Much of economics assumes that higher incentives increase participation in a transaction only because they exceed more … costly, higher incentives also change reservation prices to further increase participation. A higher incentive makes people …. Hence, incentives change not only what people choose, but also what they believe their choices entail. This result informs …

This paper analyzes the effects of net neutrality regulation on investment incentives for Internet service providers … trade of the first-priority. Concerning the ISP’s investment incentives, we find that capacity expansion affects the sale … possibility of the opposite. -- Net neutrality ; investment (innovation) incentives ; queuing theory ; hold-up problem ; two …

&D cooperation. This paper explores this idea by analysing on the one hand the incentives for EU, Japan and Russia to adopt this … strategy, and on the other hand the incentives for the US to join a coalition which cooperates both on climate change control … and R&D) will be examined from the view point of countries profitability and free-riding incentives. Finally, after having …

During the last two decades economists have made much progress in understanding incentives, contracts and organisations … effects of incentives. Economists may fail to understand the levels and the changes in behaviour if they neglect motives like … the desire to reciprocate or the desire to avoid social disapproval. We show that monetary incentives may backfire and …