Showing 1 - 10 of 252
We develop a test for adverse selection and use it to examine private health insurance markets. In contrast to earlier papers that consider a purely private system or a system in which private insurance supplements a public system, we focus our attention on a system where privately funded health...
Persistent link: https://www.econbiz.de/10010292988
Vertragstheorie - ausgewählte Ansatzpunkte zur Betrugsbekämpfung und insbesondere das Problem der Sanktionierung von ertappten … using existing results of contract theory. …
Persistent link: https://www.econbiz.de/10010307648
We use experiments to test comparative statics predictions of canonical tournament theory. Both the roles of principal and agent are populated by human subjects, allowing us to test predictions for both incentive responses and optimal tournament design. Consistent with theory, we observed an...
Persistent link: https://www.econbiz.de/10010282234
The present paper is a first attempt to develop a theoretical model using a short-term vis-à-vis long-term contract … model presented in this paper, donor countries balance these two contract schemes to determine the endorsement or rejection … empirical analysis shows the payoffs and relative advantages of these two contract schemes. …
Persistent link: https://www.econbiz.de/10010284734
incomplete contract. It is shown that the efficiency of these solutions is very sensitive to the characteristics of the good or …
Persistent link: https://www.econbiz.de/10010267674
Consider a contract between two players, describing the payment an agent obtains from the principal, in exchange for a … good or service supplied. At each point in time, either player may unilaterally demand a renegotiation of the contract …, involving renegotiation costs for both players. Players’ payoffs from trade under the contract, as well as from a renegotiated …
Persistent link: https://www.econbiz.de/10010284487
(Australian Alliancing Contract) findet die terminliche Komponente Eingang in die gemeinsamen Entscheidungen des Projekt-Teams bei … of a building usually takes several years. At the time of signing the contract, it is often not yet clear what exactly … securing claims, rather than seeking solutions. By looking across national borders at other successful contract models, this …
Persistent link: https://www.econbiz.de/10014565931
Persistent link: https://www.econbiz.de/10011695883
We investigate the intrinsic motivation of individuals to report, and thereby sanction, fellow group members who lie for personal gain. We further explore the changes in lying and reporting behavior that result from giving individuals a say in who joins their group. We find that enough...
Persistent link: https://www.econbiz.de/10010289978
public servants chose between whistleblowing, opportunism and reciprocity by delivery (of a contract) and those acting as … businesspeople chose how to frame the game and whether to blow the whistle. While opportunism and abstaining from whistleblowing is …
Persistent link: https://www.econbiz.de/10010307874