This paper reports two experiments involving an ultimatum game, conducted in Japan. There were two treatments in our experiments. One was called a cash session and the other was called a point session. The cash session means introducing cash into the ultimatum game. In other words, in a cash...

We examine the influence of different compensation schemes on exertion of effort for differentiated tasks. The first type of task is assumed to be boring and has no intrinsic motivation, while the second is assumed to be interesting, and has a higher intrinsic motivation. The results are as...

Previous investigations on performance-related pay have mainly analyzed its relationships with earnings, productivity, and job satisfaction. Less attention has been devoted to the investigations of individuals’ preferences for the performance-related payment system per se and consequently the...

This paper aims to examine the factors which affect the market shares of several nonprofit and for-profit providers in the long-term care insurance system. We focus on the impact of market size and growth, demand heterogeneity and philanthropic activities, using a prefectural panel data set. The...

The authors deal with a certain type of timing problem with the central government's allocation of subsidies to local governments, called a ``soft budget constraint (SBC) problem.'''' In fiscal science, it has been indicated that the interregional redistribution policy of the central government...

The authors deal with a certain type of timing problem with the central government's allocation of subsidies to local governments, called a ``soft budget constraint (SBC) problem.'''' In fiscal science, it has been indicated that the interregional redistribution policy of the central government...