finds that higher wages are associated with lower monitoring, irrespective of whether these high wages are caused by labour …, monitoring is a type of ‘rent-seeking’ activity and the decentralized equilibrium spends excessive resources on monitoring …. Labour market regulations that reduce monitoring by pushing wages up may increase net output or reduce it only by a small …

This Paper shows that over monitoring a partner in the initial phase of a relationship may not be optimal if the goal … monitoring too much we lose the opportunity to learn how the partner will behave when not monitored. Only by allowing the partner …

information, either about productive activity or monitoring activity, two incentive problems must be simultaneously solved: first …

, remain open questions. This paper presents a randomized field experiment on increasing community-based monitoring. As … suggest that community monitoring can play an important role in improving service delivery when traditional top …

performance. Informed investors affect prices indirectly, and in opposite directions: their monitoring activity tends to raise …

This Paper considers why a manager would choose to submit himself to the discipline of bank monitoring. This issue is … is optimally compensated by shareholders. Within this setting, we find that managers will submit to monitoring when they … a favourable view of financing choices that increase monitoring. …

liquidity cycles. Monitoring decisions by market-makers and market-takers are self-reinforcing, generating multiple equilibria …