service oriented enterprises (soes) are subject to constant change and variation. in this paper, the changes are considered from an economic perspective based on service culture notion. once a change is implemented, the costs of some member services may increase, whereas the costs of some other services may reduce. we construct a game theoretic model trying to capture the possible conflicting i...

In a basic economic system, each participant receives a (financial) reward according to his own contribution to the system. In this work, we study an alternative approach – Incentive Networks – in which a participant’s reward depends not only on his own contribution; but also in part on the contributions made by his social contacts or friends. We show that the key parameter effecting the effici...

As an important long-term incentive mode, the equity incentive promotes the managers to contribute to the interest uniformity of managers and shareholders. By using Paired-Samples T test methods and regression analysis method and choosing companies that issued the equity incentive plan in 2007 as the sample, this paper comparatively analyzes the differences in the performance of companies befor...

In this paper I examine agency theories and the impact it has on corporate life today. I find substantial support (in research and real life) the teaching itself has contributed to greed and the “agency culture” that has driven many firms to their doom. When it comes to game theory and experiments people tend to be self-serving at different levels. Outside these applications most people are als...

Improving population health is not simple. Many instruments are available for changing behavior and consequent outcomes. However, the following basic principles should guide development of any incentive arrangement: 1) identify the desired outcome, 2) identify the behavior change that will lead to this outcome, 3) determine the potential effectiveness of the incentive in achieving the behavior ...

I t is commonly held that increasing monetary rewards enhance work effort. This study, however, argues that this will not ineludibly occur in team activities. Incentive Reversal may occur in sequential team productions featuring positive external impacts on agents. This seemingly paradoxical event is explained through two experiments in this article. The first experiment involves a sample ...

A very important property for any mechanism is incentive-compatibility. A mechanism is incentive-compatible if no agent has an incentive not to follow the protocol. In this paper we present a new meta-mechanism that can be applied to any existing mechanism to make it incentive compatible. This meta-mechanism is Chuck Norris. This shows that any mechanism can be made incentive-compatible, and th...

A very important property for any mechanism is incentive-compatibility. A mechanism is incentive-compatible if no agent has an incentive not to follow the protocol. In this paper we present a new meta-mechanism that can be applied to any existing mechanism to make it incentive compatible. This meta-mechanism is Chuck Norris. This shows that any mechanism can be made incentive-compatible, and th...

A very important property for any mechanism is incentive-compatibility. A mechanism is incentive-compatible if no agent has an incentive not to follow the protocol. In this paper we present a new meta-mechanism that can be applied to any existing mechanism to make it incentive compatible. This meta-mechanism is Chuck Norris. This shows that any mechanism can be made incentive-compatible, and th...