منابع مشابه
Risk Management and the Design of Efficient Incentive Schemes
vi List of Figures xiii Chapter I Risk Management, Executive Compensation and the Cross-Section of Corporate Earnings 1
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Decentralized systems, like peer-to-peer and ad hoc systems, may address scalability through the handing of system operational mechanisms over to the entities forming the system, in an autonomous manner. This paradigm raises concerns, in particular with respect to the establishment of trust between such entities, to the stimulation of their cooperation, and to the fairness of their respective c...
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Fig. 1. OpenSense air pollution sensors that could be used in community sensing. Top left: on top of a bus; bottom left: on top of a tram; top right: attached to a solar-powered weather station on a building; and bottom right: attached to a smartphone. Sensing is an important part of computational sustainability, where evidence are collected about important environmental phenomena that are not ...
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We consider a participatory sensing scenario where a group of private sensors observes the same phenomenon, such as air pollution. Since sensors need to be installed and maintained, owners of sensors are inclined to provide inaccurate or random data. We design a novel payment mechanism that incentivizes honest behavior by scoring sensors based on the quality of their reports. The basic principl...
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In recent years, explicit incentive schemes for public organisations, based on quantitative measurement of outputs, have become increasingly commonly used in the UK. For example, school league tables, hospital star ratings, and various schemes for local government, such as Comprehensive Performance Assessment (CPA), have been introduced in the last twenty years or so. Moreover, with few excepti...
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ژورنال
عنوان ژورنال: Journal of Economic Perspectives
سال: 2005
ISSN: 0895-3309
DOI: 10.1257/089533005775196688