Commitment in monetary policy leads to equilibria that are superior to those from optimal discretionary policies. A … number of interest rate reaction functions and instrument rules have been proposed to implement or approxmiate commitment …

as factors affecting commitment to the hospital and profession, job satisfaction, retention in the organization, and … and physical health problems were reported. Further, these problems affected the nurses' job satisfaction, commitment, and …

The objectives of this paper are: first, to quantify the stabilization welfare gains from commitment; second, to … examine how commitment to an optimal rule can be sustained as an equilibrium and third, to find a simple interest rate rule … that closely approximates the optimal commitment one. We utilize an influential empirical micro-founded DSGE model, the …

We determine optimal monetary policy under commitment in a forwardlooking New Keynesian model when nominal interest …

The paper proves that in two-player logit form symmetric contests with concave success function, commitment to a … provides a contest-like game in which commitment does not increase a player's payoff for any number of players. …

-oriented logic of exit and the series-oriented logic of commitment, loyalty, and voice. Economics focuses almost exclusively on the … alternative commitment-oriented logic of institutional design. The large Japanese-style firm is a major example of the commitment … lethal than vigorous. In the East Asian crisis, highly leveraged firms from a commitment-oriented system of relational …

highly effective and spillovers are near-complete. Without commitment, however, subsidization may yield welfare levels much … lower than cooperation and lower even than free trade, though qualifications to the dangers from no commitment are noted. …