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By reducing the threat of a hostile takeover, business combination (BC) laws weaken corporate governance and increase the opportunity for managerial slack. Consistent with the notion that competition mitigates managerial slack, we find that while firms in non-competitive industries experience a...
Persistent link: https://www.econbiz.de/10012757546
In this paper, we examine a supply chain in which a single supplier sells to a downstream newsvendor-type retailer. We make two assumptions that enrich this simple and well-understood model. First, we consider a multi-period model, in which the sequence of events is as follows. In a period, t,...
Persistent link: https://www.econbiz.de/10014047671
Explicit financial incentives, especially pay-for-performance (P4P) incentives, have been extensively employed in …) incentives on the provision of targeted primary care services, and whether physicians' responses differ by age, practice size and … responses are of modest size, physicians responded to some of the financial incentives but not the others. The differential …
Persistent link: https://www.econbiz.de/10013127976
Financial incentives for teachers to increase student performance is an increasingly popular education policy around … to better understand the impact of teacher incentives on student achievement. I find no evidence that teacher incentives … increase student performance, attendance, or graduation, nor do I find any evidence that the incentives change student or …
Persistent link: https://www.econbiz.de/10013128846
As multi-hospital kidney exchange clearinghouses have grown, the set of players has grown from patients and surgeons to include hospitals. Hospitals have the option of enrolling only their hard-to-match patient-donor pairs, while conducting easily arranged exchanges internally. This behavior has...
Persistent link: https://www.econbiz.de/10013130977
educator performance metrics and measures of student achievement. To mitigate incentives for coaching, incentive systems should … information about student achievement because they create no incentives for educators to take hidden actions that contaminate …
Persistent link: https://www.econbiz.de/10013131241
We show that economic incentives affect the number and commercial value of inventions generated in universities. Using …
Persistent link: https://www.econbiz.de/10013132596
In spite of the large expected costs of needing long-term care, only 10-12 percent of the elderly population has private insurance coverage. Medicaid, which provides means-tested public assistance and pays for almost half of long-term care costs, spends more than $100 billion annually on...
Persistent link: https://www.econbiz.de/10013137609
Policymakers and academics are increasingly interested in applying financial incentives to individuals in education …
Persistent link: https://www.econbiz.de/10013138474
for mutual fund families to internalize broker incentives leads us to predict that the market for mutual funds will be …
Persistent link: https://www.econbiz.de/10013138769