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 …

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 …

incentives, e.g. option-like compensation. We document that convex incentives are associated with (i) higher prices, (ii) larger … variations of prices, and (iii) larger bid-ask spreads. We conclude that convex incentives may lead to decreased stability of … financial markets. Our analysis suggests that the decreased stability is driven by the fact that convex incentives pushes agents …

of ownership, industry and management structure, leadership, social norms, and institutional incentives to alleviating … are those that create incentives, broadly defined, for individuals to improve productivity. …

firms. We show theoretically that feedback incentives decrease the equilibrium bribe amount, but make firms with more …

of ownership, industry and management structure, leadership, social norms, and institutional incentives to alleviating … are those that create incentives, broadly defined, for individuals to improve productivity. …

firms. We show theoretically that feedback incentives decrease the equilibrium bribe amount, but make firms with more …

-like incentives on price formation and trading behavior. We observe (i) that option-like incentives induce significantly higher market … prices than linear incentives. We further find that (ii) option-like incentives provoke subjects to behave differently and to … take more risk than subjects with linear incentives. We finally show that (iii) trading at inflated prices is rational for …

sensitive to risk aversion. Furthermore the Free Rule, a simple rule with no incentives, elicits relevant beliefs and even …