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This paper examines performance in a tournament setting with different levels of inequality in rewards and different provision of information about individual's skill at the task prior to the tournament. We find that that total tournament output depends on inequality according to an inverse U...
Persistent link: https://www.econbiz.de/10012767237
journals' policies could substantially expedite peer review at little cost. More generally, price incentives, nudges, and … incentives significantly improve speed, especially in the week before the deadline. Cash payments do not crowd out intrinsic … motivation: after the cash treatment ends, referees who received cash incentives are no slower than those in the four …
Persistent link: https://www.econbiz.de/10012856601
economists on the patterns of their citations. We rely on a sample of 428 papers written by 16 well known economists who died …
Persistent link: https://www.econbiz.de/10012772315
Over the past decade there has been a decline in the fraction of papers in top economics journals written by economists …
Persistent link: https://www.econbiz.de/10012776461
Criticism of the Target system by a group of central European scholars has become a widespread argument against the policies of the European Central Bank and even the integrity of the monetary union, and even standard fare in the media and in the political debate in Germany. Most academics and...
Persistent link: https://www.econbiz.de/10014094801
Can patent protection and product market competition complement each other in enhancing incentives to innovate? In this …
Persistent link: https://www.econbiz.de/10013064451
This paper explores the interaction between incentives, information, and organizational design. It argues that the … virtues: its ability to solve the problems of selection, incentives, and information gathering and aggregation which are the …
Persistent link: https://www.econbiz.de/10013215336
provision of incentives to corporate scientists, in an environment where (1) scientists engage in multiple activities when …-monetary incentives; and (4) firms compete on the product market. We show that both the degree of knowledge spillovers and of market … competition affect the incentives given to scientists, and these effects interact. First, high knowledge spillovers lead firms to …
Persistent link: https://www.econbiz.de/10013125567
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
We investigate the role of physician agency and competition in determining health care supply and patient outcomes. A 2005 change to Medicare fees had a large, negative impact on physician profit margins for providing chemotherapy treatment. In response to these cuts, physicians increased their...
Persistent link: https://www.econbiz.de/10013078598