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Dynamic incentives in organizations: Success and inertia
Ruckes, Martin; Rønde, Thomas - 2010
We present a dynamic model in which an employee of a firm searches for business projects in a changing environment. It is costly to induce the employee who found a successful project in the past period to search for a new project. Past success can therefore result in profitreducing corporate...
Persistent link: https://www.econbiz.de/10010302621
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Dynamic incentives in organizations : success and inertia
Ruckes, Martin E.; Rønde, Thomas - 2010
We present a dynamic model in which an employee of a firm searches for business projects in a changing environment. It is costly to induce the employee who found a successful project in the past period to search for a new project. Past success can therefore result in profitreducing corporate...
Persistent link: https://www.econbiz.de/10008695543
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Equity links and information acquisition in biotechnology alliances
Filson, Darren; Morales, Rosa - 2001
We use a simple model of collaborative innovation to structure an empirical analysis of minority equity links in biotechnology alliances between clients and R&D firms. In the model, an equity link is an investment in information acquisition: it improves the ability of the client to learn about...
Persistent link: https://www.econbiz.de/10011560910
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The Pygmalion effect : an agency model with reference dependent preferences
Daido, Kohei; Itoh, Hideshi - 2005
with high expectations about his performance can be induced to choose high effort with low-powered incentives. We then show …
Persistent link: https://www.econbiz.de/10010261169
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On Horns and Halos: Confirmation Bias and Job Rotation
Müller, Daniel - 2010
Confirmation bias, which refers to unintentional and unknowing selectivity in the use of evidence, belongs to the major problems faced by organizations. In this article, we discuss job rotation as a natural solution to this problem. In a nutshell, adopting job rotation provides an organization...
Persistent link: https://www.econbiz.de/10010270428
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Risikomanagement unter dem Aspekt der Betrieblichen Gesundheitsförderung
Ziesche, Anja - 2007
Unternehmen sind immer stärker von dem eingestellten Personal und dessen Arbeitshaltung zu den Kunden und zum Arbeitgeber abhängig. Der Unternehmenserfolg ist eng mit ihrer Leistungsfähigkeit verknüpft. In Deutschland gibt es ein niedriges Krankheitsniveau, der Druck auf die Beschäftigten...
Persistent link: https://www.econbiz.de/10010297092
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Examination of the individual competencies that differentiate results in direct sales
Sypniewska, Barbara A. - In: Contemporary economics 7 (2013) 1, pp. 83-100
The importance of knowledge and skills in meeting new challenges in production and distribution is particularly evident in today’s market, which is characterized by a saturation of products and strong competition. To be successful in the market, companies must stand out and be creative and...
Persistent link: https://www.econbiz.de/10009770333
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The Power of Repentance : Penitents (Baalei Teshuvah) of the Talmud and Midrash
Friedman, Hershey H. - 2019
Talmudic stories are a method used by the ancient sages to teach us about ethics and morality. The stories in this paper deal with penitent (baalei teshuva) who returned to God. It is clear from these stories that it is vital for people to help others repent. One great sage even offered his...
Persistent link: https://www.econbiz.de/10012861879
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Comparative Incentive Systems
Coccia, Mario - 2019
motivates people and creates favorable environmental conditions to maximize performance to achieve specific goals in …
Persistent link: https://www.econbiz.de/10012889370
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Family or Nonfamily? CEO Appointment in a Multitask Model with Economic and Non-Economic Tasks
Kragl, Jenny - 2019
economic explanation for this paradox, linked to the multitasking problem in managing family firms. We compare the performance … of family and non-family managers in a moral-hazard model with imperfect performance measures, where managerial tasks are …-economic goals. However, the more complementary the tasks, the more aligned the performance measure with the family's goals, and the …
Persistent link: https://www.econbiz.de/10012895440