This paper studies the implications of climatic uncertainty and poverty for resource degradation. In doing so, two partial models are considered. The first model focuses on productive inputs only, while the second model describes the role of soil conservation inputs. Both models are first...

Most studies on the problem of optimal soil conservation have analyzed soil conservation measures as being time-limited in their effect. This paper extends previous analyses of the soil conservation decision by allowing farmers to make investments in soil conservation structures such as...

This work examines the role of penalties as providers of incentives to prevent medical errors and ensure that such incidents, once they occur, become common knowledge. It is shown that a scheme with two penalties (accountability and non-report) is able to induce the first-best solution. However,...

I etterkant av Stortingets vedtak om å bevilge 1 milliard kroner til behandling av pasienter i utlandet (Pasientbroen), inviterte Rikstrygdeverkets prosjektorganisasjon ”Kjøp av Helsetjenester i Utlandet” flere forsknings- og utredningsinstitusjoner til å komme med innspill til...

A good health is important for having a good life. This is supported by surveys on happiness. However, at least after a certain age, the health state deteriorates naturally over time due to ageing. Nevertheless, research reports show that old people in average are satisfied with their health...

This paper analyses optimal contracts in a principal-agent model where the agent is intrinsically motivated at the outset and there is an endogenous relationship between the structure of incentive payments and intrinsic motivation (crowding effects). The analysis shows that crowding effects have...

Individuals often respond with strong emotions to being penalised. Such responses suggest that informal penalties are important and play a role in creating deterrence. In this paper informal penalties are analysed in the context of medical errors. The introduction of informal penalties, if...

This paper studies farmers who operate in a risky environment at a minimum of subsistence. In particular, the author investigates how poverty influences the soil conservation decision in the absence of formal insurance markets. It is shown that the consequences for the optimal soil conservation...