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The solution to the problem of over-fishing offered by catch-effort models is a reduction in capital invested. Fishery policy, both European and Italian, is constructed entirely on the basis of this idea. Applying the same theoretical apparatus, we show that fiscal policies can be used in order...
Persistent link: https://www.econbiz.de/10008464894
In this paper we present a model of the interplay between learning, incentives and the allocation of decision rights in … organizational policies by means of appropriate incentives or by means of appropriate design of the allocation of decisions, when the … appropriate and wants to learn it from the environment, organizational structure and incentives interact in non-trivial ways and …
Persistent link: https://www.econbiz.de/10008465075
We study the problem of an investor that buys an equity stake in an entrepreneurial venture, under the assumption that the former cannot monitor the latter’s operations. The dynamics implied by the optimal incentive scheme is rich and quite different from that induced by other models of...
Persistent link: https://www.econbiz.de/10008465540
2000, to create incentives for Australians to purchase private health insurance. These policies include an increased …, while the relatively less well-off continue to drop PHI in spite of current policy incentives. …
Persistent link: https://www.econbiz.de/10008465837
) Do incentives increase belief accuracy? 2) Are there interaction effects of beliefs and decisions? We investigate these … beliefs are incentivized. The relationship between contributions and beliefs is slightly steeper under incentives. However, we …
Persistent link: https://www.econbiz.de/10008465868
, the model offers an explanation for motivational crowding out: Control systems and pecuniary incentives may erode morale …
Persistent link: https://www.econbiz.de/10005662241
We provide evidence on the match between firms, managers and incentives using a new survey designed for this purpose … implicit incentives they face and on the firms they work for. We model a market for managerial talent where both firms and …
Persistent link: https://www.econbiz.de/10005662350
, and local development objectives of technology license offices. Royalty incentives work both by raising faculty effort and … sorting scientists across universities. The effect of incentives works primarily by increasing the quality (value) rather than …
Persistent link: https://www.econbiz.de/10005662368
leads to weaker incentives for effort, compared with non-integration. Our theory makes minimal assumptions about the … division managers. The division managers' job is to create profitable investment projects. Giving the managers incentives to do …' incentives. The resulting tradeoff between a better use of resources and diminished incentives for effort determines whether …
Persistent link: https://www.econbiz.de/10005666612
There has been little empirical work evaluating the sensitivity of fertility to financial incentives at the household … representation of the French tax-benefit system. Our results suggest that financial incentives play a notable role in determining …
Persistent link: https://www.econbiz.de/10005666789