Similar Search Results

One for sure or three maybe - Empirical evidence for overtime play from Swiss ice hockey

Franck, Egon; Theiler, Philipp - Institut für Strategie und Unternehmensökonomik … - 2008

In order to avoid too many tied games after playing the five-minute overtime period, the National Hockey League … introduced two rule changes in the 1999-2000 season. First, a team that loses in overtime receives one point instead of zero … points. Second, the number of skaters in overtime is reduced from five to four. The theoretical literature analyzing these …

Persistent link: https://www.econbiz.de/10005068260

One for Sure or Maybe Three

Franck, Egon; Theiler, Philipp - In: Jahrbücher für Nationalökonomie und Statistik 232 (2012) 3, pp. 210-223

(NHL) introduced two rule changes in the 1999-2000 season. First, a team that loses in overtime receives one point instead …Summary In order to avoid too many tied games after playing the five-minute overtime period, the National Hockey League … of zero points. Second, the number of skaters in overtime is reduced from five to four. The theoretical literature …

Persistent link: https://www.econbiz.de/10014609393

One for Sure or Maybe Three Empirical Evidence for Overtime Play from a Comparison of Swiss Ice Hockey and the NHL

Franck, Egon; Theiler, Philipp - In: Journal of Economics and Statistics (Jahrbuecher fuer … 232 (2012) 3, pp. 210-223

In order to avoid too many tied games after playing the five-minute overtime period, the National Hockey League (NHL …) introduced two rule changes in the 1999-2000 season. First, a team that loses in overtime receives one point instead of zero … points. Second, the number of skaters in overtime is reduced from five to four. The theoretical literature analyzing these …

Persistent link: https://www.econbiz.de/10010570340

Theorie und Praxis des Risikostrukturausgleichs / Risk Adjustment in Theory and Practice

Göpffarth, Dirk - In: Jahrbücher für Nationalökonomie und Statistik 227 (2007) 5-6, pp. 485-501

Summary This article reviews the basic theoretical model of risk adjustment (Glazer/McGuire 2000) with a special focus on a coherent presentation of the main results. With adverse selection a regulator pursuing efficiency and solidarity objectives will need a risk adjustment scheme acting on a...

Persistent link: https://www.econbiz.de/10014609161

Unilateral vs. Bilateral Incentives: Evidence from the U.S. Pork Industry

Jang, Jongick; Miller, Douglas J.; Sykuta, Michael E.; … - 2009

The idea that individuals adapt their behaviors in response to changes in incentive systems is fundamental to most economic analysis. This paper incorporates the concept of price discovery costs into the incentive theory to offer a theoretical model and empirical evidence on thedifferential...

Persistent link: https://www.econbiz.de/10009444736

Surviving Unemployment without State Support: Unemployment and Household Formation in South Africa

Klasen, Stephan; Woolard, Ingrid - 2000

High unemployment in many OECD countries is often attributed, at least in part, to the generosity and long duration of unemployment compensation. It is therefore instructive to examine a country where high unemployment exists despite the near complete absence of an unemployment insurance system....

Persistent link: https://www.econbiz.de/10010262445

Tournament fever and the perception of strategic uncertainty in performance contests

Uske, Tobias - 2008

As firms implement tournament bonus reward schemes, mainly the idea is to introduce competition amongst their agents in the order to promote their performance. Tournaments in which agents compete for a bonus by investing effort, are frequently applied, e.g., in development races, political...

Persistent link: https://www.econbiz.de/10010263891

Labour supply and taxes

Meghir, Costas; Phillips, David - 2008

In this paper we provide an overview of the literature relating labour supply to taxes and welfare benefits with a focus on presenting the empirical consensus. We begin with a basic continuous hours model, where individuals have completely free choice over their hours of work. We then consider...

Persistent link: https://www.econbiz.de/10010268568

The incentive effects of long-term contracts on performance - Evidence from a natural experiment in European Football

Gerfin, Michael; Feess, Eberhard; Mühlheusser, Gerd - 2010

The empirical analysis of the impact of long-term contracts on performance is challenging for two reasons: first, it is difficult to get adequate performance measures and second, potentially negative incentive effects of long-term contracts are countervailed by selection effects when workers...

Persistent link: https://www.econbiz.de/10010270241

Does Group-Based Incentive Pay Lead To Higher Productivity? Evidence from a Complex and Interdependent Industrial Production Process

Frederiksen, Anders; Hansen, Daniel Baltzer Schjødt; … - 2022

Group-based incentive pay is attractive in contexts where production is complex and interdependent, yet freeriding is a paramount concern. We assess the introduction of group-based performance pay in a modern industrial production setting using difference-in-difference estimation. Performance...

Persistent link: https://www.econbiz.de/10012882562