We study the effect of physician incentives in an HMO network. Physician incentives are controversial because they may … induce doctors to make treatment decisions that differ from those they would chose in the absence of incentives. We set out a … suggestive evidence that financial incentives linked to commonly used quality measures may stimulate an improvement in measured …

control for unobserved heterogeneity that might be correlated with retirement plans and wealth. As expected, we find … heterogeneity in empirical models of retirement-related outcomes …

In this paper I summarize four new strands in agency theory that help me think about incentives in real organizations … assessments; incentives for skill development rather than simply for effort; and incentive contracts between versus within … organizations. I conclude by suggesting two avenues for further progress in agency theory: better integration with organizational …

Private ownership should generally be preferred to public ownership when the incentives to innovate and to contain … capitalist incentives to innovate. Moreover, many of the concerns that private firms fail to address social goals' can be …

theory of agency, notably income insurance and multi-task considerations, also shape pay policies. The conclusion we draw …

Individuals involved in basic research, like other workers, respond to incentives. Funding agencies provide implicit … incentives when they specify the rules by which awards are made. The following analysis is an exercise in understanding … incentives at an applied level. Specific rules are examined and analyzed to determine their incentive effects. For example, what …