G2TT
来源类型Discussion paper
规范类型论文
来源IDDP4840
DP4840 Divide et Impera: Optimal Leniency Programmes
Giancarlo Spagnolo
发表日期2004-12-23
出版年2004
语种英语
摘要This Paper models aid agencies as financial intermediaries that do not make a financial return to depositors, since the depositors' concern is to transfer resources to investor-beneficiaries. This leads to a significant problem of verification of the agencies' activities. One solution to this problem is for an agency to employ altruistic workers at below-market wages: workers can monitor the agency's activity more closely than donors, and altruistic workers would not work at below-market rates unless the agency were genuinely transferring resources to beneficiaries. We consider conditions for this solution to be incentive compatible.
主题Industrial Organization ; Public Economics
关键词Signalling Non-profit Wage differential Donations altruism Two-sided market
URLhttps://cepr.org/publications/dp4840
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/533732
推荐引用方式
GB/T 7714
Giancarlo Spagnolo. DP4840 Divide et Impera: Optimal Leniency Programmes. 2004.
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