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¿Por qué el distanciamiento ideológico disminuye la provisión de bienes públicos? ; una explicación basada en el empleo clientelar

Gatica Arreola, Leonardo A. - In: Estudios de economía 39 (2012) 1, pp. 27-51

This paper presents a model of political competition to explore the effect that the ideological distance between two … explained, neither by cooperation problems nor conflict between polarized groups, but because of the political profitability of … clientelistic employment. -- polarization ; political competition ; government efficiency ; government employment ; clientelism. …

Persistent link: https://www.econbiz.de/10010049049

Esquemas de incentivos y carteras de inversión innovadoras

Loyola, Gino; Portilla, Yolanda - In: Estudios de economía 37 (2010) 1, pp. 43-66

This article characterizes the properties of the compensation scheme of delegated portfolio management that would lead to the selection of high risk-high return portfolios. In particular, it provides conditions under which a non-monotone payment structure emerges as an optimal contract, which...

Persistent link: https://www.econbiz.de/10009959108

Social comparison in deterrence policy

Ch'ng, Kean Siang - In: Advances in management & applied economics 2 (2012) 1, pp. 25-41

Management meted out punishment to enforce rules and encourage adherence. However, the effectiveness depended on how the employees perceive and interpret the policy. This study tested the effect of reducing individual lateness in a plastic factory. Field experiment was conducted to test the...

Persistent link: https://www.econbiz.de/10010009056

Nonmyopia and incentives in the piecewise linearized MDP procedures with variable step-sizes

Sato, Kimitoshi - In: Journal of economic structures : JES; the official … 1 (2012), pp. 1-23

The paper formulates a piecewise linearized version of the procedure developed by Sato (1983) and analyzes its properties. In so doing, Fujigaki’s (1981) private goods economy is extended to involve a public good; and the intertemporal game of Champsaur and Laroque is piecewise localized by...

Persistent link: https://www.econbiz.de/10010081823