Showing 1 - 10 of 326
We apply three complementary approaches designed to identify the localized effects of Superfund site remediation under the CERCLA, examining data at the level of (i) the census tract (paying attention to within tract heterogeneity), (ii) the census block, and (iii) individual house transaction....
Persistent link: https://www.econbiz.de/10012940540
An important factor driving energy policy over the past two decades has been the Energy Paradox,' the perception that consumers apply unreasonably high hurdle rates to energy saving investments. We explore one possible explanation for this apparent puzzle: that realized returns fall short of the...
Persistent link: https://www.econbiz.de/10013248407
Understanding the organization of R&D activities requires the simultaneous consideration of scientific workers' talent and tastes, companies' organizational choices, and the characteristics of the relevant industry. We develop a model of the provision of incentives to corporate scientists, in an...
Persistent link: https://www.econbiz.de/10013125567
Domestic attempts to use financial incentives for teachers to increase student achievement have been ineffective. In this paper, we demonstrate that exploiting the power of loss aversion--teachers are paid in advance and asked to give back the money if their students do not improve...
Persistent link: https://www.econbiz.de/10013103529
This paper explores the relationship between time preferences, economic incentives, and body mass index (BMI). Using data from the 1979 cohort of the National Longitudinal Survey of Youth, we first show that greater impatience increases BMI even after controlling for demographic, human capital,...
Persistent link: https://www.econbiz.de/10013067326
Due to the limited availability of firm-level compensation data, there is little empirical evidence on the impact of compensation plans on personal productivity. We study an international law firm that moves from high-powered individual incentives towards incentives for "leadership" activities...
Persistent link: https://www.econbiz.de/10013076564
best to structure these programs. We explore how different incentive designs affect behavior on the extensive and intensive … the likelihood of joining the gym was not strongly affected by the incentive design. Notably, front-loading incentives to … encourage initial participation was not more effective than an incentive kept constant over time. For those who were already at …
Persistent link: https://www.econbiz.de/10012962187
We derive a measure that captures the extent to which overlapping ownership structures shift managers' incentives to internalize externalities. A key feature of the measure is that it allows for the possibility that not all investors are attentive to whether a manager's actions benefit the...
Persistent link: https://www.econbiz.de/10012890898
High rates of attrition, delayed completion, and poor achievement are growing concerns at colleges and universities in North America. This paper reports on a randomized field experiment involving two strategies designed to improve these outcomes among first-year undergraduates at a large...
Persistent link: https://www.econbiz.de/10012760493
behavior. Yet the detailed study of incentive systems has traditionally been left in the hands of (organizational) economists … so on -- in essence, the social context in which economics and incentive systems are embedded. We argue that this … it difficult to change incentive structures in the face of environmental change, while the organizational literature …
Persistent link: https://www.econbiz.de/10012767471