Page 3 - Kenyan Public News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from Kenyan public. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In Kenyan Public Today - Breaking & Trending Today

Les économies africaines à la recherche d'un rebond post-Covid

Les économies africaines à la recherche d'un rebond post-Covid
la-croix.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from la-croix.com Daily Mail and Mail on Sunday newspapers.

Burkina Faso , Nairobi Area , Michael Chege , Mamadou Aliou Barry , International Monetary , For Africa , Same In English , Professor Michael Chege , Kenyan Public , Central Africa , புர்கினா ஃபாஸொ , நைரோபி பரப்பளவு , சர்வதேச பண , கெந்யந் பொது ,

Monitoring in Target Contracts: Theoryand Experiment in Kenyan Public Transit

Abstract
We develop a relational contracting model to study the role of monitoring in firms andevaluate the model experimentally in the field. Specifically, we introduce monitoring devicesinto commuter minibuses in Nairobi, Kenya, that track real-time vehicle driving behavior anddaily productivity. We randomize which minibus owners have access to these monitoring datausing a novel mobile app that we designed for the industry. In line with model predictions,we find that treated vehicle owners modify the terms of the contract by decreasing the transferthey demand in exchange for higher effort and lower risk-taking. Drivers respond accordingly byworking more hours and decreasing risky driving behavior associated with higher repair costs.As a result, firm costs fall and profits increase. Structural estimation via simulated method ofmoments demonstrates a close match of the data to the contract model and suggests overallwelfare increases stemming from lower firm costs. ....

Nairobi Area , Enterprise Development In Low Income Countries , Private Enterprise Development , Low Income Countries , Target Contracts , Theoryand Experiment , Kenyan Public , நைரோபி பரப்பளவு , நிறுவன வளர்ச்சி இல் குறைந்த வருமானம் நாடுகள் , ப்ரைவேட் நிறுவன வளர்ச்சி , குறைந்த வருமானம் நாடுகள் , இலக்கு ஒப்பந்தங்கள் , கெந்யந் பொது ,