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Economic theories and macroeconomic reality
Loria, Francesca; Matthes, Christian; Wang, Mu-Chun - 2021
that, while inessential to the theoretical mechanism that is central to the specific theory, would be essential to fit the … measurement error. We highlight in two applications that household heterogeneity greatly helps to fit aggregate data …
Persistent link: https://www.econbiz.de/10012792815
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Optimal monetary policy using reinforcement learning
Hinterlang, Natascha; Tänzer, Alina - 2021
This paper introduces a reinforcement learning based approach to compute optimal interest rate reaction functions in …
Persistent link: https://www.econbiz.de/10012792732
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Monetary incentives and the contagion of unethical behavior
Le Maux, Benoît; Masclet, David; Necker, Sarah - 2021
We analyze both theoretically and empirically how monetary incentives and information about others’ behavior affect …
Persistent link: https://www.econbiz.de/10012438251
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Incentives, social commitment, and the economics of Rawl's "well-ordered society"
Arnsperger, Christian - 1994 - Rev
Persistent link: https://www.econbiz.de/10000898390
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Strategic managerial incentives in an unionized duopoly
Bughin, Jacques - 1992
Persistent link: https://www.econbiz.de/10000869091
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Theory of incentive contracts in agriculture - consumption credit as a risk instrument
Kotwal, Ashok - 1981
Persistent link: https://www.econbiz.de/10003527884
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Investments and the holdup problem in a matching market
Bester, Helmut - 2009
This paper studies investment incentives in the steady state of a dynamic bilateral matching market. Because of search …
Persistent link: https://www.econbiz.de/10003875985
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Economic incentives and international trade
Marin, Dalia; Schnitzer, Monika - 1997
This paper studies the importance of incentives as a determinant of international trade flows. We argue that barter …
Persistent link: https://www.econbiz.de/10011417816
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More effort with less pay : on information avoidance, belief design and performance
Huck, Steffen; Szech, Nora; Wenner, Lukas M. - 2015 - June 2015, revised September 2015
In a tedious real effort task, subjects know that their piece rate is either low or ten times higher. When subjects are informed about their piece rate realization, they adapt their performance. One third of subjects nevertheless forego this instrumental information when given the choice - and...
Persistent link: https://www.econbiz.de/10011340265
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Multitask agents and incentives : the case of teaching and research for university professors
De Philippis, Marta - 2015
Persistent link: https://www.econbiz.de/10011410562