Browsing Working Papers by Subject "Incentives"

Now showing items 1-3 of 3

Title: Can the Threat of Costly Litigation be Incentive Enough for Companies to Engage in CSR? Author(s): TZAVARA, Dionisia Date: 2009 Type of Publication: Working Paper Series/Report no.: EUI RSCAS Abstract: In 1970 Milton Friedman wrote “[t]he social responsibility of business is to increase profits” (p. 122). Today there are voices advocating that engaging in CSR is in the direction of increasing profits. It is also argued ...
Title: Bankruptcy: Is It Enough to Forgive or Must We Also Forget? Author(s): ELUL, Ronel; GOTTARDI, Piero Date: 2008 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: In many countries, lenders are restricted in their access to information about borrowers’ past defaults. We study this provision in a model of repeated borrowing and lending with moral hazard and adverse selection. We ...
Title: Behavioural Effects of Obligations Author(s): GALBIATI, Roberto; VERTOVA, Pietro Date: 2007 Type of Publication: Working Paper Series/Report no.: EUI MWP Abstract: How formal rules affect human behaviour is a crucial issue in economics. Formal rules are defined as obligations backed by incentives. The economic literature has largely focused on the role of incentives in shaping ...

Now showing items 1-3 of 3

Browse