Performance measurement and perverse incentives
نویسندگان
چکیده
منابع مشابه
Commentary: Perverse incentives or rotten apples?
Around 2% of the investigators admit to have falsified or fabricated data at least once. Also, 34% report to have been guilty to one or more questionable research practices, such as doing many statistical analyses and to publish only what fits their theoretical framework. Prevention of questionable research practices is very important. Universities should ensure that the training is in order an...
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Brazil is the most decentralized country in the developing world. It has a long history of federalism and decentralization, and has become considerably more decentralized over the last two decades. By 1995, state and local governments together accounted for nearly 60 percent of public consumption (Ter-Minassian, 1997: 438). In comparison with other developing countries, the Brazilian states als...
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In many occupations, the consequences of an agent’s actions become known only over time. Should a principal then compensate an agent based on early but noisy information about performance, or later but more accurate information, or both? To answer this question, I study a two-period model in which a principal can pay a risk-averse agent based on both true output, which is realized with delay, a...
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This study examines the misallocation of credit in Japan associated with the perverse incentives of banks to provide additional credit to the weakest firms. Firms are far more likely to receive additional credit if they are in poor financial condition, and these firms continue to perform poorly after receiving additional bank financing. Troubled Japanese banks allocate credit to severely impair...
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ژورنال
عنوان ژورنال: Journal of Vascular Surgery
سال: 2013
ISSN: 0741-5214
DOI: 10.1016/j.jvs.2012.10.064