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Let's Talk: How Communication Affects Contract Design

Brandts, Jordi; Charness, Gary; Ellman, Matthew - Barcelona Graduate School of Economics (Barcelona GSE) - 2012

shock and a discretionary buyer transfer. In the absence of communication, we find that rigid contracts are more frequent … and lead to higher earnings for both buyer and seller. By contrast, in the presence of communication, flexible contracts … considerably more from flexible with communication than rigid without communication. Our results show quite strongly that …

Persistent link: https://www.econbiz.de/10010851445

Organisational structure, communication and group ethics

Ellman, Matthew; Pezanis-Christou, Paul - Barcelona Graduate School of Economics (Barcelona GSE) - 2007

consensus. Our 2-by-2 design also controls for communication effects. In our data, communication makes vertical firms more …

Persistent link: https://www.econbiz.de/10010547180

Legitimacy, Communication and Leadership in the Turnaround Game

Brandts, Jordi; Cooper, David J.; Weber, Roberto A. - Barcelona Graduate School of Economics (Barcelona GSE) - 2014

.e., a turnaround. We compare communication from leaders to incentive increases and also compare the effectiveness of … randomly selected and elected leaders. While all interventions yield shifts to more efficient equilibria, communication from …

Persistent link: https://www.econbiz.de/10010851357

Not Just Like Starting Over: Leadership and Revivification of Cooperation in Groups

Brandts, Jordi; Rott, Christina; Solà, Carles - Barcelona Graduate School of Economics (Barcelona GSE) - 2015

-way free form communication message sent by the leader to the followers strongly revives cooperation. We find evidence that … repeated free form communication by the leader further strengthens the reviving effect on cooperation. Combining the two … previous interventions does not outperform the pure effect of communication. Our content analysis reveals that leader …

Persistent link: https://www.econbiz.de/10011261233

Discrete Choice Estimation of Time Preferences

Apesteguía, José; Ballester, Miguel Angel - Barcelona Graduate School of Economics (Barcelona GSE) - 2014

Discrete choice methods are often used for the estimation of time preferences. We show that these methods have pervasive problems when based on random utility models, for which cases our results establish that the probability of selecting a later option over an earlier one may be greater for...

Persistent link: https://www.econbiz.de/10011253114

Productivity and the Welfare of Nations

Basu, Susanto; Pascali, Luigi; Schiantarelli, Fabio; … - Barcelona Graduate School of Economics (Barcelona GSE) - 2012

We show that the welfare of a representative consumer can be related to observable aggregate data. To a first order, the change in welfare is summarized by (the present value of) the Solow productivity residual and by the growth rate of the capital stock per capita. We also show that...

Persistent link: https://www.econbiz.de/10010547127

North-South Convergence and the Allocation of CO2 Emissions

Llavador, Humberto; Roemer, John E.; Silvestre, Joaquim - Barcelona Graduate School of Economics (Barcelona GSE) - 2010

We postulate a two-region world, comprised of North (calibrated after the US) and South (calibrated after China). Our optimization results show the compatibility of the following three desiderata: (1) Global CO2 emissions follow a conservative path that leads to the stabilization of...

Persistent link: https://www.econbiz.de/10010547479

On the Relative Efficiency of Performance Pay and Social Incentives

Gneezy, Uri; Rey-Biel, Pedro - Barcelona Graduate School of Economics (Barcelona GSE) - 2011

In contrast to the simplifying assumption of selfishness, social incentives have been shown to play a role in economic interactions. Before incorporating social incentives into models and policies, however, one needs to know their efficiency relative to standard pay-for-performance incentives....

Persistent link: https://www.econbiz.de/10010851328

The Role of Role Uncertainty in Modified Dictator Games

Iriberri, Nagore; Rey-Biel, Pedro - Barcelona Graduate School of Economics (Barcelona GSE) - 2009

We compare behavior in modified dictator games with and without role uncertainty. Subjects choose between a selfish action, a costly surplus creating action (altruistic behavior) and a costly surplus destroying action (spiteful behavior). While costly surplus creating actions are most frequent...

Persistent link: https://www.econbiz.de/10010851352

One Person in the Battlefield is not a warrior: Self-Construal, Perceived Ability to Make a Difference, and Socially Responsible Behavior

Cojuharenco, Irina; Cornelissen, Gert; Karelaia, Natalia - Barcelona Graduate School of Economics (Barcelona GSE) - 2011

We suggest that cultivating an individual‟s connectedness to others promotes socially responsible behavior both directly and indirectly through increased perceived ability to make a difference. Individuals whose interdependent self is more prominent feel they have more of an impact on larger...

Persistent link: https://www.econbiz.de/10010851355