1999 program, I analyze the incentives built into the system and … investigate whether the threatened public schools behaved strategically to respond to incentives. There is strong evidence that … they did respond to incentives. Using highly disaggregated school level data, a difference- in-differences estimation …
Persistent link: https://www.econbiz.de/10005412471
We study Bayesian mechanism design in situations where agents' information may be multi-dimensional, concentrating on mechanisms that lead to efficient allocations. Our main result is that a generalization of the well-known Vickrey-Clarke-Groves mechanism maximizes the planner's "revenue'' among...
Persistent link: https://www.econbiz.de/10005118596