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Dynamic Incentive Contracts in Multiple Penalty Systems with No-commitment to Tenure-track Auditing

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  • Hsiao-Chi Chen

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  • Shi-Miin Liu
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    Abstract

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    File URL: http://hdl.handle.net/10.1007/s00712-006-0241-3
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    Bibliographic Info

    Article provided by Springer in its journal Journal of Economics.

    Volume (Year): 90 (2007)
    Issue (Month): 3 (April)
    Pages: 255-294

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    Handle: RePEc:kap:jeczfn:v:90:y:2007:i:3:p:255-294

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    Web page: http://www.springerlink.com/link.asp?id=108909

    Related research

    Keywords: dynamic incentive contract; tenure-track auditing; penalty schemes; C70; D82;

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    References

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    1. A. Mitchell Polinsky, 2004. "Optimal Fines and Auditing When Wealth is Costly to Observe," Discussion Papers, Stanford Institute for Economic Policy Research 03-038, Stanford Institute for Economic Policy Research.
    2. Avner Bar-Ilan & Bruce Sacerdote, 2001. "The Response to Fines and Probability of Detection in a Series of Experiments," NBER Working Papers 8638, National Bureau of Economic Research, Inc.
    3. Arguedas, C., 2005. "Pollution Standards, Costly Monitoring and Fines," Discussion Paper, Tilburg University, Center for Economic Research 2005-9, Tilburg University, Center for Economic Research.
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    Cited by:
    1. Hsiao-Chi Chen & Shi-Miin Liu & Chiung-Yun Chang, 2013. "Commitment or no-commitment to monitoring in emission tax systems?," Environmental Economics and Policy Studies, Society for Environmental Economics and Policy Studies - SEEPS, Society for Environmental Economics and Policy Studies - SEEPS, vol. 15(2), pages 171-188, April.

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