Results 1 to 10 of about 1,217,418 (245)
J. A. LePrince
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The Hidden Costs of Control [PDF]
We analyze the consequences of control on motivation in an experimental principal-agent game, where the principal can control the agent by implementing a minimum performance requirement before the agent chooses a productive activity. Our results show that control entails hidden costs since most agents reduce their performance as a response to the ...
Falk, Armin, Kosfeld, Michael
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The Value of Control and the Costs of Illiquidity [PDF]
ABSTRACTWe develop a search model of block trades that values the illiquidity of controlling stakes. The model considers several dimensions of illiquidity. First, following a liquidity shock, the controlling blockholder is forced to sell, possibly to a less efficient acquirer. Second, this sale may occur at a fire sale price.
Enrique Schroth+3 more
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Distrust - the Hidden Cost of Control [PDF]
We show experimentally that a principal's distrust in the voluntary performance of an agent has a negative impact on the agent's motivation to perform well. Before the agent chooses his performance, the principal in our experiment decides whether he wants to restrict the agents' choice set by implementing a minimum performance level for the agent ...
Falk, Armin, Kosfeld, Michael
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Control Automation to Reduce Costs of Control [PDF]
Much compliance effort concerns adherence to contracts. Parties to a contract need to make sure that the other parties will deliver. To this end they may require additional controls in the business process to monitor delivery and induce contractual penalties when needed. Controls have costs.
Joris Hulstijn, Rob Christiaanse
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Prevention and Cost Control [PDF]
Prevention is the key to cost control and improving the quality of health care in many nations. Most people think of prevention as vaccines and screening tests. But it is tertiary prevention—keeping people with established diseases from becoming worse—that holds the greatest promise for strengthening the health care system. Why?
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Rate-cost tradeoffs in control [PDF]
arXiv admin note: text overlap with arXiv:1612 ...
Victoria Kostina, Babak Hassibi
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Thermodynamic cost of external control [PDF]
Artificial molecular machines are often driven by the periodic variation of an external parameter. This external control exerts work on the system of which a part can be extracted as output if the system runs against an applied load. Usually, the thermodynamic cost of the process that generates the external control is ignored. Here, we derive a refined
Cardoso Barato, A., Seifert, U.
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Costs and Cost-Effectiveness of Plasmodium vivax Control [PDF]
The continued success of efforts to reduce the global malaria burden will require sustained funding for interventions specifically targeting Plasmodium vivax The optimal use of limited financial resources necessitates cost and cost-effectiveness analyses of strategies for diagnosing and treating P. vivax and vector control tools.
White, Michael T.+3 more
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