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Voluntary Cleanups and Redevelopment Potential: Lessons from Baltimore, Maryland

Alberini, Anna; Guignet, Dennis - Fondazione ENI Enrico Mattei (FEEM) - 2008

Policy has increasingly shifted towards economic incentives and liability attenuation for promoting cleanup and …

Persistent link: https://www.econbiz.de/10005230938

Englmaier, Florian; Wambach, Achim - Royal Economic Society - RES - 2003

Inequity aversion is a special form of other regarding preferences and captures many features of reciprocal behavior, an apparently robust pattern in human nature. Using this concept we analyze the Moral Hazard problem and derive several results which differ from conventional contract theory....

Persistent link: https://www.econbiz.de/10005232502

Pay and Performance in Professional Road Racing: The Case of City Marathons

Frick, Bernd; Prinz, Joachim - In: International Journal of Sport Finance 2 (2007) 1, pp. 25-35

In a world of asymmetric information and non-trivial monitoring costs, the design and implementation of a compensation and reward system that maximizes the individual athlete’s performance is one of the critical variables affecting the reputation of a specific sports event. Assuming that the...

Persistent link: https://www.econbiz.de/10005232596

How Institutional Incentives and Constraints Affect the Progress of Science

Diamond, Arthur - In: Prometheus 26 (2008) 3, pp. 231-239

by the incentives and constraints that scientific institutions create. This paper aims to answer two objections to the … the incentives and constraints provided by scientific institutions. I also discuss the implications of path dependence for …

Persistent link: https://www.econbiz.de/10005467868

Impact of Beef Quality on Market Signals Transmitted by Grid Pricing

Johnson, Heather C.; Ward, Clement E. - In: Journal of Agricultural and Applied Economics 38 (2006) 01

Value-based marketing is shaping cattle production; however, market signals differ dramatically depending on carcass quality. This study applies a two-stage coefficients of separate determination procedure to four regional fed cattle datasets sorted by grid value and by carcass quality...

Persistent link: https://www.econbiz.de/10005469161

Bankruptcy law and financial structure: The impact of managerial incentives

Wohlschlegel, Ansgar - In: The European Journal of Finance 12 (2006) 4, pp. 333-345

Providing the manager of a firm with suitable incentives to act in the investors' interest may be socially efficient …

Persistent link: https://www.econbiz.de/10005471989

The Efficacy of TRIPS: Incentives, Capacity and Threats

Kerr, William A. - In: Estey Centre Journal of International Law and Trade Policy 04 (2003) 1

organization. Incentives and threats are examined in the context of the TRIPS. It is concluded that developing countries have no … direct incentives to protect intellectual property, that the threat of trade actions is unlikely to induce compliance and … that the use of indirect incentives is discredited and will fail to achieve its objective over the long run. Successful …

Persistent link: https://www.econbiz.de/10005477203

Rational Inefficiencies

Bogetoft, Peter; Hougaard, Jens Leth - Institut for Fødevare- og Ressourceøkonomi, … - 2001

In this paper, we suggest that inefficiency may be an indirect, on-the-job compensation to agents in an organization. We show how to use actual production data to reveal the trade-offs between different inefficiencies (slacks). Moreover, we discuss how to use this to improve productivity...

Persistent link: https://www.econbiz.de/10005477250

SHARECROPPING

STIGLITZ, J.E. - Woodrow Wilson School of Public and International … - 1988

Persistent link: https://www.econbiz.de/10005478760

Fairness and Incentives in a Multi-Task Principle-Agent Model

Fehr, Ernst; Schmidt, Klaus M. - C.E.P.R. Discussion Papers - 2004

This Paper reports on a two-task principal-agent experiment in which only one task is contractible. The principal can either offer a piece-rate contract or a (voluntary) bonus to the agent. Bonus contracts strongly outperform piece rate contracts. Many principals reward high efforts on both...

Persistent link: https://www.econbiz.de/10005114195