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The central hypothesis of this article is that liability regulation can foster firms' incentives to study the …
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interaction. We compare the impact of different forms of monetary incentives with non-monetary incentives provided through direct … support to reduce the sales agents' effort costs. We develop a conceptual formal model hypothesizing that incentives for … intermediaries, (iii) intermediaries with weaker monetary incentives prior to the intervention, and (iv) products where the firm has …
Persistent link: https://www.econbiz.de/10014525233
We use an agency model to address the benefits and costs of transparency in a hierarchical organization in which the principal employs a manager entrusted with contracting authority and several workers, all under conditions of moral hazard. We define the principal's transparency choices as a...
Persistent link: https://www.econbiz.de/10014520026
: monitoring, targets and incentives. However, it is an open question whether the functioning of these practices depends on …
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The Russian Federation played a crucial role in the ratification of the Kyoto Protocol. Indeed, after the US decision not to comply with the treaty, its ratification turned out to be indispensable for the Protocol to become legally binding. In early 2002, the Russian government decided to...
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This paper investigates the use of self-funded commitment contracts to support individuals in achieving their goals of increased physical activity. We compare the effect of soft (non-incentivised) commitment contracts with hard (incentivised) contracts using a randomised experiment with 1629...
Persistent link: https://www.econbiz.de/10014259072