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1 - 10 van 64 voor performance based contracts
Microsoft Word - discussion135.doc
... payment schemes are related to the performance of providers (finn 2008). these studies however seem to point at the effectiveness of performance based systems regardless whether these apply to ... efficiency arguments are associated with the incomplete contracts and asset specificity of services. within the context of wtw services, the incompleteness of contracts is particularly relevant for hard-to ...
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Microsoft Word - discussion134.doc
... performance-based contracts. critics of performance- based incentive contracts stress their potential unintended effects, including cream-skimming and other gaming activities intended to raise measured performance outcomes. we analyze the incentive effects of performance-based contracts ...
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Microsoft Word - discussion165.doc
... contract which adequately defines the amount of effort to be dedicated to each task. output-based contracts are in practice typically focused on tasks which are easiest or cheapest to measure, and ... stimulating worker effort when individual output is non-verifiable (malcomson, 1984; 1986). based on the worker's relative performance the firm may rank workers on the basis of their productivity scores, ...
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doc211.pdf
... consolidation 44 3.6 higher leverage and more short-term funding 45 3.7 performance-based remuneration 46 4 scenarios 49 4.1 four scenarios for the financial sector 50 ... from relatively passive claimholders (shareholders) when performance is good to more interventionist claimholders (debt holders) when performance is bad. the covenants of debt contracts specify the condition under which debtholders ...
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L:\publicaties\...\cpbdoc15.wp [PFP#1210200691]
... up for this, managers may embark on riskier strategies, especially if their remuneration is performance-based. this may increase the risk of a bank failure. the implied trade-off ... (anonymity) and liquid trading markets exist. further, the design of loan contracts differs in general significantly from depositor contracts. deposits have convenient maturity, no size restrictions and entail low risk ...
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health insurance competition pdf
... 251 employer-based contracts that cover about 2.1 million insured and 196 other type of contracts that cover 2.7 million insured. for 2008 these figures are respectively 164 employer-based contracts (1.3 ... , 1999, individual versus job-based health insurance weighing the pros and cons, health affairs 18(6), pp. 28-44. pauly, m. and a. percy, 2000, cost and performance a comparison of the ...
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Research Memorandum (set-up) [PFP#201413950]
... ? theories about this subject indicate that monitoring, suboptimal contracts, profit sharing and rent sharing might be reasons for paying performance related pay. we test these theories empirically on ... economic performance, economic policy, pp. 13-16. drago, r. and j. heywood (1999), the choice of payment schemes australian establishment data, mimeo. ewing, b., (1996), wages and performance-based ...
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management economics large uk retailer pdf
... performance in the past year, as well as the labour market situation, when reviewing manager contracts for the next trading year. this practice is tantamount to having explicit incentive pay contracts ... questionnaire. those self-assessments were later discussed with the area managers, and then, based on the evidence supporting the self-assessment results, agreed assessments were produced. there ...
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N:\publicaties\...\cpbdoc31.wp [PFP#832102047]
... indicate the performance of the police have been identified, targets and financial incentives for meeting those targets have been set. the regional performance contracts will be based on the national police covenant that was signed on february performance contracts are thought to contribute to greater ...
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team incentives public organisations experimental study pdf
... workers' activities are low or undesirable that payments based on individual performance can be effective. in addition, the introduction of performance-based incentives may affect the composition of workers in ... effort experiment, european economic review, vol. 45, pp. 187 214. vollaard, b., 2003, performance contracts for police forces. vyrastekova, j. and s. garikipati, 2005, beliefs and trust an ...
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