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Much of economics assumes that higher incentives increase participation in a transaction only because they exceed more … costly, higher incentives also change reservation prices to further increase participation. A higher incentive makes people …. Hence, incentives change not only what people choose, but also what they believe their choices entail. This result informs …
Persistent link: https://www.econbiz.de/10011588031
transfer and dissemination of technology. Article 66.2 specifically obligates developed country Members to provide incentives … agriculture and food; environment and climate change; information and communication technology (ICT); public health and … survey of LDC Members which identified as priority areas for technology transfer as agriculture and food; environment and …
Persistent link: https://www.econbiz.de/10014442687
know a lot about the effect of incentives on pro-social behavior, we understand very little about how to promote pro …-social behavior efficiently. For example, we accept that monetary incentives sometimes are less effective than would be predicted for …, we compare the role of heterogeneity of preferences in social efficiency across incentives and confirm the existence of …
Persistent link: https://www.econbiz.de/10013018977
Hypothetical referenda have been proposed as an incentive- compatible mechanism that can be used to obtain social valuations of environmental resources. We employ experimental methods to test the hypothesis that such referenda are indeed incentive compatible. Our results lead us to reject that...
Persistent link: https://www.econbiz.de/10014221675
away the second. Self-interested incentives induce meaningful climate policy over a period of several generations, if the … consumption, not from endogenous asset prices. For small climate policy, the old and young generations’ incentives are aligned if …
Persistent link: https://www.econbiz.de/10013324410
Persistent link: https://www.econbiz.de/10009722700
This paper analyzes the effects of net neutrality regulation on investment incentives for Internet service providers … trade of the first-priority. Concerning the ISP’s investment incentives, we find that capacity expansion affects the sale … possibility of the opposite. -- Net neutrality ; investment (innovation) incentives ; queuing theory ; hold-up problem ; two …
Persistent link: https://www.econbiz.de/10003749685
What is the best way to reward innovation? While prizes avoid deadweight loss, intellectual property selects high social surplus projects. Optimal innovation policy thus trades off the ex-ante screening benefit and the ex-post distortion. It solves a multidimensional screening problem in the...
Persistent link: https://www.econbiz.de/10013115803
differing incentives in four identical trials. These randomly assigned incentives included various monetary amounts, a free gift …, or a social nudge tapping into altruistic values (in this case, benefits to the environment). After tests for homogeneity …, the results showed the social nudge had a high degree of effectiveness, when compared to both the financial incentives and …
Persistent link: https://www.econbiz.de/10014126492
One of the most basic principles in economics is that competitive pressure promotes efficiency. However, this pressure can also have a dark side because it makes firms reluctant to act on private information that is unpopular with consumers. As a result, firms that possess superior information...
Persistent link: https://www.econbiz.de/10014106505