Showing 1 - 10 of 276
knowledge sector is bounded, as productivity increases, the economy moves from a ‘Solovian zone’ where wages increase with … their bliss point can only be made better off by an increase in diversity. If wages are set by monopoly unions rather than … always reduces employment in the material goods sector. International trade may reduce wages in poor countries and increase …
Persistent link: https://www.econbiz.de/10005124380
This paper analyzes how private decisions and public policies are shaped by personal and societal preferences (values), material or other explicit incentives (laws) and social sanctions or rewards (norms). It first examines how honor, stigma and social norms arise from individuals’ behaviors...
Persistent link: https://www.econbiz.de/10009371470
the agent's motivation to perform well. Before the agent chooses his performance, the principal in our experiment decides …
Persistent link: https://www.econbiz.de/10005124063
effort. Self-confidence thus enhances motivation, and this gives a time--inconsistent individual a strong incentive to build …
Persistent link: https://www.econbiz.de/10005136755
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
We build a theory of prosocial behaviour that combines heterogeneity in individual altruism and greed with concerns for social reputation or self-respect. The presence of rewards or punishments creates doubt as to the true motive for which good deeds are performed, and this ‘overjustification...
Persistent link: https://www.econbiz.de/10005498047
- as stressed by psychologists - in that they undermine intrinsic motivation. As a result, they may be only weak … motivation, while offers of help may create a dependence. More generally, we identify when the hidden costs of rewards are a myth …
Persistent link: https://www.econbiz.de/10005656299
We estimate the effect of imported machines on the wages of machine operators utilizing Hungarian linked employer … the worker. We find that workers exposed to imported machines earn about 8 percent higher wages than other machine …
Persistent link: https://www.econbiz.de/10008921775
This paper focuses on the determinants of self-employment among rural to urban migrants in China. Two self-selection mechanisms are analysed: the first relates to the manner in which migrants choose self-employment or paid work based on the potential gains from either type of employment; the...
Persistent link: https://www.econbiz.de/10009205061
This paper investigates the effects of services offshoring on wages using individual-level data combined with industry … real wages. Hence, offshoring has contributed to a widening of the wage gap between skilled and less skilled workers. This …
Persistent link: https://www.econbiz.de/10009359484