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Entrepreneurial ventures and the developmental state : lessons from the advanced economies
Lazonick, William - 2008
might achieve similar outcomes. This paper is organized around what I call "the theory of innovative enterprise", a … innovative enterprise provides the essential analytical link between entrepreneurship and development. Section 2 offers, as a … of the developmental state cannot be understood in abstraction from the dynamics of innovative enterprise. It is through …
Persistent link: https://www.econbiz.de/10009011705
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Tournament incentives in the field : gender differences in the workplace
Delfgaauw, Josse; Dur, Robert A. J.; Sol, Joeri; … - 2009
We ran a field experiment in a Dutch retail chain consisting of 128 stores. In a random sample of these stores, we introduced short-term sales competitions among subsets of stores. We find that sales competitions have a large effect on sales growth, but only in stores where the store's manager...
Persistent link: https://www.econbiz.de/10003896189
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Second-Degree Moral Hazard in a Real-World Credence Goods Market
Balafoutas, Loukas; Kerschbamer, Rudolf; Sutter, Matthias - 2013 - This version: 16 October 2013
Empirical literature on moral hazard focuses exclusively on the direct impact of asymmetric information on market outcomes, thus ignoring possible repercussions. We present a field experiment in which we consider a phenomenon that we call second-degree moral hazard - the tendency of the supply...
Persistent link: https://www.econbiz.de/10010193289
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Dynamic incentive effects of relative performance pay : a field experiment
Delfgaauw, Josse; Dur, Robert A. J.; Non, Jan Adrianus; … - 2013
We conduct a field experiment among 189 stores of a retail chain to study dynamic incentive effects of relative performance pay. Employees in the randomly selected treatment stores could win a bonus by outperforming three comparable stores from the control group over the course of four weeks....
Persistent link: https://www.econbiz.de/10010196033
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Second-degree moral hazard in a real-world credence goods market
Balafoutas, Loukas; Kerschbamer, Rudolf; Sutter, Matthias - 2013 - This version: 16 October 2013
Empirical literature on moral hazard focuses exclusively on the direct impact of asymmetric information on market outcomes, thus ignoring possible repercussions. We present a field experiment in which we consider a phenomenon that we call second-degree moral hazard – the tendency of the supply...
Persistent link: https://www.econbiz.de/10010199693
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Second-degree moral hazard in a real-world credence goods market
Balafoutas, Loukas; Kerschbamer, Rudolf; Sutter, Matthias - 2013
Empirical literature on moral hazard focuses exclusively on the direct impact of asymmetric information on market outcomes, thus ignoring possible repercussions. We present a field experiment in which we consider a phenomenon that we call second-degree moral hazard - the tendency of the supply...
Persistent link: https://www.econbiz.de/10010207314
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Second-degree moral hazard in a real-world credence goods market
Balafoutas, Loukas; Kerschbamer, Rudolf; Sutter, Matthias - 2013
Persistent link: https://www.econbiz.de/10010211414
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The effects of prize and noise in elimination tournaments : a natural field experiment
Delfgaauw, Josse; Dur, Robert A. J.; Non, Jan Adrianus; … - 2011
Persistent link: https://www.econbiz.de/10009720760
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Dynamic incentive effects of relative performance pay : a field experiment
Delfgaauw, Josse; Dur, Robert A. J.; Non, Jan Adrianus; … - 2010
Persistent link: https://www.econbiz.de/10008771833
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The effects of prize spread and noise in elimination tournaments : a natural field experiment
Delfgaauw, Josse; Dur, Robert A. J.; Non, Jan Adrianus; … - 2012
We conduct a natural field experiment in a large retail chain to test basic predictions of tournament theory regarding prize spread and noise. A random subset of the 208 stores participates in two-stage elimination tournaments. Tournaments differ in the distribution of prize money across winners...
Persistent link: https://www.econbiz.de/10009536598