Showing 1 - 10 of 2,352
Persistent link: https://www.econbiz.de/10000970052
Reimbursement of commuting costs by employers has attracted little attention from economists. We develop a theoretical … alternative explanation that stresses the role of tax incentives is unlikely to provide a full explanation of the commuting costs …
Persistent link: https://www.econbiz.de/10011372498
This paper explores the feasibility to extend the Standard Cost Model (SCM) for calculating the costs of government … regulation by taking all transaction costs into account which stem from the principal/agent relationship between regulatory … authorities and economic entities. From that perspective these transaction costs do not only relate to the bonding costs of the …
Persistent link: https://www.econbiz.de/10011377583
Persistent link: https://www.econbiz.de/10000994521
Persistent link: https://www.econbiz.de/10001589194
For reward-based crowdfunding, we introduce the strategy-proof Generalized Moulin-Shenker mechanism (GMS) and compare its performance to the prevailing All-Or-Nothing mechanism (AON). Theoretically, GMS outperforms AON in equilibrium profit and funding success. We test these predictions...
Persistent link: https://www.econbiz.de/10013440382
-derstand how this individual choice process works. The literature of currency useconcerns primarily theory, in the sense that …
Persistent link: https://www.econbiz.de/10011327547
Persistent link: https://www.econbiz.de/10001689354
This paper studies the desirability of programmable payments where transfers are automatically executed conditional upon preset objective criteria. We do so by studying optimal payment arrangements in a framework that captures a wide range of economic relationships between two parties. Our...
Persistent link: https://www.econbiz.de/10013413524
Persistent link: https://www.econbiz.de/10003482754