Showing 1 - 10 of 131
Public service motivation is often considered as an argument for low- powered incentive schemes in the public sector. In this paper, we characterize the optimal contract between a public regulator and an altruistic agent according to the degree of public service motivation, when the type of the...
Persistent link: https://www.econbiz.de/10010707800
exclusive rights of use over information and on the self-regulation of on-line communities. Through a decentralized system of …
Persistent link: https://www.econbiz.de/10010765455
collectivization is evident. However, the open market model has multiple variants of the state's role and the degrees of regulation. A …
Persistent link: https://www.econbiz.de/10010708389
I propose a model in which firms can convey their quality by listing on a stock exchange. To list, firms must comply with costly listing requirements allowing investors to recognize imperfectly their quality. A profit maximizing exchange may set listing requirements leading to high information...
Persistent link: https://www.econbiz.de/10010861490
Persistent link: https://www.econbiz.de/10010905382
In the Basel regulation the required capital of a financial institution is based on conditional measures of the risk of …
Persistent link: https://www.econbiz.de/10011265514
In the Basel regulation the required capital of a financial institution is based on conditional measures of the risk of …
Persistent link: https://www.econbiz.de/10011265517
underscore the economic importance of regulation in the funds’ asset allocation choices, relative to institutional and individual …
Persistent link: https://www.econbiz.de/10010812471
from others, and because they seek to influence the industry regulation. Properly organized fora establish an open …
Persistent link: https://www.econbiz.de/10010723175
. Recent scandals in the financial industry exposed overconfidence in IT based regulation and, as scholars of regulation have … with a broad perspective we define sociomaterial regulation as the relationships between the rules, the IT artifacts, and … modalities of sociomaterial regulation which can be understood using the three relationships: functionality-, tool-, role …
Persistent link: https://www.econbiz.de/10010757430