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Second-Degree Moral Hazard in a Real-World Credence Goods Market
Balafoutas, Loukas; Kerschbamer, Rudolf; Sutter, Matthias - 2021
Empirical literature on moral hazard focuses exclusively on the direct impact of asymmetric information on market outcomes, thus ignoring possible repercussions. We present a field experiment in which we consider a phenomenon that we call second-degree moral hazard – the tendency of the supply...
Persistent link: https://www.econbiz.de/10013315697
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Incentive Contracts and Efficient Unemployment Benefits
Demougin, Dominique; Helm, Carsten - 2021
bargaining, leading to stronger effort incentives and higher output. However, it also reduces incentives for labor market …
Persistent link: https://www.econbiz.de/10013316365
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The Healthy Immigrant Paradox and Health Convergence
Constant, Amelie F. - 2017
The health status of people is a precious commodity and central to economic, socio-political, and environmental dimensions of any country. Yet it is often the missing statistic in all general statistics, demographics, and presentations about the portrait of immigrants and natives. In this paper...
Persistent link: https://www.econbiz.de/10012943173
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The Ex Ante Incentive Compatible Core in Exchange Economies With and Without Indivisibilities
Forges, Francoise - 2021
The ex ante incentive compatible core of an exchange economy with private information is the (standard) core of a socially designed characteristic function, which expresses the fact that coalitions allocate goods by means of random incentive compatible mechanisms. We first survey some results in...
Persistent link: https://www.econbiz.de/10013317636
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A Simple Model of Health Insurance Competition
Kemnitz, Alexander - 2010
This paper investigates competition between health insurance companies under different financing regulations. We consider two alternatives advanced in recent German health care reform discussions: competition by contribution rates (health contributions) and by fees (health premia). We find that...
Persistent link: https://www.econbiz.de/10013136650
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Opting-In to Prosocial Incentives
Schwartz, Daniel - 2018
Prior work has demonstrated that prosocial incentives – where individuals' effort benefits a charitable organization … – can be more effective than standard incentives, particularly when the stakes are low. Yet, little is known about the … effectiveness of prosocial incentives on people's decisions to participate or opt-in to the incentivized activity in the first place …
Persistent link: https://www.econbiz.de/10012926542
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What Drives Reciprocal Behavior? The Optimal Provision of Incentives Over the Course of Careers
Fahn, Matthias - 2017
rents can be used to provide incentives. Preferences for reciprocity still affect the structure of an employment … interaction. Therefore, reciprocity-based and repeated-game incentives are dynamic substitutes, but complements at any given point …
Persistent link: https://www.econbiz.de/10012947453
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The Effect of Incentives of Real Effort : Evidence from the Slider Task
de Araujo, Felipe Augusto - 2015
Real-effort experiments are frequently used when examining a response to incentives. For any particular real …-effort task to be well-suited for such an exercise, subjects' cost for exerting effort must, for the range of incentives … nonmonetary incentives. However, despite its increasing use, a simple between-subject examination of the slider task's response to …
Persistent link: https://www.econbiz.de/10013021431
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Voluntary Disclosure of Evaded Taxes -- Increasing Revenues, or Increasing Incentives to Evade?
Langenmayr, Dominika - 2015
Many countries apply lower fines to tax evading individuals when they voluntarily disclose the tax evasion they committed. I model such voluntary disclosure mechanisms theoretically and show that while such mechanisms increase the incentive to evade taxes, they nevertheless increase tax revenues...
Persistent link: https://www.econbiz.de/10013022493
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A Theory of Tax Avoidance -- Managerial Incentives for Tax Planning in a Multi-Task Principal-Agent Model
Ewert, Ralf - 2014
We derive determinants of tax avoidance by means of a multi-task principal-agent model. We extend prevailing models by integrating both corporate and individual income taxation as well as by including tax planning effort in the agent's action portfolio. Our model shows novel and apparently...
Persistent link: https://www.econbiz.de/10013051278