Brandon Williams
Development Economics
October 1, 2024
Non-Financial Incentives
Development Economics
October 1, 2024
Non-Financial Incentives
Development Economics
October 1, 2024
The Model:
}
}
}
effort
growth of tax with no effort
tax growth
Outcome:
Non-Financial Incentives
Development Economics
October 1, 2024
The Model:
Outcome:
Inspector choice:
Utility
Assignment function
Preferences
}
Non-Financial Incentives
Development Economics
October 1, 2024
The Model:
Outcome:
Inspector choice:
FOC and equil.:
Marginal return to effort
Non-Financial Incentives
Development Economics
October 1, 2024
The Model:
Everyone knows everything,
creates substantial heterogeneity
Less knowledge
moves it right
Non-Financial Incentives
Development Economics
October 1, 2024
The Model:
Everyone knows everything,
creates substantial heterogeneity
Less knowledge
moves it right
Everyone fighting for the same slot
Some people know exactly
where they can end up
Non-Financial Incentives
Development Economics
October 1, 2024
The Model:
Everyone fighting for the same slot
AND no one knows if they have
enough to get there
Reduced effort as some outcomes
will not depend on their performance
Non-Financial Incentives
Development Economics
October 1, 2024
Interact Prediction with Treatment to see Heterogeneity:
Non-Financial Incentives
Development Economics
October 1, 2024
Interact Prediction with Treatment to see Heterogeneity:
Good assumption:
Assuming all the same seems not so good
- they know other's output "business-as-usual"
- they know little about their preferences
Non-Financial Incentives
Development Economics
October 1, 2024
Non-Financial Incentives
Development Economics
October 1, 2024
Non-Financial Incentives
Development Economics
October 1, 2024
Non-Financial Incentives
Development Economics
October 1, 2024
Non-Financial Incentives
Development Economics
October 1, 2024
Non-Financial Incentives
Development Economics
October 1, 2024
Non-Financial Incentives
Development Economics
October 1, 2024
Non-Financial Incentives
Development Economics
October 1, 2024
Development Economics
Non-Financial Incentives
October 1, 2024
Development Economics
Non-Financial Incentives
October 1, 2024
Development Economics
It would
seem yes
Non-Financial Incentives
October 1, 2024
Development Economics
What is
happening
here?
Does it convince you it is, in fact, the mission?
Non-Financial Incentives
October 1, 2024