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Optimal Contracts when the Players Think Different

Optimal Contracts when the Players Think Different PDF Author: Martin Dumav
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

Book Description


Optimal Contracts when the Players Think Different

Optimal Contracts when the Players Think Different PDF Author: Martin Dumav
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

Book Description


What We Owe Each Other

What We Owe Each Other PDF Author: Minouche Shafik
Publisher: Princeton University Press
ISBN: 069120764X
Category : Business & Economics
Languages : en
Pages : 256

Book Description
From one of the leading policy experts of our time, an urgent rethinking of how we can better support each other to thrive Whether we realize it or not, all of us participate in the social contract every day through mutual obligations among our family, community, place of work, and fellow citizens. Caring for others, paying taxes, and benefiting from public services define the social contract that supports and binds us together as a society. Today, however, our social contract has been broken by changing gender roles, technology, new models of work, aging, and the perils of climate change. Minouche Shafik takes us through stages of life we all experience—raising children, getting educated, falling ill, working, growing old—and shows how a reordering of our societies is possible. Drawing on evidence and examples from around the world, she shows how every country can provide citizens with the basics to have a decent life and be able to contribute to society. But we owe each other more than this. A more generous and inclusive society would also share more risks collectively and ask everyone to contribute for as long as they can so that everyone can fulfill their potential. What We Owe Each Other identifies the key elements of a better social contract that recognizes our interdependencies, supports and invests more in each other, and expects more of individuals in return. Powerful, hopeful, and thought-provoking, What We Owe Each Other provides practical solutions to current challenges and demonstrates how we can build a better society—together.

Optimal Contracts When Agents Envy Each Other

Optimal Contracts When Agents Envy Each Other PDF Author: Anjan V. Thakor
Publisher:
ISBN:
Category :
Languages : en
Pages : 51

Book Description
We examine the characteristics of endogenously-determined optimal incentive contracts for agents who envy each other and work for a risk-neutral (non-envious) principal. Envy makes each agent care not only about absolute consumption but also about relative consumption. Incentive contracts in this setting display properties strikingly different from those associated with optimal contracts in standard principal-agent theory. We derive results that help explain some of the discrepancies between the predictions of principal-agent theory and the stylized facts about real-world contracts.

Game Theory and the Social Contract: Just playing

Game Theory and the Social Contract: Just playing PDF Author: K. G. Binmore
Publisher: MIT Press
ISBN: 9780262024440
Category : Business & Economics
Languages : en
Pages : 624

Book Description
Written for an interdisciplinary audience, Just Playing offers a panoramic tour through a range of new and disturbing insights that game theory brings to anthropology, biology, economics, philosophy, and psychology.

Managing Thought: Think Differently. Think Powerfully. Achieve New Levels of Success

Managing Thought: Think Differently. Think Powerfully. Achieve New Levels of Success PDF Author: Mary J. Lore
Publisher: McGraw Hill Professional
ISBN: 0071740570
Category : Business & Economics
Languages : en
Pages : 272

Book Description
“Managing Thought is to this century what How to Win Friends and Influence People and 7 Habits of Highly Effective People were to the last century.”—Barbara G. Stanbridge, change management expert and former president of the National Association of Women Business Owners “A must-read.” —Howard Putnam, former CEO of Southwest Airlines and author of The Winds of Turbulence WINNER of two Nautilus Awards, the Eric Hoffer Award, the Axiom Business Book Award, and two USA Book News National Best Book Awards “Managing Thought teaches us how to actually manage our thoughts to be creative, inspired, and impactful in all we do.” —Gordon Krater, CPA, managing partner of Plante & Moran Hailed by business leaders from coast to coast, Mary Lore’s multiple-award-winning guide not only changes the way you think about success—it changes the way you think, period. With a groundbreaking approach to harnessing mental power, Managing Thought turns “positive thinking” into practical actions, so you can: RETHINK your path to success REFOCUS your goals and priorities REFRAME your negative thoughts REIGNITE your creativity REVITALIZE your energyRESTORE your sense of purpose RECLAIM your peace of mind Lore’s proven process includes dozens of eye-opening and energizing self-awareness exercises, , targeted thought techniques, and real-world applications to help you shift your perspective on your career, your relationships, and your life. Whatever you think, you can achieve. It’s all in your mind... Everything you do begins with a thought. From making small day-to-day decisions, to changing company-wide strategies, to plotting a lifelong career path—the way you think determines the way you live. When you manage your thoughts, you manage your life. That’s the simple and revolutionary premise of Mary Lore’s award-winning book. Managing Thought goes beyond other “positive thinking” books by offering a practical, systematic, step-by-step approach to thought management. These proven techniques help you : * Identify your goals and focus on ways to achieve them. * Eliminate thoughts that waste time, energy, and money. * Turn positive thinking into positive action. * Balance professional success and personal fulfillment. * Find true peace of mind in everything you do. The best thing about this powerful thought management system is: you can apply it to all aspects of your life. You can conquer your greatest fears and self-doubts, deal with difficult people and situations, face the toughest challenges head-on, and inspire yourself to achieve new levels of success you never thought possible. Ralph Waldo Emerson once said, “Great men are they who see... that thoughts rule the world.” With Managing Thought, the world is yours. Mary J. Lore is the founder and CEO of Managing Thought, LLC. An internationally recognized leader, public speaker, and executive mentor, Mary has worked with corporate leaders throughout North America and Europe. She earned a BBA in finance, with a minor in philosophy, and serves as a chair and expert resource for TEC, also known as Vistage International, the world's preeminent organization for the personal and professional development of CEOs. She writes a popular blog and e-column, conducts public and corporate workshops, and can be reached at www.managingthought.com.

Game Theory and the Social Contract: Playing fair

Game Theory and the Social Contract: Playing fair PDF Author: K. G. Binmore
Publisher: MIT Press
ISBN: 9780262023634
Category : Business & Economics
Languages : en
Pages : 404

Book Description
Binmore argues that game theory provides a systematic tool for investigating ethical matters.

Secrets of the Moneylab

Secrets of the Moneylab PDF Author: Kay-Yut Chen
Publisher: Penguin
ISBN: 110144424X
Category : Business & Economics
Languages : en
Pages : 256

Book Description
Taking the findings of behavioral economics from the cocktail party to the boardroom. Experimental economist Kay-Yut Chen leads an economics lab at Hewlett- Packard-the first of its kind at any company. His groundbreaking research into human behavior has turned into tangible results for HP. He has saved the company millions of dollars, simply by explaining why people really do the things they do. MoneyLab offers practical lessons being put to use right now at HP and other leading companies. It explains, for instance, how to: ? Use incentives to influence employees, suppliers, and buyers ? Determine whom to trust, and how much ? Reduce the negative effects of irrational behavior by noticing patterns that don't seem logical ? Take advantage of the human tendency to game the system In the spirit of Predictably Irrational, but with a more practical approach, Chen shows how to translate the findings of behavioral economics into concrete actions to achieve new levels of success.

New York Star

New York Star PDF Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 602

Book Description


Thinking on Defense

Thinking on Defense PDF Author: Jim Priebe
Publisher: Master Point Press
ISBN: 9781894154376
Category : Games & Activities
Languages : en
Pages : 204

Book Description
Defense is the most difficult part of bridge, and for most players, the hardest part of defense is figuring out what kind of strategy they should be pursuing. In this book, the reader is shown step-by-step how to visualise declarer's cards from the bidding and play, and then how to use this information to form a plan for the defense. This book is based on Jim Priebe's popular articles 'Visualisation on Defense' which appeared in the ACBL Bulletin in early 2001.

Contract Ethics

Contract Ethics PDF Author: Howard Kahane
Publisher: Rowman & Littlefield Publishers
ISBN:
Category : Law
Languages : en
Pages : 176

Book Description
Recent theorists have suggested that human altruism toward non-family members evolved because of the tremendous benefits of reciprocity. Developing further the notion that evolutionary theory can help to explain moral sentiments, Howard Kahane proposes that a sense of fair play is essential to ethics and argues that moral obligation, too narrowly construed, prevents us from living rationally. He brings his account of fair play to bear on the ethics of various domains of social life including friendship, taxes, civil rights, and nation states.