Results 31 to 40 of about 801,009 (200)
Public transit subsidization often suffers from a double (or bilateral) moral hazard problem, where both regulators and operators may reduce their efforts due to information asymmetry, thereby compromising service quality despite significant public ...
Xuli Wen, Xin Chen, Yue Fei
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Adequate policies or incentives are needed to support investment in renewable energy industries. However, renewable power plant operators in South Korea may face the risk of finding it difficult to recoup their capital cost in the absence of a peak ...
Woong Ko, Mun-Kyeom Kim
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Off-peak truck deliveries at container terminals: the 'Good Night' program in Israel [PDF]
Purpose – Avoiding truck congestion and peaks in landside activity is one of the challenges to container terminal managers. The spreading of truck arrivals at terminals can be facilitated by widening the opening hours of terminals at the landside. Israel’
Bentolila, David +3 more
core +1 more source
Designing incentives in organizations [PDF]
Abstract:The design of incentive systems is a central issue in the economics of organization. This paper argues that very often the ideal incentive systems to use within firms will involve low-powered incentives. Five particular circumstances leading to weak incentives being optimal are examined.
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Accounting for uncontrollable factors in executive incentive scheme designs
Orientation: Classic agency theory posits that the impact of uncontrollable factors should be excluded from executive remuneration. Existing research, however, shows a departure from this theory.
Dumisani V. Dhliwayo, Mark H.R. Bussin
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Incentive Design With Spillovers
A principal uses payments conditioned on stochastic outcomes of a team project to elicit costly effort from the team members. We develop a multi-agent generalization of a classic first-order approach to contract optimization by leveraging methods from network games. The main results characterize the optimal allocation of incentive pay across agents and
Krishna Dasaratha +2 more
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Incentive Mechanisms and Corporate Overseas Compliance Behavior: An Analysis Based on Behavioral Economics Perspective [PDF]
In the context of globalization, corporate overseas business activities are flourishing. Companies expand their international markets through exports, establishing overseas branches, and mergers and acquisitions.
Wu Zesheng
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The online healthcare community (OHC) has attained rapid development in recent years in which users are facilitated to exchange disease information and seek medical treatment.
Mingxing Shao, Xinjie Zhao, Yafang Li
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Single-Stage Causal Incentive Design via Optimal Interventions
We introduce Causal Incentive Design (CID), a framework that applies causal inference to canonical single-stage principal–agent problems (PAPs) characterized by bilateral private information.
Sebastián Bejos +3 more
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ANNUITIZATION BEHAVIOR: TAX INCENTIVES VS. PRODUCT DESIGN [PDF]
AbstractWe analyze and compare the impact of tax incentives and of introducing enhanced annuities on annuitization behavior considering heterogeneity among the insured. We find that tax incentives for annuitization result in a significant increase of the portion of people who should annuitize and also an increase of the insurer's profit since less ...
Kling, Alexander +2 more
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