Showing 1 - 10 of 1,229
We theoretically and experimentally analyze the role of verifiability and privacy in strategic performance feedback …-serving biases and engage in non-Bayesian social comparisons in their interpretation of performance feedback. …
Persistent link: https://www.econbiz.de/10011389425
different performance technologies. We consider a setting where the principal can provide truthful information on agents …’ performances or strategically withhold feedback. We find that if team performance is determined by the best performer (the "best …, in which case no feedback is best. If, on the other hand, team performance is determined by the worst performer (the …
Persistent link: https://www.econbiz.de/10011737852
We ran a field experiment to investigate whether individual performance in teams depends on the gender of the leader … work of the team. We find a positive and significant effect of female leadership on team performance. This effect is driven … by the higher performance of team members in female led teams rather than due to an improvement in the leader …
Persistent link: https://www.econbiz.de/10014078391
Economic theory on the subject of barriers to entry focuses almost exclusively on firms seeking to preserve market power and economic profits. In this paper, we propose that, under certain circumstances, firms may instead choose to reduce barriers to entry as a profit-maximizing mechanism. We...
Persistent link: https://www.econbiz.de/10012968455
We model organizational decision making as costless pre-play communication. Decision making is called authoritarian if … mutual trust to implement socially optimal outcomes. -- Organizational decision making ; coordination games ; communication …
Persistent link: https://www.econbiz.de/10003373747
The paper presents experimental evidence on the impact of managers and their incentives on the behavior of group members in intergroup contests. I find that members follow the nonbinding investment recommendations of their group manager in particular if the managers payoff does not depend on the...
Persistent link: https://www.econbiz.de/10010340540
literature emphasizes the idea that cash-based bonus plans play an important communication role in which a board’s performance …
Persistent link: https://www.econbiz.de/10013216529
Persistent link: https://www.econbiz.de/10010506459
The prevalent market structures found in many resource markets consist of a high concentration on the supply side and a low demand elasticity. Market results are therefore frequently assumed to be an outcome of strategic interaction between producers. Common models to investigate the market...
Persistent link: https://www.econbiz.de/10010530599
The tradable or transferable permit system, "cap and trade", is one of the most innovative policy options developed by environmental economists. Over the last 40 years, cap and trade programs have been used around the globe by some of the world’s biggest economies. By placing a cap on a bad,...
Persistent link: https://www.econbiz.de/10011992341