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the principal can neither observe agents’ commitment to the job nor their intrinsic motivation. A steep wage …
Persistent link: https://www.econbiz.de/10010326509
other ways to strengthen media competition – such as increased polarization and prevention of collusion – critically depends … on whether media have commitment power; if not, they can worsen information transmission and voter welfare. …
Persistent link: https://www.econbiz.de/10012114801
and the firm can base its incentive payments on good information. Competition, however, may allow themarket and explicit …
Persistent link: https://www.econbiz.de/10010325071
-scrutinizing aspect of the self and related concept of commitment, and compares this conception to the co1lective intentionality-based one … with recent standard economics' explanation of social identity in terms of conformity. Sen's concept of commitment is …
Persistent link: https://www.econbiz.de/10010325342
theory bundling should not make a difference here. In sum, bundling works as a commitment device that enables the transfer of …
Persistent link: https://www.econbiz.de/10010326151
commitment. We study policymakers' incentives to commit. A policymaker decides on a policy to encourage citizens to make … redistributive concerns to the trade-off between commitment and flexibility. When a majority of citizens invest, redistributive … time-inconsistency problem. Then, the policymaker either commits too strongly or refrains from commitment altogether. …
Persistent link: https://www.econbiz.de/10014469588