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Genes, Legitimacy and Hypergamy: Another Look at the Economics of Marriage

Saint-Paul, Gilles - C.E.P.R. Discussion Papers - 2008

In order to credibly "sell" legitimate children to their spouse, women must forego more attractive mating opportunities. This paper derives the implications of this observation for the pattern of matching in marriage markets, the dynamics of human capital accumulation, and the evolution of the...

Persistent link: https://www.econbiz.de/10005123619

The Need for Institutional Changes in the Global Financial System: An Analytical Framework

Claessens, Stijn; Underhill, Geoffrey R D - C.E.P.R. Discussion Papers - 2005

international financial decision-making, also as it relates to the legitimacy of the international system in the eyes of the public …

Persistent link: https://www.econbiz.de/10005504421

Central Banks: Powerful, Political and Unaccountable?

Buiter, Willem H. - C.E.P.R. Discussion Papers - 2014

the preservation of the central bank’s legitimacy requires that a clear line be drawn between the central bank’s provision …

Persistent link: https://www.econbiz.de/10011084413

Diversity in Organizations

Mello, Antonio S; Ruckes, Martin - C.E.P.R. Discussion Papers - 2001

groups depends on the leader's authority to make personnel decisions, especially whether the leader can replace team members …

Persistent link: https://www.econbiz.de/10005666493

Optimal Information Management: Organizations versus Markets

Castanheira, Micael; Leppämäki, Mikko - C.E.P.R. Discussion Papers - 2003

full authority over the agents, or they hand over this authority to an outside supplier by outsourcing these activities. By … incorporating authority in a stylized model of information processing, we endogenize the comparative advantage of each form of … authority is optimal. We also show which tasks should be outsourced to align the preferences of the outside supplier with those …

Persistent link: https://www.econbiz.de/10005666539

Resource Allocation and Firm Scope

Friebel, Guido; Raith, Michael - C.E.P.R. Discussion Papers - 2006

We develop a theory of firm scope in which integrating two firms into one facilitates the allocation of resources, but leads to weaker incentives for effort, compared with non-integration. Our theory makes minimal assumptions about the underlying agency problem. Moreover, the benefits and costs...

Persistent link: https://www.econbiz.de/10005666612

Why a Group Needs a Leader: Decision-making and Debate in Committees.

Dessein, Wouter - C.E.P.R. Discussion Papers - 2007

the ultimate decision is either taken by a leader (decision by authority) or by majority vote. Optimal communication …

Persistent link: https://www.econbiz.de/10005792030

Family Ties and Organizational Design: Evidence from Chinese Private Firms

Cai, Hongbin; Li, Hongbin; Park, Albert; Zhou, Li-An - C.E.P.R. Discussion Papers - 2010

Analyzing data from a unique survey of managers of Chinese private firms, we investigate how family ties with firm heads affect managerial compensation and job assignment. We find that family managers earn higher salaries and receive more bonuses, hold higher positions, and are given more...

Persistent link: https://www.econbiz.de/10008468597

The Impact of Organizational Structure and Lending Technology on Banking Competition

Degryse, Hans; Laeven, Luc; Ongena, Steven - C.E.P.R. Discussion Papers - 2007

communication technology, have a wider span of organization, and are further removed from a decision unit with lending authority …

Persistent link: https://www.econbiz.de/10005136523

The Demand for Coordination

Dessein, Wouter; Santos, Jesus - C.E.P.R. Discussion Papers - 2003

This paper endogenizes coordination problems in organizations by allowing for both ex ante coordination of activities, using rules and task guidelines, and ex post coordination, using communication and broad job assignments. It shows that: (i) Task specialization and the division of labour is...

Persistent link: https://www.econbiz.de/10005497860