Narrow search
Showing 1 - 10 of 184
Cover Image
Performance Information and Personnel Decisions in the Public Sector : The Case of School Principals
Cullen, Julie Berry - 2016
Firms and other organizations establish the criteria under which employees will be judged and the performance measures made available to supervisors, the board of directors and other stakeholders, and these structures almost certainly influence behavior and organization outcomes. Any divergence...
Persistent link: https://www.econbiz.de/10012455799
Cover Image
Does Information Feedback from In-Home Devices Reduce Electricity Use? Evidence from a Field Experiment
Attari, Shahzeen Z. - 2014
There is limited evidence of behavioral changes resulting from electricity information feedback. Using a randomized control trial from a New York apartment building, we study long-term effects of information feedback from "Modlet" in-home devices, which provide near-real-time plug-level...
Persistent link: https://www.econbiz.de/10012457857
Cover Image
The Human Perils of Scaling Smart Technologies : Evidence from Field Experiments
Brandon, Alec; Clapp, Christopher M.; List, John A.; … - National Bureau of Economic Research - 2022
Smart-home technologies have been heralded as an important way to increase energy conservation. While in vitro engineering estimates provide broad optimism, little has been done to explore whether such estimates scale beyond the lab. We estimate the causal impact of smart thermostats on energy...
Persistent link: https://www.econbiz.de/10013388838
Cover Image
Performance Evaluation of Zero Net-Investment Strategies
Jordà, Òscar - 2011
This paper introduces new nonparametric statistical methods to evaluate zero-cost investment strategies. We focus on directional trading strategies, risk-adjusted returns, and the investor's decisions under uncertainty as the core of our analysis. By relying on classification tools with a long...
Persistent link: https://www.econbiz.de/10012461508
Cover Image
How Wide is the Scope of Hold-Up-Based Theories? Contractual Form and Market Thickness in Trucking
Hubbard, Thomas N. - 1999
How far do the contractual implications of hold-up-based theories (Klein, Crawford, and Alchian (1978), Williamson (1979, 1985)) extend? I investigate this in the context of trucking. Quasi-rents in trucking are generally smaller than in the contexts studied in the previous empirical literature....
Persistent link: https://www.econbiz.de/10012471437
Cover Image
The Self-Enforcing Provisions of Oil and Gas Unit Operating Agreements : Theory and Evidence
Libecap, Gary D. - 1999
-term contracts. We argue that only if the parties to a unitization contract have unit production shares that are the same as their … cost shares will the contract be incentive compatible. Using a data base of sixty unit operating agreements, we measure the … desirable contract rules for avoiding moral hazard. It also shows how the effects of those rules can be replicated in difficult …
Persistent link: https://www.econbiz.de/10012471652
Cover Image
Incentive Contracts
Lazear, Edward P. - 1986
Persistent link: https://www.econbiz.de/10012477157
Cover Image
A Comparison of Tournaments and Contracts
Green, Jerry R. - 1982
Tournaments, reward structures based on rank order, are compared with individual contracts in a model with one risk-neutral principal and many risk-averse agents. Each agents' output is a stochastic function of his effort level plus an additive shock term that is common to all the agents. The...
Persistent link: https://www.econbiz.de/10012478271
Cover Image
Bilateral Contracts
Green, Jerry R. - 1981
efficiency is not attainable. We show that contracts involving mutual control might sometimes be superior to the best contract …
Persistent link: https://www.econbiz.de/10012478394
Cover Image
Risk Sharing through Breach of Contract Remedies
Polinsky, A. Mitchell - 1981
This paper examines the sharing of risk under three different remedies for breach of contract. The risk considered …. By means of a numerical example, it is shown that use of the prevailing remedy for breach of contract -- the expectation …
Persistent link: https://www.econbiz.de/10012478401