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Cultural entrepreneurship involves a conception, an initial launch, and a transition to an established event. Each stage generates “wicked” coordination and financial challenges. We explore this important process by examining the history of the Banff Television Festival, an annual event...
Persistent link: https://www.econbiz.de/10005673713
This paper analyzes the interplay between social norms and economic incentives in the context of work decision in the …
Persistent link: https://www.econbiz.de/10005780383
This paper deals with economic incentives and welfare-state arrangements in OECD countries. This paper emphasises what … interplay between incentives and social norms among individuals, including endogenous changes in these norms. …
Persistent link: https://www.econbiz.de/10005780386
This paper studies the design of financial agreements (claims, tightness of relationships) between entrepreneurs and investors, in the case where both must exert costly unobservable efforts to improve the profitability of the firm.
Persistent link: https://www.econbiz.de/10005780440
activity. From a dynamic incentives perspective, therefore, efficiency is endogenous. In addition, the efficiency of the firm …
Persistent link: https://www.econbiz.de/10005781250
organizational design and incentives in the presence of asymmetric information and limited commitments. …
Persistent link: https://www.econbiz.de/10005783560
not depended on costs, despite such an arrangement creating distorted incentives for the chain. Why? One possible answer … would create incentives for a chain to interfere with franchisee actions, thus undermining innovative behaviour and reducing …
Persistent link: https://www.econbiz.de/10005783775
Modern theoretical principles to govern the design of incentive regulation mechanisms are reviewed and discussed. General issues associated with applying these principles in practice are identified. Examples of the actual application of incentive r egulation mechanisms to the regulation of...
Persistent link: https://www.econbiz.de/10005783850
A minimum performance insurance in the Principal-Agent problem is wealth reducing to the principal. This result points to further inefficiencies in mandatory individual Pension Funds' contracts, particularly the one established in the 1993's 100th Law in Colombia.
Persistent link: https://www.econbiz.de/10005783877
with managers from companies with different incentives, work habits, and recruiting methods. In this paper, we investigate …, which occur in both compensation incentives and team composition. The results of a real task experiment conducted with … managers within a large pharmaceutical company not only show that changes in compensation incentives affect performance, but …
Persistent link: https://www.econbiz.de/10005785104