Search Results - subject:"Incentive scheme"

Sallstrom, Susanna - Centre for Research into Industry, Enterprise, Finance … - 1999

Brokers face a trade-off between searching for the buyer with the highest willingness to pay and the value of a higher turnover rate. For this reason the agent's interests will not coincide with those of the principal (seller), even if there is no cost of effort and the agent gets a proportional...

Persistent link: https://www.econbiz.de/10005673147

Delay Cost and Incentive Schemes for Multiple Users

Radhakrishnan, Suresh; Balachandran, Kashi R. - In: Management Science 41 (1995) 4, pp. 646-652

This paper examines the role of cost application in the presence of delay and agency costs. Two risk neutral division managers share a common (production) facility and decide on (a) the demand (usage) rates, and (b) productive action. Each division manager causes costly delays at the common...

Persistent link: https://www.econbiz.de/10009191469

Group rewards and individual sanctions in environmental policy

Dijkstra, Bouwe R.; Rübbelke, Dirk T.G. - School of Economics, University of Nottingham

We examine an incentive scheme for a group of agents, where all agents are rewarded if the group meets its target. If … policy, the EU burden sharing agreement and the UK Climate Change Agreements feature this incentive scheme. There is only a … Nottingham 2 Dirk T.G. Rübbelke, Chemnitz University of Technology March 2007 Abstract We examine an incentive scheme …

Persistent link: https://www.econbiz.de/10005607564