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Advocates of teacher incentive programs argue that they can strengthen weak incentives, while opponents argue they lead … to teaching to the test.' We find evidence that existing teacher incentives in Kenya are indeed weak, with teachers … Kenya with incentives based on students' test scores. Students in program schools had higher test scores, significantly so …
Persistent link: https://www.econbiz.de/10013038473
Individuals involved in basic research, like other workers, respond to incentives. Funding agencies provide implicit … incentives when they specify the rules by which awards are made. The following analysis is an exercise in understanding … incentives at an applied level. Specific rules are examined and analyzed to determine their incentive effects. For example, what …
Persistent link: https://www.econbiz.de/10013227506
. In the presence of career concerns, the optimal compensation contract optimizes total incentives -- the combination of … the implicit incentives from career concerns and the explicit incentives from the compensation contract. Thus, the … explicit incentives from the optimal compensation contract should be strongest when a worker is close to retirement. We find …
Persistent link: https://www.econbiz.de/10013228250
This paper incorporates the sociological concept of group norms' into an economic analysis of pay systems. We use a behavioral microeconomic model and a unique survey of medical groups to examine the theoretical and empirical relationship between group norms and incentive pay. Our findings...
Persistent link: https://www.econbiz.de/10013234345
We study the effect of physician incentives in an HMO network. Physician incentives are controversial because they may … induce doctors to make treatment decisions that differ from those they would chose in the absence of incentives. We set out a … suggestive evidence that financial incentives linked to commonly used quality measures may stimulate an improvement in measured …
Persistent link: https://www.econbiz.de/10013233219
the discussion of incentives, I first summarize theory and evidence related to the classic agency model, which emphasizes … the tradeoff between insurance and incentives. I then offer econometric and case-study evidence suggesting that this …
Persistent link: https://www.econbiz.de/10013217206
In this paper I summarize four new strands in agency theory that help me think about incentives in real organizations … assessments; incentives for skill development rather than simply for effort; and incentive contracts between versus within …
Persistent link: https://www.econbiz.de/10013324001
healthcare. We argue that markets are most advantageous in areas where high-powered incentives are desirable, but in areas where … high-powered incentives stimulate unproductive signalling effort, firms, or even government, may have a comparative … advantage. Firms may be able to weaken incentives and improve efficiency by obscuring information about individual workers …
Persistent link: https://www.econbiz.de/10013324115
While incentive schemes to elicit greater effort in organizations are widespread, the incentive strength-effort mapping is difficult to ascertain in practice, hindering incentive design. We propose a new semi-parametric method for uncovering this relationship in an education context, using...
Persistent link: https://www.econbiz.de/10013002262
The purpose of this paper is to address the role of endogenous default penalties that are contingent upon the intensity of default on the part of the borrowing nation, and to evaluate the effects of contingency plans that make the interest rate dependent upon variables that are correlated with...
Persistent link: https://www.econbiz.de/10012762935