(SOLVED) In 1975 economist Sam Peltzman published a

study of the
In 1975 economist Sam Peltzman published a study of the In 1975, economist Sam Peltzman
published a study of the effects of recent safety regulations for automobiles. His results were
surprising: Increased safety standards for automobiles had no measurable effect on passenger
fatalities. Pedestrian fatalities in automobile accidents, however, increased. […]

The typical corporate executive s incentive package offers higher pay when The typical
corporate executive’s incentive package offers higher pay when the company’s stock does
well. One proposal for such executive merit pay is to instead pay executives based on whether
their firm’s stock price does better or worse than […]

Unlike in the previous question sometimes piece rates don t work Unlike in the previous
question, sometimes piece rates don’t work so well. Why might the following incentive
mechanisms turn out to be more trouble than they’re worth? a. An industrial materials company
pays welders by the number of welds […]

Why are salespeople so much more likely than other kinds Why are salespeople so much more
likely than other kinds of workers to be paid on a “piece rate” (i.e., on commission)? What is it
about the kind of work they do that makes the high-commission + low-base-salary combination
the […]

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The basketball player Tim Hardaway was once promised a big The basketball player Tim
Hardaway was once promised a big bonus if he made a lot of assists. Can you think of any
problems that such an incentive scheme might cause? Is this kind of incentive better or worse
than […]

Rawlsians support government income redistribution to the worst off members of Rawlsians
support government income redistribution to the worst-off members of society. If “society”
means the whole world, how much redistribution might be involved? In other words, what
fraction of people in the rich countries might have to give most […]

A Just thinking about yourself if you did not know a. Just thinking about yourself, if you did not
know in advance whether you were a Red, Blue, or Green person, would you rather live in
Society A, B, C, or D, discussed in the Rawls’s section of the chapter? […]

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