Publication:
Motivational capital and incentives in health care organizations

Simple item page
dc.contributor.authorBerdud García-López, Mikel
dc.contributor.authorCabasés Hita, Juan Manuel
dc.contributor.authorNieto Vázquez, Jorge
dc.contributor.departmentEconomíaes_ES
dc.contributor.departmentEkonomiaeu
dc.date.accessioned2016-05-10T07:40:43Z
dc.date.available2016-05-10T07:40:43Z
dc.date.issued2014
dc.description.abstractThis paper explores optimal incentive schemes in public health institutions when agents (doctors) are intrinsically motivated. We develop a principal-agent dynamic model with moral hazard in which agents’ intrinsic motivation could be promoted (crowding-in) by combining monetary and non-monetary rewards, but could also be discouraged (crowding-out) when the health manager uses only monetary incentives. We discuss the conditions under which investing in doctors’ motivational capital by the use of well designed nonmonetary rewards is optimal for the health organizations manager. Our results show that such investments will be more efficient than pure monetary incentives in the long run. We will also prove that when doctors are riskaverse, it is profitable for the health manager to invest in motivational capital.en
dc.description.sponsorshipThe authors would like to thank the Spanish Ministry of Science and Innovation for financial support (Project ECO2009-12836).en
dc.format.extent34 p.
dc.format.mimetypeapplication/pdfen
dc.identifier.urihttps://academica-e.unavarra.es/handle/2454/20655
dc.language.isoengen
dc.relation.ispartofseriesDocumentos de Trabajo DE - ES Lan Gaiakes
dc.relation.ispartofseries1402en
dc.relation.projectIDinfo:eu-repo/grantAgreement/MICINN//ECO2009-12836/ES/en
dc.rightsCC Attribution-NonCommercial-NoDerivatives 4.0 International (CC BY-NC-ND 4.0)en
dc.rights.accessRightsAcceso abierto / Sarbide irekiaes
dc.rights.accessRightsinfo:eu-repo/semantics/openAccessen
dc.rights.urihttps://creativecommons.org/licenses/by-nc-nd/4.0/
dc.subjectContractsen
dc.subjectMoral hazarden
dc.subjectIntrinsic motivationen
dc.subjectCrowding effectsen
dc.subjectMotivational capitalen
dc.titleMotivational capital and incentives in health care organizationsen
dc.typeDocumento de trabajo / Lan gaiakes
dc.typeinfo:eu-repo/semantics/workingPaperen
dspace.entity.typePublication
relation.isAuthorOfPublication6072ac37-8930-4914-b5a4-ce210d245831
relation.isAuthorOfPublication1a8dab3a-5e54-4aa0-bc0f-7d7fa49b3268
relation.isAuthorOfPublication77894d5e-4e5f-4020-aa8f-63cba38c3bf1
relation.isAuthorOfPublication.latestForDiscovery6072ac37-8930-4914-b5a4-ce210d245831

Files

Original bundle
Now showing 1 - 1 of 1
Thumbnail Image
Name:
DT1402.PDF
Size:
803.47 KB
Format:
Adobe Portable Document Format
Download
License bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
1.71 KB
Format:
Item-specific license agreed to upon submission
Description:
Download

Collections

Documentos de trabajo DE - ES Lan Gaiak
Documentos de trabajo - Lan gaiak