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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 study the interplay of share prices and firm decisions when share prices aggregate and convey noisy information about fundamentals to investors and managers. First, we show that the informational feedback between the firm's share price and its investment decisions leads to a systematic...
Persistent link: https://www.econbiz.de/10013121056
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
incentives and limits of hard information verifiability. Using unique data where loans are based on hard information, and loan …
Persistent link: https://www.econbiz.de/10013081841
I consider nonlinear taxation of income and bequests with a joy-of-giving bequest motive and explicitly characterize the estate tax rate structure that maximizes social planner's welfare function. The solution trades off correction of externality from giving and discouraging effort of children...
Persistent link: https://www.econbiz.de/10013087451
Can patent protection and product market competition complement each other in enhancing incentives to innovate? In this …
Persistent link: https://www.econbiz.de/10013064451
) firms' incentives to contribute to the development and improvement of a standard, and (b) firms' decision to disclose the …
Persistent link: https://www.econbiz.de/10013066245
to share them than people with moderate opinions, resulting in biased distributions of reviews. Providing incentives for … reviewing has the potential to reduce this selection bias, because incentives can mitigate the motivational deficit of people …, providing relatively high monetary rewards or a pro-social cue as incentives for reviewing reduces this bias. We conclude that …
Persistent link: https://www.econbiz.de/10012925901
compensation plans on personal productivity. We study an international law firm that moves from high-powered individual incentives … towards incentives for "leadership" activities that contribute to the firm's long run profitability. The effect of this change …
Persistent link: https://www.econbiz.de/10013076564