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asymmetries of information are bilateral, i.e., if universities observe a private signal of each student's ability, or if there …
Persistent link: https://www.econbiz.de/10011402408
This paper develops a model in which workers to a certain extent enjoy working. We examine the implications of workers intrinsic motivation for optimal monetary incentive schemes. We show that motivated workers work harder and, for a given level of e.ort, are willing to work for a lower wage....
Persistent link: https://www.econbiz.de/10011404324
We study ex post information rents in sequential screening models where the agent receives private ex ante and ex post … information. The principal has to pay ex post information rents for preventing the agent to coordinate lies about his ex ante and … ex post information. When the agent's ex ante information is discrete, these rents are positive, whereas they are zero in …
Persistent link: https://www.econbiz.de/10010340371
signaling game between the third party and her ally's enemy where preferences do not satisfy the single-crossing condition … information about the strength of her ally's enemy can be strategically exploited by the enemy through pronouncements that would … information to the third party. In some cases, the third party and her ally are strictly better off if the third-party's decision …
Persistent link: https://www.econbiz.de/10003854485
effects and small changes in the electoral incentives may generate large changes in turnout due to signaling effects. (iv …) Signaling incentives increase the sensitivity of turnout to voting incentives in communities with low opportunity cost of social … smaller communities have more volatile turnout than larger communities. -- electoral incentives ; signaling ; voting …
Persistent link: https://www.econbiz.de/10009489028
electoral incentives may generate large changes in turnout due to signaling effects. (iv) Signaling incentives increase the … volatile turnout than larger communities. -- electoral incentives ; signaling ; voting …
Persistent link: https://www.econbiz.de/10009672366
-sided asymmetric information where the informed party first decides to invest, or not, in case preparation, and the uninformed party … ; signaling …
Persistent link: https://www.econbiz.de/10003720823
Persistent link: https://www.econbiz.de/10003712507
Persistent link: https://www.econbiz.de/10003463017
have incentives to acquire information that makes incentive contracts ineffective. …
Persistent link: https://www.econbiz.de/10011511048