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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
unconditional linear performance benchmark and show that this benchmark can be used to better align incentives within the firm. The …
Persistent link: https://www.econbiz.de/10012761668
observed over the 1982-1992 period. The shape of the flow-performance relationship creates incentives for fund managers to … incentives …
Persistent link: https://www.econbiz.de/10013232155
small incentives have on disclosure may explain the privacy paradox: Whereas people say they care about privacy, they are …
Persistent link: https://www.econbiz.de/10012954461
How do peers influence the impact of incentives? Despite much work on incentives, little is known about the spillover … effects of incentives. We investigate two mechanisms by which these effects can occur: through peers' actions and peers …' incentives. In a field experiment on snack choice (grapes versus cookies), we randomize who receives incentives, the fraction of …
Persistent link: https://www.econbiz.de/10013017086
algorithms with the purpose of creating incentives for an efficient and fair health care system. In this paper, we take a …
Persistent link: https://www.econbiz.de/10012922211
Prior studies suggest that consumer-directed health plans (CDHPs) -characterized by high deductibles and health care accounts- reduce health costs, but there is concern that enrollees indiscriminately reduce use of low-value services (e.g., unnecessary emergency department use) and high-value...
Persistent link: https://www.econbiz.de/10013028554
Firms and governments often use moral suasion and economic incentives to influence intrinsic and extrinsic motivations … quickly after repeated interventions. Economic incentives produced larger and persistent effects, which induced habit … formation after the final interventions. While each policy produces substantial welfare gains, economic incentives provide …
Persistent link: https://www.econbiz.de/10013029026
For much of 2020, the COVID-19 epidemic upended social and economic life globally. In an effort to reduce COVID-19 risks in the U.S., state and local governments issued many recommendations and regulations to induce social distancing, adding to voluntary reductions in interpersonal contact. The...
Persistent link: https://www.econbiz.de/10013227054
Housing market transactions are a matter of public record and thus provide a rare opportunity to analyze the behavior, performance, and strategies of individual investors. Using data for all housing transactions in the Los Angeles area from 1988-2009, this paper provides empirical evidence on...
Persistent link: https://www.econbiz.de/10013130258