Download or read book Five essays on incentives in procurrent contracting written by Steinar Vagstad and published by . This book was released on 1994 with total page 178 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Production Performance and Payment written by Nadja Vanessa Kairies-Schwarz and published by . This book was released on 2013 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Essays on Contract Design and Incentive Provision written by Eva I. Hoppe-Fischer and published by Springer. This book was released on 2019-02-19 with total page 211 pages. Available in PDF, EPUB and Kindle. Book excerpt: Contract theory, which emphasizes the importance of unverifiable actions and private information, has been a highly active field of research in microeconomics in the last decades. This thesis is divided into two parts. Part I consists of three chapters that study contract-theoretic models which are motivated by the classic procurement problem of a principal who wants an agent to deliver a certain good or service. In such models it is typically assumed that decision makers are interested in their own monetary payoffs only. Moreover, they have unlimited cognitive abilities and behave in a perfectly rational way. Yet, in practice people often do not behave this way. While empirical research is very difficult in contract theory, laboratory experiments have recently turned out to be an important source of data. In Part II, three experimental studies are presented that investigate contract-theoretic problems brought up in Part I.

Download or read book Incentives In Procurement Contracting written by Jim Leitzel and published by Routledge. This book was released on 2019-08-19 with total page 225 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume presents a nontechnical treatment of issues that arise in procurement contracting, with an emphasis on major weapons systems procurement. Employing the economic theory of agency as their analytical framework, contributors assess the incentives that arise, for both buyers and sellers, in different contractual settings. Procurement contra

Download or read book Essays on Contract Design and Incentive Provision written by Eva I. Hoppe and published by . This book was released on 2011 with total page 211 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Essays on the Theory of Incentives written by Shane B. Evans and published by . This book was released on 2010 with total page 266 pages. Available in PDF, EPUB and Kindle. Book excerpt: This thesis explores models of procurement, franchising and innovation through the lens of the theory of incentives. Chapter 2 examines the influence of type-dependent reservation utility on the optimality of linear contracts in a Principal-Agent model of procurement. Type-dependency of reservation utility, combined with the requirements of individual rationality and incentive compatibility in the principal's contracts induces a countervailing incentive effect, the strength of which depends on an index of quality or degree of competition that the agent would face in a private market. The results show how the curvature of the reservation utility dictates whether the optimal contracts can be implemented with a menu of linear contracts, and how the magnitude of the private market index influences the net-transfer rule.

Download or read book Incentives in Procurement Contracting written by Taylor & Francis Group and published by . This book was released on 2021-02-19 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Firms Markets and Contracts written by Ekkehart Schlicht and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: Modern institutional economics witnesses a merging of formal and informal strands of theorizing. This development has offered new and vigorous perspectives which avoid both arbitrariness and theoretical sterility. The essays on contract theory gathered here exemplify this development. They propone new results on central issues in contractual theorizing. The theory of the firm in its variegated aspects forms, naturally, the core of the present set of contributions. Issues of ownership, integration, delegation, and finan ce are analyzed. Some contributions use the theoretical approach of contract theory to explore other issues, like medical care, public good problems, the economics of crime, environmental economics, and international trade. The contributors are leading young economists. They have participated in one or se veral classes of the 'International Summer School on the New Institutional Economics' which has been organized by Rudolf Richter in the years 1988 through 1994 and is now continued by Urs Schweizer. The theoretical style of these contributions has been influ enced by this experience. This collection of essays is intended to express the thanks of the contributors to Rudolf Richter. His initiatives for scholarly instruction and for inter national exchange of ideas have helped to create and to diffuse the understanding of and the engagement for the new institutional economics in Europe.

Download or read book Essays in Empirical Contracting and Development written by Amrita Bihari Ahuja and published by . This book was released on 2009 with total page 380 pages. Available in PDF, EPUB and Kindle. Book excerpt: This dissertation's first essay explores the design and effects of incentive contracts in contexts with multiple products and multiple parties. Using data from a multi-product manufacturer in India, I test how incentives to two parties in its distribution network--salespersons and retailers--affect product sales. While profit maximization suggests equalization of returns, sales increases from salesperson incentives are six times those for retailer incentives. I provide evidence that differences in substitutability across products for the two parties, and the consequent differential costs of incentive provision, explain this disparity. The essay also traces the mechanisms by which incentives affect sales. Shifts in the allocation of salesperson effort between products and between retailers in different geographies, complementarities in effort, and information revelation through repeated interactions are all shown to be important. Finally, the essay argues that firms take these hidden incentive costs and interactions between parties into account when designing incentive systems.

Download or read book Incentives in Government Contracting written by R. Preston Mcafee and published by Heritage. This book was released on 1988-12 with total page 182 pages. Available in PDF, EPUB and Kindle. Book excerpt: Could the existing level of government services by provided at a lower cost? This study presents a convincing argument for incentive contracts as a means to this end. In a typical market economy, payments from the government to firms account for about one-half of government spending (excluding transfer payments). By changing the way in which a government pays the firms from which it procures goods and services, it would be possible to maintain the existing array of government programs at a lower price. The major finding of this study is that governments could significantly reduce their expenditures by making extensive use of incentive contracts where they currently use either fixed-price contracts or cost-plus contracts. An incentive contract shares cost overruns and cost underruns between the government and the contractor according to a predetermined ratio. An incentive contract stimulates competition among the firms bidding for the contract and shares the project's risk between the government and the selected firm, while giving the contractor incentives to keep incurred costs low. In addition to advocating the use of incentive contracts, the study analyses the consequences of preferential treatment for domestic content over foreign content in government procurement, discusses the choice for a government agency between producing a commodity or service in-house and contracting for its provision with a private firm, and examines the experience with contracting of both the Ontario government and the United States Department of Defense in order to draw lessons for government contracting in general.

Download or read book Three Essays on Economic Incentive Mechanisms written by Yeon-Koo Che and published by . This book was released on 1991 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Essays on Incentive Contracting R d and Growth written by Dezsö Szalay and published by . This book was released on 2001 with total page 142 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Essays on Incentives and Contracts written by Selçuk Eren Günay and published by . This book was released on 2012 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Le résumé en anglais n'a pas été communiqué par l'auteur.

Download or read book Incentive Contracts with Strategic Agents written by Jacques Paul Lawarrée and published by . This book was released on 1990 with total page 418 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Three Essays on the Economic Incentives of Law and Contracts written by Juan Carlos Bisso and published by . This book was released on 2008 with total page 222 pages. Available in PDF, EPUB and Kindle. Book excerpt: How does the law affect the amount of information that is disclosed by a contractual relationship? This dissertation examines this question to predict the equilibrium outcomes that are influenced by different legal regimes.

Download or read book Essays on Optimal Dynamic Incentive Contracts written by Carsten Sebastian Pfeil and published by . This book was released on 2011 with total page 150 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Essays on Incentive Contracts Earnings Management Expectation Management and Related Issues written by Jie Gao and published by Open Dissertation Press. This book was released on 2017-01-28 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This dissertation, "Essays on Incentive Contracts, Earnings Management, Expectation Management and Related Issues" by Jie, Gao, 高洁, was obtained from The University of Hong Kong (Pokfulam, Hong Kong) and is being sold pursuant to Creative Commons: Attribution 3.0 Hong Kong License. The content of this dissertation has not been altered in any way. We have altered the formatting in order to facilitate the ease of printing and reading of the dissertation. All rights not granted by the above license are retained by the author. DOI: 10.5353/th_b4327865 Subjects: Corporate profits Disclosure of information Compensation management