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Persistent link: https://www.econbiz.de/10011899925
We investigate the degree of leeway donors of foreign aid should grant to recipient governments when their preferences over how to implement the aid are different, and both the donor and recipient possess some private information about the most effective policies. Intuitively, our model shows...
Persistent link: https://www.econbiz.de/10012965388
This note reconsiders communication between an informed expert and an uninformed decision maker with a strategic … mediator in a discrete Crawford and Sobel (1982) setting. We show that a strategic mediator may improve communication even when … he is biased into the same direction as the expert. The mediator improves communication, however, only if some …
Persistent link: https://www.econbiz.de/10014183132
This paper experimentally investigates the impact of different pay and relative performance information policies on employee effort. We explore three information policies: No feedback about relative performance, feedback given halfway through the production period, and continuously updated...
Persistent link: https://www.econbiz.de/10014218453
’ consists of unverifiable information and the quality of communication depends on the conflict of interests between the …
Persistent link: https://www.econbiz.de/10014153753
example of a "delegation-scheme." Conversely, project aid represents a more "centralized" type of aid. According to the theory …
Persistent link: https://www.econbiz.de/10014149197
the communication. Any successful contract requires the intermediary to share the risk of loss with the buyer. A seller …
Persistent link: https://www.econbiz.de/10014350700
Persistent link: https://www.econbiz.de/10014229526
Although the review of agency regulations by the White House Office of Information and Regulatory Affairs (OIRA) has been a fundamental aspect of the rulemaking process for three decades, there is little empirical evidence regarding the operation and effects of regulatory review. In this...
Persistent link: https://www.econbiz.de/10013111773
This paper experimentally investigates the impact of different pay and relative performance information policies on employee effort. We explore three information policies: No feedback about relative performance, feedback given halfway through the production period, and continuously updated...
Persistent link: https://www.econbiz.de/10013325263