Showing 1 - 10 of 1,459
We study optimal incentives in a principal-agent problem in which the agent's outside option is determined endogenously in a competitive labor market. In equilibrium, strong performance increases the agent's market value. When this value becomes sufficiently high, the threat of the agent's...
Persistent link: https://www.econbiz.de/10011108859
interacts with demand-side information. In an experiment covering 145 child day-care centres, I implement three separate …. Second, I only provide mothers with information without incentivizing the workers. Third, I combine the first two treatments …. This helps us identify if performance pay and public information are complements or substitutes in reducing child …
Persistent link: https://www.econbiz.de/10009220685
Recent events involving major insurance companies and insurance brokerage firms highlight substantial incentive problems in commercial and reinsurance markets where intermediation takes place. We show that in markets with informed as well as uninformed consumers and heterogeneous risk profiles...
Persistent link: https://www.econbiz.de/10005187265
organizations, regions and national economies. This paper illustrates cybernetic communication’s theories based on information (with … types of information with relation to communication, knowledge and creation, semantic, statistical and mathematical aspects …
Persistent link: https://www.econbiz.de/10005835530
This paper examines the influence of government transparency on changing views regarding nuclear energy before and after Japan’s natural and nuclear disaster of 2011. Individual level data were used, covering 45 countries and containing 27,423 observations. It was observed in the majority of...
Persistent link: https://www.econbiz.de/10011259284
loan with the highest NPV. The reason should be a considerable lack of information about the usage of APR: participants … considering effects of information availability. …
Persistent link: https://www.econbiz.de/10009652919
operate in disequilibrium,search and information costs become very important.Trafficking in drugs taken as case, to explore …
Persistent link: https://www.econbiz.de/10009422026
This paper studies empirically how uncertainty affects speculation in the foreign exchange markets. We use the dispersion of survey forecasts of key macroeconomic variables to measure uncertainty about fundamentals. We find that uncertainty has a non-monotone effect on exchange rate pressures:...
Persistent link: https://www.econbiz.de/10008592942
to contribute to the team output. We vary the type of information the second mover receives prior to his effort choice …
Persistent link: https://www.econbiz.de/10008528717
The aim of this paper is to interpret the relationships between information networks and the civil wars (Colombia … paramilitaries were preparing each slaughter counting information previously learned between the inhabitants of the town. For these … reasons, it is shown that information is a key phenomenon to understand civil wars. Moreover, as demonstrated in this work is …
Persistent link: https://www.econbiz.de/10008529261