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Bénabou, Roland - C.E.P.R. Discussion Papers - 2008

I develop a model of ideologies as collectively sustained (yet individually rational) distortions in beliefs concerning the proper scope of governments versus markets. In processing and interpreting signals of the efficacy of public and market provision of education, health insurance, pensions,...

Persistent link: https://www.econbiz.de/10005662410

Groupthink: Collective Delusions in Organizations and Markets

Bénabou, Roland - C.E.P.R. Discussion Papers - 2009

I develop a model of (individually rational) collective reality denial in groups, organizations and markets. Whether … signals. It also implies that in hierachical organizations realism or denial will trickle down, causing subordinates to take … groupthink and identifies a fundamental tension in organizations' attitudes toward free speech and dissent. …

Persistent link: https://www.econbiz.de/10005666620

Seemingly Irrelevant Events Affect Perceptions and Expectations - The FIFA World Cup 2006 as a Natural Experiment

Dohmen, Thomas J; Falk, Armin; Huffman, David; Sunde, Uwe - C.E.P.R. Discussion Papers - 2006

Prominent economic theories have emphasized the role of commonly held perceptions and expectations for determining macroeconomic outcomes. A key empirical question is how such collectively held beliefs are formed. We use the FIFA World Cup 2006 as a natural experiment. We provide direct evidence...

Persistent link: https://www.econbiz.de/10005791748

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

Belief in a Just World and Redistributive Politics

Bénabou, Roland; Tirole, Jean - C.E.P.R. Discussion Papers - 2005

International surveys reveal wide differences between the views held in different countries concerning the causes of wealth or poverty and the extent to which people are responsible for their own fate. At the same time, social ethnographies and experiments by psychologists demonstrate...

Persistent link: https://www.econbiz.de/10005504312

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

Field Experiments with Firms

Bandiera, Oriana; Barankay, Iwan; Rasul, Imran - C.E.P.R. Discussion Papers - 2011

We discuss how the use of field experiments sheds light on long standing research questions relating to firm behavior. We present insights from two classes of experiments: within and across firms, and draw common lessons from both sets. Field experiments within firms generally aim to shed light...

Persistent link: https://www.econbiz.de/10009493556

Biased Contests and Moral Hazard: Implications for Career Profiles

Meyer, Margaret A - C.E.P.R. Discussion Papers - 1992

We study the design of a sequence of two contests between a pair of identical risk averse employees whose effort choices are private information. It is optimal for the organization to `bias' the second contest in favor of the early winner - the reduction in second-period incentives is outweighed...

Persistent link: https://www.econbiz.de/10005667058

Organizations and Trade

Antràs, Pol; Rossi-Hansberg, Esteban - C.E.P.R. Discussion Papers - 2008

We survey an emerging literature at the intersection of organizational economics and international trade. We argue that a proper modelling of the organizational aspects of production provides valuable insights on the aggregate workings of the world economy. In reviewing the literature, we...

Persistent link: https://www.econbiz.de/10005791747

Monotone Matching In Perfect And Imperfect Worlds

Legros, Patrick; Newman, Andrew - C.E.P.R. Discussion Papers - 2000

We study frictionless matching models in large production economies with and without market imperfections and/or incentive problems. We provide necessary and sufficient distribution-free conditions for monotone matching which depend on the relationship between what we call the segregation payoff...

Persistent link: https://www.econbiz.de/10005123563