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Whereas economists have made extensive studies of the impact of levels of incentives on behavior, they have paid little … attention to the effects of regularity and frequency of incentives. We contrasted three ways of rewarding participants in a real …
Persistent link: https://www.econbiz.de/10008611511
We analyse the duration of unemployment spells in Poland using data from the Polish Labour Force Survey of August 1994. The effects on the duration of unemployment of important socio-economic and demographic characteristics are explored besides the impacts of the unemployment benefit system and...
Persistent link: https://www.econbiz.de/10008615604
that induces better outcomes through creating correct incentives for market participants is the key to reform. A …
Persistent link: https://www.econbiz.de/10008616896
Internet experiments are a new and convenient way for reaching a large subject pool. Yet, providing incentives to … games). We test whether a high score provides adequate and non-distortionary incentives by comparing it to the usual … performance based incentives. We find significant differences and conclude that high scores are not always appropriate as an …
Persistent link: https://www.econbiz.de/10008620358
The econometric consensus on the effects of social spending confirms a puzzle we confront in the raw data: There is no clear net GDP cost of high tax-based social spending on GDP, despite a tradition of assuming that such costs are large. This paper offers five keys to this free lunch puzzle....
Persistent link: https://www.econbiz.de/10008620419
There is a trend among institutional investors to split their assets between index-managers and specialists. The specialist mandates are typically delegated to specialist asset managers, who are assumed to generate "alpha", take on large risks and whose remuneration is performance based. In this...
Persistent link: https://www.econbiz.de/10008623523
first show that simple fee-for-service reimbursement schemes do not provide proper incentives. If insurers use, however, fee …
Persistent link: https://www.econbiz.de/10008570654
Persistent link: https://www.econbiz.de/10008578013
We analyze the effect of investments in corporate social responsibility (CSR) on workers' motivation. In our experiment, a gift exchange game variant, CSR is captured by donating a certain share of profits to a charity. We are testing for CSR effects by varying the possible share of profits...
Persistent link: https://www.econbiz.de/10009144129
Money managers behave strategically when competing for fund flows within relatively small groups. We study strategic interaction between two risk-averse managers in continuous time, characterizing analytically their unique equilibrium dynamic investments. Driven by chasing and contrarian...
Persistent link: https://www.econbiz.de/10009144728