Search results for "incentive"
showing 10 items of 297 documents
How to Avoid Compensating CEO for Luck: The Case of Macroeconomic Fluctuations
2010
Incentive effects of performance-based compensation schemes for management may be weakened or biased by macroeconomic influences on remuneration. These influences can be seen as reflecting luck from the CEO’s perspective. In this chapter we present a model for how to avoid compensating CEO for luck by filtering out the macroeconomic influences. In the empirical section we analyze the impact of macroeconomic, industry and firm-specific factors on the compensations (salary, bonus, options, and pensions) of CEOs in 127 Swedish corporations during the period 2001-2007. We find macroeconomic influences on Swedish CEOs’ compensation to be substantial. Distinguishing between favorable and unfavora…
Tax Incentives as a Part of Governments’ Applied Mechanisms for the Third Pension Pillar in Estonia, Latvia, and Lithuania
2020
The main objective of the improvements to public pension systems is to create a balanced three-pillar pension structure and increase public accountability for pension capital formation. Most pension systems are based on the first two pension system pillars – mandatory contributions in the state compulsory unfunded pension scheme and the state-funded or accumulated pension scheme in pension funds. However, the pension level adequacy has been reached by adding the third pension system pillar - voluntary investments in private pension funds. Governments are private pension system policymakers by defining a legal framework and providing tax incentives for voluntary investments for retirement. I…
Pool punishment in public goods games: How do sanctioners’ incentives affect us?
2021
Abstract Centralized sanctioning in social dilemmas has been shown to increase efficiency with respect to standard decentralized peer punishment. In this context, we explore the impact of sanctioners’ motivations through their payoff scheme, not only on their actions but also on the actions of the monitored individuals. To do so, we compare the implementation of two different payoff schemes for the monitor in a centralized sanctioning framework: (i) a fixed payoff scheme and (ii) a variable payoff scheme contingent on the level of cooperation achieved. We find that providing the sanctioner with a contingent payoff has a negative impact on contributions. This occurs although sanctioners impl…
Research of organic agricultural production support in Poland
2017
The features of supporting organic production in Poland are analyzed in the article. Poland is characterized by the largest employment of the population and the number of farms in the organic sector among the countries of Europe. Despite the favorable natural and climatic conditions, the scientific and practical base, significant areas occupied by organic production, the powerful export potential of the country, the proportion of organic operators in the structure of agricultural producers is very low. The main obstacles to the transition to organic principles are the poor development of environmental infrastructure and support from various services of the entire agricultural system. Theref…
Data and Methods: A Conceptual Approach to Intercultural Dialogue
2020
In this chapter, we discuss the constructivist perspective on concepts and explain how we utilize this in our analysis of concepts used by the Council of Europe and the European Union in their education policy documents. In this perspective, political language and administrative documents not only describe the reality of administrated issues but also participate in their construction and meaning-making. The authors emphasize the performativity of language and discuss its significance for political rhetoric. Besides the theoretical and methodological frameworks, we describe the data and elaborate on the genre of education policy documents. We also provide an overview of the development, cont…
Incentives, criminal defence lawyers and plea bargaining
2008
Plea bargaining has become a central feature of criminal procedure in Anglo-Saxon jurisdictions. This paper explores an area seldom discussed in the economic literature on plea bargaining: the influence of the defence lawyer's fee contract on the terms of the bargain. In particular, it uses data from one jurisdiction of the impact on case trajectories of changes in publicly funded defence lawyers’ contracts to test the proposition that the nature of the lawyer's contract influences how cases are managed. An event study methodology on a pooled time-series cross-section data set of case trajectories before and after the change in the nature of the contract is used to examine whether the new p…
The future of 'serious games' in accounting education: A Delphi study
2019
Abstract Previous literature on Serious Games (SGs) has focused on the possible impacts of these educational tools on learning effectiveness. However, the empirical evidence is still scarce, and these learning-based games are rarely used in general undergraduate courses and even less so in accounting courses compared with other business areas. Using an existing digital game and a sample of accounting lecturers, this paper uses the Delphi methodology to examine accounting academicś perceptions of the usefulness and the potential barriers to implementing SGs in the classroom. Our results show that the knowledge and funding of technology is no longer an issue. However, incentives to motivate a…
The impact on port competition of the integration of port and inland transport services
2015
The performance of the transport chain is important for the efficiency and competitiveness of an economy. In the context of port competition, there has been an increasing cooperation between firms involved in the intermodal transport chain including seaport services. This paper examines the economic incentives and welfare implications to the integration of port activities with inland transport services under inter-ports competition. Although ports find it advantageous to engage in such integration process it may be detrimental to welfare, since shippers’ aggregate surplus decreases – noting that farther away users benefit at the expense of those closer to the ports. Several scenarios not le…
La gamificación como herramienta para reducir los accidentes laborales viales en pymes y autónomos
2018
El uso del vehículo constituye un medio de transporte imprescindible para muchos trabajadores, que lo utilizan para sus desplazamientos a sus lugares de trabajo o en el desarrollo de su actividad profesional. Actualmente en España el 13,45% de los accidentes laborales son de tráfico, siendo importante para su prevención invertir en formación e incorporar la cultura de la seguridad vial como parte de la actividad corriente de la organización. En este trabajo se propone el uso de la gamificación como herramienta para la formación y concienciación de los trabajadores autónomos y pymes en el esfuerzo por reducir el número de accidentes laborales viales en sus organizaciones. Para ello se descri…
Critical assessment of support for the evolution of photovoltaics and feed-in tariff(s) in Italy
2015
Abstract The feed-in tariff(s) mechanism involves an obligation on the part of an electricity provider to purchase electricity generated by renewable energy sources in its relevant area, paying a tariff determined by public authorities and guaranteed for a specific time period. Feed-in tariff(s) have been the primary mechanism used for supporting the development of renewable energy sources in the EU and, up to date, they are being applied in 20 EU Member Countries. On 6 July 2013, the Italian experience with feed-in tariff(s) for photovoltaic systems finished. During its lifetime of eight years, this incentive mechanism, named “Conto Energia”, was characterized by periods of great success f…