This paper modifies the optimal penalty analysis by incorporating investment incentives with external benefits. In the … the optimal punishment scheme …

It has been argued that monetary incentives restrain individual creativity and hamper performance in jobs requiring out … also when individuals work together to solve such problems. We do not find a negative impact of incentives on group … performance. As a comparison we ran the same experiment (the Candle Problem) with and without incentives for individuals as well …

We study how incentives to boost short-term performance affect longer-term innovation output. Share repurchases that …

This study analyses the incentives for process innovations under different conditions determined by the competition …

workers can learn from each other's experience, incentives for innovation fundamentally differ from incentives for routine … activities. Optimal incentives for routine activities take the form of standard pay-for-performance where only individual success … workers with a combination of long-term individual and group incentives for joint success. This result is in line with the …

's reliance on damages. This, in turn, can reduce the innovator's incentives to pursue R&D because the compensation is not …

We model the economics of the effects of standards on incentives for innovative investment. We use survey data from …

diminish as a firm increases in size. The findings broadly support the notion that differences in the incentives and abilities …