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Several European countries have reformed their labor market institutions. Incentive effects of unemployment benefits have been an important aspect of these reforms. We analyze this issue in a principal-agent model, focusing on unemployment levels and labor productivity. In our model, a higher...
Persistent link: https://www.econbiz.de/10009697870
Several European countries have reformed their labor market institutions. Incentive effects of unemployment benefits have been an important aspect of these reforms. We analyze this issue in a principal-agent model, focusing on unemployment levels and labor productivity. In our model, a higher...
Persistent link: https://www.econbiz.de/10003784365
Several European countries have reformed their labor market institutions. Incentive effects of unemployment benefits have been an important aspect of these reforms. We analyze this issue in a principal-agent model, focusing on unemployment levels and labor productivity. In our model, a higher...
Persistent link: https://www.econbiz.de/10003850266
Several European countries have reformed their labor market institutions. Incentive effects of unemployment benefits have been an important aspect of these reforms. We analyze this issue in a principal-agent model, focusing on unemployment levels and labor productivity. In our model, a higher...
Persistent link: https://www.econbiz.de/10012718896
Several European countries have reformed their labor market institutions. Incentive effects of unemployment benefits have been an important aspect of these reforms. We analyze this issue in a principal-agent model, focusing on unemployment levels and labor productivity. In our model, a higher...
Persistent link: https://www.econbiz.de/10013316365
Die Dissertation enthält drei Aufsätze, welche sich mit Prinzipal-Agenten Beziehungen in Verbindung mit moralischem Risiko beschäftigen. Dabei ist der Agent für die Ausführung von multiplen Aufgaben (Multitasking) verantwortlich. In dem ersten Aufsatz wird ein Prinzipal-Agenten Modell...
Persistent link: https://www.econbiz.de/10009467044
We consider the cost of providing incentives through tournaments when workers are inequity averse and performance evaluation is costly. The principal never benefits from empathy between the workers, but he may benefit from their propensity for envy depending on the costs of assessing...
Persistent link: https://www.econbiz.de/10005100711
We compare the wage costs of providing incentives through group versus individual bonus schemes. When workers are envious, either scheme may be the least cost one owing to the trade-off between the dissatisfaction with the prospect of unequal pay and the incentives it generates Nous comparons...
Persistent link: https://www.econbiz.de/10005100898
We consider the cost of providing incentives through tournaments when workers are inequity averse and performance evaluation is costly. The principal never benefits from empathy between the workers, by he may benefit from their propensity for envy depending on the costs of assessing performance....
Persistent link: https://www.econbiz.de/10005696268
Persistent link: https://www.econbiz.de/10001606617