Getting Incentives Right—Responding to Critics
نویسندگان
چکیده
منابع مشابه
Incentives Work: Getting Teachers to Come to School
We use a randomized experiment and a structural model to test whether monitoring and financial incentives can reduce teacher absence and increase learning in rural India. In treatment schools, teachers’ attendance was monitored daily using cameras, and their salaries were made a nonlinear function of attendance. Absenteeism by teachers fell by 21 percentage points relative to the control group,...
متن کاملGetting it done: dynamic incentives to complete a project
A principal wants an agent to complete a project. The agent undertakes unobservable effort, which affects in each period the probability that the project is completed. We characterise the contracts that the principal sets, with and without commitment. With full commitment, the contract involves the agent’s value and wage declining over time, in order to give the agent incentives to exert effort...
متن کاملReply to Our Critics
Ratte for reading and criticizing our book. Interestingly, their three sets of comments (to which we shall respond in order) reflect three very different standpoints on both vision and the science of vision. 1. Reply to Tim Schroeder Tim Schroeder is a very sympathetic reader indeed. He raises two queries, both of which are well taken and go deep to the heart of our framework. His first questio...
متن کاملReplies to My Critics
I thank my critics for time, thought, and effort put into their commentaries. Since obviously I can’t respond to everything, I will try to address what strike me as the most important questions they ask and objections they raise. I think I have decent answers to some questions and decent responses to some objections, in other cases it seems enough to clarify the relevant view, and in still othe...
متن کاملReply to Critics
As is well-understood, the postwar economy, has gone through two major phases. During the long boom between the end of the 1940s and the early 1970s, most of the advanced capitalist economies (outside the United States and the United Kingdom) experienced record-breaking rates of investment, output, productivity, and wage growth, along with low unemployment and only brief and mild recessions. Bu...
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ژورنال
عنوان ژورنال: Jerusalem Review of Legal Studies
سال: 2015
ISSN: 2219-7125,2219-7117
DOI: 10.1093/jrls/jlv018