Showing 1 - 10 of 2,536
This paper explores optimal incentive schemes in public health institutions when agents (doctors) are intrinsically motivated. We develop a principal-agent dynamic model with moral hazard in which agents’ intrinsic motivation could be promoted (crowding-in) by combining monetary and...
Persistent link: https://www.econbiz.de/10010860716
This paper explores optimality of contracts and incentives when the principal (public organisation) can undertake … workers’ identity through contracts offered by the firm. In the model, identity is a motivation source which reduces agents … when principal include mission-sense developing investments in contracts. By mission we mean a single culture that is …
Persistent link: https://www.econbiz.de/10010860717
This paper explores optimality of contracts and incentives when the principal (public organization) can undertake … workers’ identity through contracts offered by the firm. In the model, identity is a motivation source which reduces agents … include investments to foster identity in contracts. Think for instance in developing a single culture that is shared by all …
Persistent link: https://www.econbiz.de/10010860721
banking with moral hazard, we show that second best bank contracts that improve on autarky ex-ante require costly crises to …
Persistent link: https://www.econbiz.de/10010862702
banking with moral hazard, we show that second best bank contracts that improve on autarky ex ante require costly crises to …
Persistent link: https://www.econbiz.de/10011019233
The implementation of nature conservation policy in the EU is often based on contracts between public authorities and … landowners. We model these contracts in the presence of adverse selection and moral hazard when the outcome is uncertain. The …
Persistent link: https://www.econbiz.de/10005025452
Persistent link: https://www.econbiz.de/10005350831
referral practice, and concentrate on the optimal contracts that induce the best behaviour from the public insurers’ point of …
Persistent link: https://www.econbiz.de/10009292414
Information is a key factor in the functioning of the market and the performance of the whole economy. However, as the free market is not always efficient in the realization of its function to the development of the economy, so the information do not produce only positive effects on the...
Persistent link: https://www.econbiz.de/10009357633
banking with moral hazard, we show that second best bank contracts that improve on autarky ex ante require costly crises to …
Persistent link: https://www.econbiz.de/10010722686