WebApr 11, 2024 · We present a mechanism based on managerial incentives through which common ownership affects product market outcomes. Firm-level variation in common ownership causes variation in managerial incentives and productivity across firms, which leads to intraindustry and intrafirm cross-market variation in prices, output, markups, and … WebA basic premise of the vast literature on the political economy of institutions and organizations is that incentives matter.1 Regardless of their rhetoric, politicians tend to behave in response to the career incentives facing them.2 Such incentives are therefore an important key to a better understanding of policy choices in both
Incentives and Political Economy Oxford Academic
WebOct 18, 2001 · This book presents a detailed exposition of models of incentives in political economy using the tools of contemporary information economics. The emphasis is on small, loosely connected models that describe the rationale behind many of today's … The author traces the origins of incentives in the design of political institutions to … Web1 day ago · MONTGOMERY, Ala. (AP) — Alabama lawmakers advanced Thursday a package of economic development bills that would renew and expand the tax breaks and other incentive programs the state uses to lure ... how does meningitis spread
Government Incentive Definition Law Insider
WebFeb 1, 2013 · First, I identify the role of the regulator’s implicit incentives; then, I establish the relation between the power of the incentive rule and the firm’s investment decision. This … WebOct 18, 2001 · This book presents a detailed exposition of models of incentives in political economy using the tools of contemporary information economics. The emphasis is on small, loosely connected models that describe the rationale behind many of today's political procedures, while paying attention to the intellectual history of the ideas that are discussed. WebSanctions increase that need; by subtracting from the target's political, economic, or security baseline, they exacerbate the tensions and can precipitate conflict. Incentives, on the other hand, add to a target's baseline and can be structured to address the need that is creating contentious behavior. ... "The Value of Economic Incentives in ... how does meningitis affect the body