This paper analyzes a multi-task agency framework where the agent exhibits task-specific abilities. It illustrates how incentive contracts account for the agent’s task-specific abilities if contractible performance measures do not reflect the agent’s multidimensional contribution to firm value. This paper further sheds light on potential ranking criteria for performance measures in multi-task p...

This paper reports the results of an experiment that investigates the two-sided relationship between punishment and welfare. First, it contributes to the literature on the behavioral determinants of punishment by examining the role of relative income and income comparisons as a determinant of punishment in a two-stage public good game when inequality arises endogenously from the subjects' behav...

abstractgiven the importance of the notion of efficiency in the country's economic growth, measuring the efficiency and the technology gap for various industries in order to achieve the best possible resource assignment, following the declared policy goals, is of particular importance for those countries, such as iran, which are now at the early stages of the industrialization process. hen...

BACKGROUND Other than the UK, The Netherlands has no formal threshold for cost-per-QALY values defined yet. For example, a cutoff value at €20,000 per QALY is sometimes mentioned in various discussions, however it has no formal status at all. Yet, since 2005, all new innovative do have to go through a cost-effectiveness evaluation though, with the assessment being focused on the methodology rat...

abstract in this research we studied the economical effects of rainfed irrigation and 4, 8, 12 and 16 day sprinkler irrigation intervals as well as their effects on water productivity and tea quality. the study was done in fouman tea research station, northern part of iran where tea is a major crop, during growing season of 2002-2004. the results showed that during dry season of 2002 and 2003 y...

background and objectives: pharmaceutical expenditures are responsible for a major part of health systems’ cost. according to the who’s statistics, iran is the first among the 20 countries in the world in terms of drug consumption. the first step in controlling consumption of a particular good is to identify factor inducing the relevant demands. hence, this study aimed to identify the pattern a...