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This paper analyzes dynamic risk-sharing contracts between profit-maximizing insurers and risk-averse agents who face idiosyncratic income uncertainty and may self-insure through savings. We study Markov-perfect insurance contracts in which neither party can commit beyond the current period. We...
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Despite the potential importance of awards as a possible career catalyst, the theoretical and empirical research on awards is still in its infancy. Here, we address this notable shortcoming in the economic literature by exploring data from German youth football. Analyzing whether an early career...
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This paper evaluates the effect of positive inducements on tax behavior by exploiting a natural experiment in which a municipality of Argentina randomly selected 400 individuals among more than 72,000 taxpayers who had complied with payment of their property tax. These individuals were publicly...
Persistent link: https://www.econbiz.de/10011661307
program in the region that provides monetary incentives to talented teachers with an additional bonus if they work in …
Persistent link: https://www.econbiz.de/10012154871
been tested, with mixed results. This study experimentally evaluates the effects of team in-kind incentives on health …-kind incentives linked to performance over a 12-month period. All 75 teams received monitoring, performance feedback and recognition … exhibit improvements in performance measures over time, the in-kind incentives generated significant improvements in community …
Persistent link: https://www.econbiz.de/10011959261
Nonprofit organizations have been recently mandated to disclose the details of their executives' compensation packages. Contract information is now accessible not only to current and prospective donors, but also to rival nonprofit organizations competing for donations in the fundraising market....
Persistent link: https://www.econbiz.de/10012383902