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To increase their transition from welfare to work, benefit recipients in the municipality of Rotterdam were exposed to various financial incentives, including both carrots to sticks. Once their benefit spell exceeded one year, welfare recipients were entitled to a reemployment bonus if they...
Persistent link: https://www.econbiz.de/10011380926
Economic agents react to incentives, and this holds true for professional football teams as well. Double round-robin and single-match elimination represent two opposite competition regimes, with incentives varying distinctly between them. At the level of individual matches, a single defeat needs...
Persistent link: https://www.econbiz.de/10014577868