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Remarks at the Clearing House's Second Annual Business Meeting and Conference, New York City.
Persistent link: https://www.econbiz.de/10010724971
The No Child Left Behind law mandated the institution of adequate yearly progress (AYP) objectives, on which schools are assigned a pass or fail. Fail status is associated with negative publicity and often sanctions. In this paper, I study the incentives and responses of schools that failed AYP...
Persistent link: https://www.econbiz.de/10009366985
This paper explores the advantages of a new financial charter for large, complex, internationally active financial institutions that would address the corporate governance challenges of such organizations, including incentive problems in risk decisions and the complicated corporate and...
Persistent link: https://www.econbiz.de/10008486553
The authors extend the standard public goods game in a variety of ways, in particular by allowing for endogenous preference over institutions and by studying the relationship between individual types, their preferences, and later behavior within the various institutional environments. They...
Persistent link: https://www.econbiz.de/10010558508
This paper examines the effects of constraints in a Tiebout framework applied to school finance reforms. We use data from Michigan, which enacted a comprehensive school finance reform in 1994 that, in effect, ended local discretion over school spending. This scenario affords us a unique...
Persistent link: https://www.econbiz.de/10008643779
We conducted a lab experiment to examine (1) whether luck-based income influences honesty in a subsequent, unrelated … decision, (2) whether the perceived agency over an uncertain event affects the interplay between luck and honesty, and (3 …) whether accumulated previous luck-based incomes influence honesty. Specifically, participants self-report a dice roll outcome …
Persistent link: https://www.econbiz.de/10015211303
erodes the moral value of honesty; (2) whether the perceived level of agency over an uncertain event affects the relationship … between luck and honesty; and (3) whether accumulated luck affects honesty. To this end, we conducted a lab experiment where …
Persistent link: https://www.econbiz.de/10013427690
. Here, we introduce the concept of 'meta-nudging' and illustrate its potential benefits in the context of promoting honesty … overcome some of the challenges that the classical nudging approach has faced. We use the case of nudging honesty to develop …
Persistent link: https://www.econbiz.de/10013427725
Remote work arrangements and increased virtual communication are commonplace. Particularly in organizations, virtual communication has become an essential tool for collaboration and exchanging information. Virtual communication channels, such as text or video messages, provide different levels...
Persistent link: https://www.econbiz.de/10014574320
By enriching a principal-agent model it is shown that the introduction of monetary incentives may reduce an agent?s motivation. In a first step, we allow for the possibility that some agents stick to unverifiable agreements. The larger the fraction of reliable agents, the lower powered will then...
Persistent link: https://www.econbiz.de/10010261572