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A main prediction of agency theory is the well known risk-incentive trade-off. Incentive contracts should be found in environments with little uncertainty and for agents with low degrees of risk aversion. There is an ongoing debate in the literature about the first trade-off. Due to lack of...
Persistent link: https://www.econbiz.de/10010365868
In this paper I examine the incentives of regions to unite, to separate and to provide public goods. Separation allows … excessive incentives for public good provision as well as excessive incentives for separation. …
Persistent link: https://www.econbiz.de/10010365871
of economic incentives on work absence behavior. We observe work absence for each day during 1990 and 1991 for each …
Persistent link: https://www.econbiz.de/10011573006
This paper provides a review of the recent literature on how incentives in unemployment insurance (UI) can be improved …
Persistent link: https://www.econbiz.de/10011575185
This volume was prepared by Susanne Link during her stay at the Ludwig-Maximilians-University of Munich and the Department of Human Capital and Innovation of the Ifo Institute of Economic Research. It was accepted as a doctoral thesis by the Economics Departure of the University of Munich in...
Persistent link: https://www.econbiz.de/10011744092
Persistent link: https://www.econbiz.de/10013543562
cooperative effort to control GHG emissions can provide adequate incentives for the US to move back to the Kyoto process and … assesses the participation incentives for the major world countries and regions in these three regimes. …
Persistent link: https://www.econbiz.de/10011592976
This paper analyses whether different emissions trading regimes provide different incentives to participate in a … designing the emission trading regime, it is possible to enhance the incentives to participate in a climate agreement. Therefore …
Persistent link: https://www.econbiz.de/10011593001
, where free-riding incentives are strong. Is a minimum participation rule a way to offset these free-riding incentives? Why …
Persistent link: https://www.econbiz.de/10011593523
relationship between the incentives to defect from a coalition, the size of the resulting equilibrium coalition structure, and the …
Persistent link: https://www.econbiz.de/10011596053