insurance. We employ the Data Envelopment Analysis (DEA) to compute the efficiency of Takaful operators, while Panzar-Rosse (P …-R) H-statistic method is used to evaluate the degree of competition. The findings indicate that the inefficiency in Takaful … insurance. Additionally, the managers are cautioned not to overspend on commissions paid to the agents because this will reduce …

This paper analyzes the impact of labor market competition and skill-biased technical change on the structure of … compensation. The model combines multitasking and screening, embedded into a Hotelling-like framework. Competition for the most … perfect competition, the resulting efficiency loss can be much larger than that imposed by a single firm or principal, who …

Several recent papers argue that contracts provide reference points that affect ex post behavior. We test this … effect of contracts on bargaining threatpoints. We compare situations in which an initial contract is renegotiated to …

development. Tournament-based contracts can be very effective in eliciting high effort, often outperforming other compensation … contracts, but they can also have negative consequences for both managers and workers. The benefits and disadvantages of …

different degrees of contract enforceability and competition. Our main results indicate that business-is-family cultures are … more effective when contracts are unverifiable because they help market participants overcome problems of trust. On the …

deployments of these networks. We define the features of such contracts and the factors such as competition, level of … contracts, taking into account the characteristics of 5G and beyond networks. A mathematical model of a pricing mechanism is … demands from its customers that were served by the local network. Finally, the impact of competition in the retail market …

continue the examination of RFPs, but also survey the details of long term contracts that have emerged from competitive bidding …. Contracts provide a new level of specific detail that has not been previously available. 68 refs., 13 figs., 25 tabs. …

bidding. Competition in awarding cleanup contracts can make use of market incentives to lower project costs and reduce … completion of projects from a cost-plus Management and Operations (M and O) contract, to incentive-based contracts with the … private sector. DOE`s new vision is to arrange cleanup work around incentives-based contracts, which are won via competitive …

, which is the principal agent problem. Regulatory allowance of utilities signing long term fixed price contracts and … replaced by a competitive market process for the construction of new power plants, utility conservation programs and contracts … established to sell gas and energy services, contracts and conservation measures would not require cost-of- service regulation. …