Six sections of an undergraduate human development course (N = 317) taught across two semesters were exposed to one of three cooperative learning arrangements awarding bonus credit for individual and/or group improvement in exam performance: (1) individual improvement first required to earn group bonus credit, (2) group improvement first required to earn individual bonus credit, and (3) individ...

OBJECTIVE Since 2007, the Centers for Medicare and Medicaid Services have published 5-star quality rating measures to aid consumers in choosing Medicare Advantage Prescription Drug Plans (MAPDs). We examined the impact of these star ratings on Medicare Advantage Prescription Drug (MAPD) enrollment before and after 2012, when star ratings became tied to bonus payments for MAPDs that could be use...

The current study investigates and establishes the factors that lead to short-term orientation strategies in western organisations. Moreover, this used questionnaire-based surveys assess relationship between these what it would take for organisation move a long-term strategy. At start of study, was evident annual bonus system is key reason prioritising sample composed 300 companies different si...

This paper investigates behavior in the Traveler’s Dilemma game and isolates deviations from textbook predictions caused by differences in welfare perceptions and strategic miscalculations. It presents the results of an experimental analysis based on a 2x2 design where the own and the other subject’s bonus-penalty parameters are changed independently. We find that the change in own bonus-penalt...

In this paper, a salary-plus-bonus incentive mechanism is proposed to motivate WiFi Access Points (APs) to provide data offloading service for mobile network operators (MNOs). Under the proposed salary-plus-bonus scheme, WiFi APs are rewarded not only based on offloaded data volume but also based on the quality of their offloading service. The interactions between WiFi APs and the MNO under thi...

This paper investigates the extent to which corporate governance affects the cost of debt and equity capital of German exchange-listed companies. I examine corporate governance along three dimensions: financial information quality, ownership structure and board structure. The results suggest that firms with high levels of financial transparency and bonus compensations face lower cost of equity....

As other countries, Australia was hit by the international crisis. While European countries implemented austerity measures worsening social conditions of their population and pushing the economy into a fallacious fiscal adjustment, the prompt reaction of the Australian government limited the possible negative effects caused by the macroeconomic shock and favoured the process of economic recover...

We estimate an agency model using the payroll records of a copper mine that paid a production bonus to teams of workers. We estimate the cost of incomplete information due to insurance and incentives considerations and the inefficiency caused by the simple form of the incentive contract itself. At the estimated parameters the cost of worker risk aversion (insurance) is of similar magnitude to m...