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We address the scheduling problem of reordering an existing queue into its efficient order through trade. To that end, we consider individually rational and balanced budget direct and indirect mechanisms. We show that this class of mechanisms allows us to form efficient queues provided that...
Persistent link: https://www.econbiz.de/10005001502
We analyse incentive problems in collective production environments where contributors are compensated according to their observed and ranked efforts. This provides incentives to the contributors to choose first best efforts.
Persistent link: https://www.econbiz.de/10005739657
We address the scheduling problem of reordering an existing queue into its efficient order through trade. To that end, we consider individually rational and balanced budget direct and indirect mechanisms. We show that this class of mechanisms allows us to form efficient queues provided that...
Persistent link: https://www.econbiz.de/10005785825
Persistent link: https://www.econbiz.de/10008486630
We analyze incentive problems in team and partnership structures where the only available information to condition a contract on is a partial and noisy ranking which specifies who comes first in efforts among the competing partners. This enables us to ensure both first-best efficient effort...
Persistent link: https://www.econbiz.de/10005295580
Persistent link: https://www.econbiz.de/10008167128
Persistent link: https://www.econbiz.de/10008412483
Persistent link: https://www.econbiz.de/10003809545
We analyse incentive problems in team and partnership structures where the only available information to condition a contract on is some noisy ranking of the partners' efforts. This enables us to ensure both first best efficient effort levels for all partners and the redistribution of output...
Persistent link: https://www.econbiz.de/10012720673
Persistent link: https://www.econbiz.de/10001615856