In recent years, cases in which state governments chose to override federal environmental regulation with tighter … paper argues that this change arose at least in part because of a shift in the type of regulation used at the federal level …, from command-and-control regulation toward more incentive-based regulation. Under an incentive-based federal regulation, a …

results suggest reformed incentives for third-party auditors can improve their reporting and make regulation more effective …

Can patent protection and product market competition complement each other in enhancing incentives to innovate? In this …

We present a detailed analysis of the incentives that Social Security provides for continued work at older ages. We do …

of the typical American firm. Variable pay is usually touted as a way to provide incentives to managers whose interests …

underinvestment problem. We derive comparative static predictions for the equilibrium relationships between incentives from … compensation, investment, and firm performance for both cases. The relationship between firm performance and managerial incentives … to identify whether managers have private benefits or costs, we estimate the joint relationships between incentives and …

This paper surveys the econometric evidence on the effectiveness of fiscal incentives for R&D. We describe the effects …