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Hidden insurance in a moral hazard economy
Bertola, Giuseppe; Koeniger, Winfried - 2013
We consider an economy where individuals privately choose effort and trade competitively priced securities that pay off with effort-determined probability. We show that if insurance against a negative shock is sufficiently incomplete, then standard functional form restrictions ensure that...
Persistent link: https://www.econbiz.de/10010225898
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Hidden Insurance in a Moral Hazard Economy
Bertola, Giuseppe - 2013
We consider an economy where individuals privately choose effort and trade competitively priced securities that pay off with effort-determined probability. We show that if insurance against a negative shock is sufficiently incomplete, then standard functional form restrictions ensure that...
Persistent link: https://www.econbiz.de/10013071425
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Hidden insurance in a moral hazard economy
Bertola, Giuseppe; Koeniger, Winfried - 2013
We consider an economy where individuals privately choose effort and trade competitively priced securities that pay off with effort-determined probability. We show that if insurance against a negative shock is sufficiently incomplete, then standard functional formrestrictions ensure that...
Persistent link: https://www.econbiz.de/10010208571
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Tournaments, gift exchanges, and the effect of monetary incentives for teachers : the case of Chile
Rau, Tomás; Contreras Guajardo, Dante - 2009
Persistent link: https://www.econbiz.de/10003925186
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Tournaments, gift exchanges, and the effect of monetary incentives for teachers : the case of Chile
Rau, Tomás; Contreras Guajardo, Dante - 2009
Persistent link: https://www.econbiz.de/10009234948
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Can financial incentives help disadvantaged schools to attract and retain high-performing teachers? : evidence from Chile
Elacqua, Gregory; Hincapié, Diana; Hincapié, Isabel; … - 2019
program in the region that provides monetary incentives to talented teachers with an additional bonus if they work in …
Persistent link: https://www.econbiz.de/10012154871
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Incentives for research agents and performance-vested equity-based compensation
Shan, Yaping - 2017
Persistent link: https://www.econbiz.de/10011885990
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Dynamic Optimal Insurance and Lack of Commitment
Karaivanov, Alexander - 2013
idiosyncratic income uncertainty and can self-insure through savings. We study Markov-perfect insurance contracts in which neither … the insurer can commit long-term. Whether the parties can contract on the agent's savings decision affects the Markov …
Persistent link: https://www.econbiz.de/10013091171
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Work Incentives of Medicaid Beneficiaries and the Role of Asset Testing
Pashchenko, Svetlana - 2016
, and we ask two questions: 1) Does Medicaid distort work incentives? 2) Can asset testing improve the insurance-incentives …
Persistent link: https://www.econbiz.de/10013007194
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Cooperation or competition? : a field experiment on non-monetary learning incentives
Bigoni, Maria; Fort, Margherita; Nardotto, Mattia; … - In: The B.E. journal of economic analysis & policy 15 (2015) 4, pp. 1753-1792
Persistent link: https://www.econbiz.de/10011429358