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provision of incentives. Relative price and income effects are shown to be identifiable and strong. A number of empirically …
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alternatives to punishment exist, such as offering positive incentives or handing out awards for law abiding behavior. These …
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feasible alternatives to punishment exist, such as offering positive incentives or handing out awards for law abiding behavior … to a large extent law abiding, they are more motivated to observe the law. -- crime ; punishment ; incentives …
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The standard principal agent model considers monetary incentives only. It is assumed that money is more efficient than …) - though almost omnipresent - have so far escaped the attention of economists. They present extrinsic, non-monetary incentives … differences between monetary incentives and awards: in general, awards are cheap, lead to interpersonal relationships, are not …
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