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1 - 3 van 3 voor optimal forming solutions
Microsoft Word - doc73.doc
... fails' unregulated firms may have an incentive to exploit market power and to provide sub-optimal levels of reliability. in such a case, government intervention is needed to deal with market ... . it guides policy makers through the major steps in forming policy that would secure reliability. we do not intend to provide tailor-made solutions for reliability issues in all network industries. instead ...
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Microsoft Word - memo140.doc
... competition from non-members. moreover, expected punishment for forming a cartel must be low relative to the advantages ... by finding an optimal trade-off between removing the monopoly distortion and producing an optimal amount of varieties. the optimal product ... neary shows that these specifications do not provide convenient solutions and yield unattractive implications in oligopoly. in particular, ...
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team incentives public organisations experimental study pdf
... 2003)), which often make inappropriate the naive application of magic bullet solutions like competition or performance-based incentives' (dixit (2002), p. 697). ... perform. he shows that high-powered incentives may not be optimal because they crowd-out intrinsic motivation. fehr and schmidt (2004) ... between the efforts and the rewards of players i and j forming one team and the output oi of player i is ...
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