countries, we analyse how demand stimulates innovation both by providing economic incentives and by reducing uncertainty … incentives stimulates innovation. This is particularly true for process innovation. Considering interaction with customers as a …

This paper examines how the degree of competition among firms in an industry affects the optimal incentives that firms … intensity of product market competition increases, principals unambiguously provide stronger incentives to their agents to … both firm-level profits and managers' compensation. Consequently, managers' incentives are positively correlated with firm …

There is no robust empirical support for the effect of financial incentives on the decision to work in self …

examines novel intervention strategies that use incentives to discourage risky sexual behaviors. Widely-adopted conditional … not been used in the sexual domain, so we assess how incentives can be used to reduce risky sexual behavior. After … discussing theoretical pathways, we discuss the use of sexual-behavior incentives in the Tanzanian RESPECT trial. There …

firm risk, even in the presence of strong risk taking incentives. Our results are robust to controls for the sensitivity of … CEO wealth to stock price changes, firm risk determinants, the endogenous feedback effects of firm risk on CEO incentives …We investigate the risk choices of risk averse CEOs. Following recent theoretical work, we expect CEO risk aversion to …

Uncertainty has qualitatively different implications than risk in studying executive incentives. We study the interplay …. Investors who face greater uncertainty desire faster learning, and consequently offer higher managerial incentives to induce … higher effort from the manager. In contrast to the standard negative risk-incentive tradeoff, this 'learning-by-doing' effect …