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Optimizing Incentive Plan Design: A Case Study
Levenson, Alec; Zoghi, Cindy; Gibbs, Michael; Benson, George - Institute for the Study of Labor (IZA) - 2011
We study effects of a firm's attempt to optimize an existing incentive scheme to increase sales growth for direct store delivery workers. Before optimization workers reported Ratchet Effects that lowered productivity. The altered incentive plan offered higher compensation for increased sales...
Persistent link: https://www.econbiz.de/10009323407
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Price cap regulation and the ratchet effect: a generalized index approach
Bottasso, Anna; Conti, Maurizio - In: Journal of Productivity Analysis 32 (2009) 3, pp. 191-201
Persistent link: https://www.econbiz.de/10008578013
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When the past is present – The ratchet effect in the local commons
Fellner, Gerlinde; Margreiter, Magdalena; Eraso, Nuria Oses - Max-Planck-Institut für Ökonomik, Max-Planck-Gesellschaft - 2003
The indirect evolutionary approach integrates forward-looking evaluation of opportunities and adaptation in the light of the past. Subjective motivation determines behavior, but long-run evolutionary success of motivational types depends on objective factors only, what can justify intrinsic...
Persistent link: https://www.econbiz.de/10005252202
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Competition and the Ratchet Effect
Charness, Gary; Kuhn, Peter J.; Villeval, Marie-Claire - Institute for the Study of Labor (IZA) - 2008
The 'ratchet effect' refers to a situation where a principal uses private information that is revealed by an agent's early actions to the agent's later disadvantage, in a context where binding multi-period contracts are not enforceable. In a simple, context-rich environment, we experimentally...
Persistent link: https://www.econbiz.de/10005233858
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Competition and the Ratchet Effect
Charness, Gary; Kuhn, Peter; Villeval, Marie-Claire - Groupe d'Analyse et de Théorie Économique Lyon … - 2008
The ‘ratchet effect’ refers to a situation where a principal uses private information that is revealed by an agent’s early actions to the agent’s later disadvantage, in a context where binding multi-period contracts are not enforceable. In a simple, context-rich environment, we...
Persistent link: https://www.econbiz.de/10005056876
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Competition and the Ratchet Effect
Charness, Gary; Kuhn, Peter; Villeval, Marie-Claire - HAL - 2011
The 'ratchet effect' refers to a situation where a principal uses private information that is revealed by an agent's early actions to the agent's later disadvantage, in a context where binding multi-period contracts are not enforceable. In a simple, context-rich environment, we experimentally...
Persistent link: https://www.econbiz.de/10008792254
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Empirische Erfahrungen, Versichertenverhalten zu steuern
Osmers, Henning; Vauth, Christoph - Wirtschaftswissenschaftliche Fakultät, Leibniz … - 2004
empirical inquiries. Researchers have found that mismanagement is often a consequence of misplaced incentives. This paper tries … incentives. An introduction is given as a short overview of the healthcare sector with its economical specialties. This is … followed by an outline of some well established contract models and their effect on the demander’s incentives. The paper …
Persistent link: https://www.econbiz.de/10005464729
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Ökonomisches Konzept zur Parkraumbewirtschaftung in Berlin-Wilmersdorf
Bruns, Oliver; Ebel, Heike Marie; Hohloch, Marc; … - Fakultät Wirtschaft und Management, Technische … - 2002
Die Überlastung der vorhandenen Verkehrsinfrastruktur in Ballungsgebieten zu den Hauptverkehrszeiten stellt ein zunehmendes wirtschaftliches und verkehrliches Problem dar. In diesem Beitrag werden Lösungsmöglichkeiten für eine effiziente Verteilung bzw. Allokation des knappen Gutes Freie...
Persistent link: https://www.econbiz.de/10008526894
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Eine erweiterte Gesamtrechnung der multifunktionalen Schweizer Landwirtschaft
Schlaepfer, Felix; Mann, Stefan - Gesellschaft für Wirtschafts- und Sozialwissenschaften … - 2012
In diesem Beitrag wird nach Wegen gesucht, die nichtmarktlichen Leistungen der Schweizer Landwirtschaft gezielter als bislang in die Landwirtschaftliche Gesamtrechnung zu integrieren. Dabei werden drei Methoden geprüft: Die Erfassung der leistungsbezogenen Direktzahlungen, die Ermittlung der...
Persistent link: https://www.econbiz.de/10011070457
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Nonmyopia and incentives in the piecewise linearized MDP procedures with variable step-sizes
Sato, Kimitoshi - In: Journal of Economic Structures 1 (2012) 1, 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/10010993738