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We study, experimentally, how two alternative incentive mechanisms affect team performance, and how a team chooses between alternative mechanisms. We study a group incentive mechanism, where team output is shared equally among team members, and a hierarchical mechanism team output is allocated...
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and thus managing the course of disease. In this context, the role of medical gate-keepers and case managers may provide … gatekeepers and case managers are in the main focus of the paper. Different health care payment systems and the impact of … financial and non-financial incentives on case managers and gate-keepers in medical networks are analyzed. Another focus is laid …
Persistent link: https://www.econbiz.de/10010443173
distribution - mean and volatility - along an efficient frontier. Assuming that managers differ with respect to their marginal cost … of effort and their risk aversion we explore our model's comparative statics predictions in full detail. If managers … profits, and incentives is the natural outcome. Allowing in addition for adverse selection with respect to the managers …
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Using German establishment data, we show that the relationship between intensity of performance pay and intensity of applicant screening depends on the nature of production. In establishments with increased multitasking, performance pay is positively associated with applicant screening. By...
Persistent link: https://www.econbiz.de/10012111779
How do wage and other financial benefits affect the set of candidates for political office? In this theoretical paper, we answer the question by studying self-selection into politics of individuals with heterogeneous skills and heterogeneous motivations. Our predictions are in line with the...
Persistent link: https://www.econbiz.de/10011730987