incentives and accordingly is not in the principal’s interest. In this paper I compare two different designs of a collective …

By enriching a principal-agent model it is shown that the introduction of monetary incentives may reduce an agent … convictions of others, high powered incentives signal that not sticking to agreements is a widespread behavior and may lead to …

ex-post inefficient, it provides entrepreneurs with high-powered incentives ex ante. We show that two types of equilibria …

incentives. Using detailed information on code contributions and project membership, we classify developers into distinct groups …

here empirically the link between fertility and financial incentives by estimating and simulating a joint structural model … of participation and fertility on a sample of French women. Our results suggest that fertility responds to incentives in … a non-negligible way. The results, however, also have some puzzling features: financial incentives appear to have much …

of per capita consumption that would be necessary if the first strategy was adopted would undermine the incentives for …