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Overview of the charging situation for digital contents in Japan: From the viewpoint of compensation for private sound and visual recording
Kato, Naonori; Nogawa, Hiroki; Ueda, Masahi - International Telecommunications Society (ITS) - 2011
concerned with limitations to the rights of the content holder, such as compensation for private sound and visual recording … Management (DRM ). Such compensation permits the holders of the content to collect royalties through a special compensation … arrangement. That is, the designated management associations impose the obligation for compensation on the manufacturers of …
Persistent link: https://www.econbiz.de/10009370690
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Compensating victims of bankrupted financial institutions: a law and economic analysis
Dijkstra, Robert J.; Faure, Michael G. - In: Journal of Financial Regulation and Compliance 19 (2011) May, pp. 156-173
Purpose – The purpose of this paper is to understand the incentive effects of existing compensation mechanisms in case … to predict the effects of compensation mechanisms on the incentives of depositors, financial institutions, financial … regulators and government. Findings – The paper shows that the current compensation system in The Netherlands will not provide …
Persistent link: https://www.econbiz.de/10009391949
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Legality of payment protection insurance compensation arrangements examined on judicial review
Gray, Joanna - In: Journal of Financial Regulation and Compliance 19 (2011) November, pp. 396-406
Purpose – The purpose of this paper is to discuss R (on the application of British Bankers Association) v. Financial Services Authority and another (Queens Bench Division: Administrative Court: Mr Justice Ouseley). Date of Judgment: 20 April 2011. Design/methodology/approach – The paper...
Persistent link: https://www.econbiz.de/10009391958
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Voting for redistribution under desert-sensitive altruism
LUTTENS, R. I.; VALFORT, M.A. - Faculteit Economie en Bedrijfskunde, Universiteit Gent - 2008
We endow individuals that differ in skill levels and tastes for working with altruistic preferences for redistribution in a voting model where a unidimensional redistributive parameter is chosen by majority voting in a direct democracy. When altruistic preferences are desert-sensitive, i.e. when...
Persistent link: https://www.econbiz.de/10009392891
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cost–benefit analysis: philosophical issues
Hansson, Sven Ove - Palgrave Macmillan
Cost–benefit analysis (CBA) gives rise to a whole range of philosophical issues. The most discussed among these is the status of economic values that are assigned to assets conceived as incommensurable with money, such as a human life or the continued existence of an animal species. CBA...
Persistent link: https://www.econbiz.de/10009395629
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Chapter Twenty-Two - Compensation and Responsibilityprotect
Marc, Fleurbaey; François, Maniquet - In: Handbook of Social Choice and Welfare
literature on this problem of compensation. This literature follows the distinction between the ethical principle of compensation … influence over agents’ outcomes of the characteristics that elicit compensation. According to the latter, a good resource … elicit compensation. The principle of responsibility can be interpreted as a libertarian principle of natural reward, or as a …
Persistent link: https://www.econbiz.de/10009318733
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Technical change, unemployment and labor skills
Pavlidou, Nelly-Eleni; Tsaliki, Persefoni V.; … - In: International Journal of Social Economics 38 (2011) July, pp. 595-606
production and labor process. Design/methodology/approach – The “optimistic” approach, which connects the compensation mechanisms …
Persistent link: https://www.econbiz.de/10009319860
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Industrial Structure, Executives' Pay And Myopic Risk Taking
Thanassoulis, John - Department of Economics, Oxford University - 2011
This study outlines a new theory linking industrial structure to optimal employment contracts and value reducing risk taking.  Firms hire their executives using optimal contracts derived within a competitive labour market.  To motivate effort firms must use some variable remuneration.  Such...
Persistent link: https://www.econbiz.de/10009320222
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Pay for Performance from Future Fund Flows: The Case of Private Equity
Chung, Ji-Woong; Sensoy, Berk A.; Stern, Lea H.; … - Institute for Financial Research (SIFR) - 2010
implicit pay for performance in other asset management settings in which future fund flows and compensation depend on current …
Persistent link: https://www.econbiz.de/10008643876
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Adjustment Under a Currency Peg; Estonia, Latvia and Lithuania During the Global Financial Crisis 2008-09
Purfield, Catriona; Rosenberg, Christoph B. - International Monetary Fund (IMF) - 2010
The paper traces the Baltics’ adjustment strategy during the 2008-09 global financial crisis. The abrupt end to the externally-financed domestic demand boom triggered a severe output collapse, bringing per capita income levels back to 2005/06 levels. In response to this shock, the Baltics...
Persistent link: https://www.econbiz.de/10008671289