Results 1 to 10 of about 9,763 (162)

Government Incentive Contracts for Microgrid Users

open access: yesEnergies, 2021
Tariff subsidies are beneficial to the further development of the microgrid market. In response to the reduction of the power generation costs of microgrids, the energy storage subsidy for microgrids has become a key factor affecting their further ...
Yu GUANYI
exaly   +3 more sources

Incentive Contracts for a Queueing System with a Strategic Server: A Principal-Agent Perspective

open access: yesAxioms, 2023
Queueing systems with strategic servers are common in the service industry. The self-interested service rate decision of the strategic server will be detrimental to the queueing system.
Tu Jun
exaly   +3 more sources

Blockchain-enhanced incentive-compatible mechanisms for multi-agent reinforcement learning systems [PDF]

open access: yesScientific Reports
Ensuring trust, fairness, and long-term efficiency in multi-agent systems poses significant challenges, particularly under partially competitive and decentralized settings where strategic manipulation and collusion can arise.
Ke Tian
doaj   +2 more sources

Evaluating the Effectiveness of Standardized Sales Incentive Contracts Under Agent Heterogeneity

open access: yesMathematics
Salespeople, as the core executors of product distribution, form a classical principal–agent relationship with the firm. A substantial body of academic research has focused on how firms can develop optimal sales incentive contracts in various scenarios ...
Duan Housheng
exaly   +3 more sources

Investigating Rewards and Deposit Contract Financial Incentives for Physical Activity Behavior Change Using a Smartphone App: Randomized Controlled Trial

open access: yesJournal of Medical Internet Research, 2022
BackgroundFinancial incentive interventions for improving physical activity have proven to be effective but costly. Deposit contracts (in which participants pledge their own money) could be an affordable alternative.
David R de Buisonjé   +11 more
doaj   +1 more source

The Dynamics of Incentive Contracts [PDF]

open access: yesEconometrica, 1988
The paper studies a simple two-period principal/agent model in which the principal updates the incentive scheme after observing the agent's first- period performance. The agent has superior information about his ability. The principal offers a first period incentive scheme and observes some measure of the agent's first-period performance (cost or ...
Laffont, Jean-Jacques, Tirole, Jean
openaire   +5 more sources

Auctioning Incentive Contracts [PDF]

open access: yesJournal of Political Economy, 1987
This paper draws a remarkably simple bridge between auction theory and incentive theory. It considers the auctioning of an indivisible project among several fi rms. The firms have private information about their future cost at th e bidding stage, and the selected firm ex post invests in cost reduct ion. The authors show that (1) the optimal auction can
Laffont, Jean-Jacques, Tirole, Jean
openaire   +2 more sources

Contracts, Fairness, and Incentives [PDF]

open access: yesSSRN Electronic Journal, 2004
We show experimentally that fairness concerns may have a decisive impact on both the actual and the optimal choice of contracts in a moral hazard context. Explicit incentive contracts that are optimal according to self-interest theory become inferior when some agents value fairness.
Fehr, Ernst   +2 more
openaire   +4 more sources

Incentive mechanism for performance-based payment of infrastructure PPP projects: coupling of reputation and ratchet effects

open access: yesInternational Journal of Strategic Property Management, 2022
The performance-based payment PPP model has been widely used in the infrastructure projects. However, the ratchet effect derived from performance-based reputation incentives has been largely overlooked.
Huimin Li   +5 more
doaj   +3 more sources

A pilot randomized trial of incentive strategies to promote HIV retesting in rural Uganda.

open access: yesPLoS ONE, 2020
BackgroundRetesting for HIV is critical to identifying newly-infected persons and reinforcing prevention efforts among at-risk adults. Incentives can increase one-time HIV testing, but their role in promoting retesting is unknown.
Gabriel Chamie   +7 more
doaj   +1 more source

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