This paper considers a model with a sponsor and several bureaus to analyse the role of sharing rules. Various incentives for budget overspending are identified; among them the overspending of budgets due to soft budget constraints. Four different sharing rules are also considered that differ with...

This paper focuses on how farmers respond with respect to the adoption of soil conservation measures to governmental agricultural policies aiming at supporting smallholders. A simple micro-economic framework was chosen to undertake an analysis of farmer choices among three activities; farming,...

Preferences for prioritizing treatment of rare diseases elicited using trade-off exercises are insensitive to (theoretically relevant) opportunity costs, but sensitive to (theoretically irrelevant) framing effects. </AbstractSection> Copyright Springer International Publishing Switzerland 2013

This paper analyses optimal contracts in a principal-agent model where the agent is intrinsically motivated, and there is an endogenous relationship between the structure of incentive payments and intrinsic motivation (crowding effects). The analysis shows that crowding effects have implications...

This paper studies farmers who operate in a risky environment at a minimum of subsistence. In particular, the author investigates how poverty influences the soil conservation decision in the absence of formal insurance markets. It is shown that the consequences for the optimal soil conservation...