Since Holmstrom, the optimal shape of an incentive scheme has been studied in both the economics and the marketing literatures. While much of the literature has either focused on - or assumed - the optimality of linear schemes, casual empirical observation of sales force contracts reveals that they are quite...
The CNIL recognises the recent development in France of procedures enabling employees to report their colleagues' alleged law or corporate policy breaching behaviours in the office and the CNIL recognises that such schemes are neither allowed nor banned under current labour code provisions. Many businesses have had in place whistleblowing...
This paper surveys key issues and themes surrounding ESO schemes in Australia. It explores the varied policy rationales for these schemes, noting both broad bipartisan support and a generally limited conception of their fundamental purpose. The paper also outlines the current state of empirical research on their incidence and effects....
Pension privatization requires that people exercise choice. They might have to choose whether to opt out of a public scheme into a private scheme, or whether to supplement public pension contributions with private pension contributions. If they do choose to participate in a private scheme, they are likely to have...
Using cars to reduce car use sounds counter-intuitive. Indeed, "car" and "sustainable transport" rarely find themselves on the same side of an argument. However, there is a comprehensive bed of evidence from overseas and the UK that promoting car-based schemes alongside other complementary transport initiatives is a powerful and effective...
This paper focuses on the Finance Act 2004 that sets out how the Government intends the taxation of pension schemes will be changed from 6 April 2006 A day, including 'unapproved' schemes, such as funded unapproved retirement benefits schemes ('FURBS') and unfunded unapproved retirement benefit schemes ('UURBS'). It summarizes some...
This paper explores the pros and cons of setting up a scheme, identifies some policy and funding gaps that GIS could fill, and investigates some of the issues that would arise if such a scheme was implemented. Four hypotheses of the potential benefits are investigated: Green Investment Schemes GIS have...
Medicaid, the federal-state health financing program for many of the nation's most vulnerable populations, finances health care for an estimated 53 million low-income Americans, at a cost of $244 billion in 2002. This report summarizes prior work on how some of these schemes operated, including the role of intergovernmental transfers...
This paper presents a compression scheme for embedded RISC microprocessors' code. The scheme achieves better compression ratios around 0.57) than other reported implementations, and as the Instruction Cache ICache holds compressed instructions its effective size is increased and the hit ratio is improved. Moreover, the processor remains unaware of the...
This paper describes an on-line peer 'e-mentoring' scheme for providing additional support and guidance to students. The development, implementation, evaluation and dissemination of the scheme are considered. Year 3 Psychology undergraduates in the UK were trained to undertake mentoring, via e-mail, of students in Year 1. Email communications were supported...
This paper presents a simple model of health insurance with asymmetric information, where it compares two alternative ways of organizing the insurance market. Either as a competitive insurance market, where some risks remain uninsured, or as a compulsory scheme, where however, the level of reimbursement of loss is to be...
This paper is based on a conceptual design developed by IT Power Ltd ITP for a proposed demonstration scheme near Lynmouth. ITP extended this concept to a notional 1 MW baseline unit as part of the study and produced cost and energy output estimates for schemes with different numbers of...
This paper believes that the popular frameworks for defining investment style existing till the year 2001 were not working well. Investors had been let down by the existing style classification schemes, benchmarks, and style peer groups. This paper reviews the evolution of style. It describes how the existing classification and...
Electrode Inc shouldn't involve itself into this situation of staff borrowing money from others within the organisation. It's a personal issue. The company has no right to dismiss Christopher Marcus within 24 hours. It was being too impulsive and harsh to Christopher. This has greatly affected the employees' morale. ...
John Darwin, the man who faked his own death as part of an elaborate insurance fraud, cried and begged his wife to let him come home after just a few weeks in hiding but she wouldn't let him return, a court heard yesterday. Anne Darwin, 56, told...
A new Harvard study claims that the tobacco industry in recent years has manipulated menthol levels in cigarettes to hook youngsters and maintain loyalty among smoking adults. The report could further inflame a controversy over menthol in pending tobacco legislation. The study by researchers at the Harvard...
Puce-faced fathers and mothers have long been a staple of Saturday morning primary school football matches, bellowing their invective from the touchline at the amateur referee's every contentious decision. Not for much longer, if the Football Association has its way. Pushy parents are to be held back...
David Cameron has warned that an incoming Tory government might be forced to raise taxes because the economy will be in a dire state after the next election. The Conservative leader also hinted that he might scale back Gordon Brown's flagship tax credits scheme. He warned that...
LEADING ARTICLE CYCLING Nobody ever believed that Utopia would actually work, but it still comes as a disappointment when reality intrudes on idealism. This is surely one's immediate response to the news that in the year since Paris's free bike-hire scheme was introduced,...
BT showed its hand on next-generation broadband yesterday with a proposal to spend 1.5bn bringing super-fast access to up to 10 million households by 2012, contingent on Ofcom's agreement to regulatory changes. The communications giant is suspending its 2.5bn share buyback programme after just 1.8bn to help...
Articles 2008-07-16
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