extrinsic motivation is reinforced. Based on the common pool approach to the firm, institutions are proposed which serve to …

). Agents differ in their motivation to exert social effort. Our model predicts that lowering incentives for selfish effort in …

. The model shows the presence of a fundamental trade-off between platform engagement and user welfare. A higher weight … assigned to online social interactions such as likes and shares and to personalized content, increases engagement while having …

There has been a remarkable rise in the transparency of monetary policy during the last two decades. This paper …. Furthermore, it reviews the theoretical literature on monetary policy transparency and relevant empirical findings. The focus is …

. This paper shows that such economic transparency could give central banks greater flexibility to respond to macroeconomic …

Transparency has become one of the main features of monetary policymaking during the last decade. This paper … establishes some stylized facts. In addition, it provides a systematic overview of the practice of monetary policy transparency … framework, including inflation targeting. Nevertheless, the paper finds significant differences in transparency across monetary …

Transparency has become a prominent feature of monetary policy. This paper provides an overview of central bank … communication practices and is the first to systematically analyze transparency trends throughout the world and across monetary … inflation and economic development have undergone larger increases in transparency. Moreover, it shows that greater transparency …