, the model offers an explanation for motivational crowding out: Control systems and pecuniary incentives may erode morale …

leads to weaker incentives for effort, compared with non-integration. Our theory makes minimal assumptions about the … division managers. The division managers' job is to create profitable investment projects. Giving the managers incentives to do …' incentives. The resulting tradeoff between a better use of resources and diminished incentives for effort determines whether …

ex-post inefficient, it provides entrepreneurs with high-powered incentives ex ante. We show that two types of equilibria …

staffed by motivated agents who subscribe to the mission. This Paper studies incentives in such contexts and emphasizes the … for high-powered incentives. The framework developed in this Paper is applied to non-profits, school competition, and … incentives in the public sector. …

-agent relationships by improving the trade-off between insurance and incentives in the design of explicit contracts. In dynamic settings …, however, there may be implicit as well as explicit incentives (e.g. managerial career concerns and the ratchet effect in … regulation). We show that the dynamic effects of CPI on implicit incentives can either reinforce or oppose the familiar (static …

organization to manipulate the incentives of politicians to provide effort. We show that intra- and inter-party competition … interact to shape these incentives. We also get new insights on the role of information, polarization, and on the value of …

scheme of incentives in a major government agency. The incentive scheme was based on teams and covered quantity and quality …