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Self-Confidence: Intrapersonal Strategies

Bénabou, Roland; Tirole, Jean - C.E.P.R. Discussion Papers - 2000

career decisions. People generally have imperfect knowledge about their abilities, which in most tasks are complementary to …

Persistent link: https://www.econbiz.de/10005136755

Willpower and Personal Rules

Bénabou, Roland; Tirole, Jean - C.E.P.R. Discussion Papers - 2002

This Paper studies the internal commitment mechanisms or ‘personal rules’ (diets, exercise regimens, resolutions, moral or religious precepts, etc.) through which people seek to achieve self-control. Our theory is based on the idea of self-reputation over one’s willpower, which potentially...

Persistent link: https://www.econbiz.de/10005136762

Good Jobs versus Bad Jobs: Theory and Some Evidence

Acemoglu, Daron - C.E.P.R. Discussion Papers - 1997

This paper offers a model of the interaction between composition of jobs and labour market regulation. Ex-post rent-sharing due to search frictions implies that ‘good’ jobs which have higher creation costs must pay higher wages. This wage differential distorts the composition of jobs, and in...

Persistent link: https://www.econbiz.de/10005662323

Why do Firms Train? Theory and Evidence

Acemoglu, Daron; Pischke, Jörn-Steffen - C.E.P.R. Discussion Papers - 1996

This paper offers and tests a theory of training whereby workers do not pay for general training they receive. The crucial ingredient in our model is that the current employer has superior information about the worker’s ability relative to other firms. This informational advantage gives the...

Persistent link: https://www.econbiz.de/10005791865

Self-Confidence & Social Interactions

Bénabou, Roland; Tirole, Jean - C.E.P.R. Discussion Papers - 2000

, at school, and in personal relationships. Because a person generally has only imperfect knowledge of his own abilities …

Persistent link: https://www.econbiz.de/10005656299

The Structure of Wages and Investment in General Training

Acemoglu, Daron; Pischke, Jörn-Steffen - C.E.P.R. Discussion Papers - 1998

In the standard model of human capital with perfect labor markets, workers pay for general training. When labor market frictions compress the structure of wages, firms may invest in the general skills of their employees. The reason is that the distortion in the wage structure turns...

Persistent link: https://www.econbiz.de/10005656301

Self Control in Peer Groups

Battaglini, Marco; Bénabou, Roland; Tirole, Jean - C.E.P.R. Discussion Papers - 2002

People with a self-control problem often seek relief through social interactions rather than binding commitments. Thus, in self-help groups like Alcoholics Anonymous, Narcotics Anonymous etc, members are said to achieve better personal outcomes by mainly sharing their experiences. In other...

Persistent link: https://www.econbiz.de/10005656406

Minimum Wages and On-the-Job Training

Acemoglu, Daron; Pischke, Jörn-Steffen - C.E.P.R. Discussion Papers - 1999

Becker's theory of human capital predicts that minimum wages should reduce training investments for affected workers, because they prevent these workers from taking wage cuts necessary to finance training. We show that when the assumption of perfectly competitive labour markets underlying this...

Persistent link: https://www.econbiz.de/10005661835

The Environment and Directed Technical Change

Acemoglu, Daron; Aghion, Philippe; Bursztyn, Leonardo; … - C.E.P.R. Discussion Papers - 2011

dirty innovation and production; (ii) optimal policy involves both .carbon taxes. and research subsidies, so that excessive … the switch to clean innovation under laissez-faire when the two inputs are substitutes. Under reasonable parameter values …

Persistent link: https://www.econbiz.de/10009365645

The Effects of Entry on Incumbent Innovation and Productivity

Aghion, Philippe; Blundell, Richard William; Griffith, … - C.E.P.R. Discussion Papers - 2005

How does firm entry affect innovation incentives and productivity growth in incumbent firms? Micro-data suggests that … sectors which differ by their distance to the technological frontier. We show that entry threat spurs innovation incentives in … technologically advanced sectors - successful innovation allows incumbents to prevent entry. In laggard sectors it discourages …

Persistent link: https://www.econbiz.de/10005114280