Similar Search Results

Frey, Bruno S. - CESifo - 2009

This paper argues that the “Economics of Crime” concentrates too much on punishment as a policy to fight crime, which is unwise for several reasons. There are important instances in which punishment simply cannot reduce crime. Several feasible alternatives to punishment exist, such as...

Persistent link: https://www.econbiz.de/10005013061

What is an Award Worth? An Econometric Assessment of the Impact of Awards on Employee Performance

Neckermann, Susanne; Cueni, Reto; Frey, Bruno S. - CESifo - 2009

Behavioral economics documents the importance of status and self-image concerns in the workplace, but is largely silent about how to instrumentalize them to induce effort. Awards - widespread in the corporate sector and elsewhere - are motivators that derive their value from such social...

Persistent link: https://www.econbiz.de/10004979427

Wage Policy and Endogenous Wage Rigidity: A Representative View From the Inside

Agell, Jonas; Bennmarker, Helge - CESifo - 2002

have an impact on attitudes concerning effort and motivation. …

Persistent link: https://www.econbiz.de/10005051594

Why are Small Firms Different? Managers’ Views

Agell, Jonas - CESifo - 2003

care about relative pay. I argue that these findings fit with behavioral stories of incentives and motivation, in …

Persistent link: https://www.econbiz.de/10005196276

Knight Fever – Towards an Economics of Awards

Frey, Bruno S. - CESifo - 2005

Awards in the form of orders, medals, decorations and titles are ubiquitous in monarchies and republics, private organizations, not-for-profit and profit-oriented firms. Nevertheless, economists have disregarded this kind of non-material extrinsic incentive.The demand for awards relies on an...

Persistent link: https://www.econbiz.de/10005406118

The Impact of Tax Incentives on the Economic Activity of Entrepreneurs

Harju, Jarkko; Kosonen, Tuomas - CESifo - 2013

results imply that entrepreneurs react to tax incentives along both real and avoidance margins, while the latter elasticity is …

Persistent link: https://www.econbiz.de/10010877859

A Simple Model of Service Offshoring with Time Zone Differences

Kikuchi, Toru; Long, Ngo Van - CESifo - 2010

conferred by time zone differences. We emphasize the role of the entrepreneurs, who decide how to produce business services (i … zone differences. We also show that in the presence of moving costs for entrepreneurs, technological improvements and the …

Persistent link: https://www.econbiz.de/10008572526

Entrepreneurship, Economic Conditions, and the Great Recession

Fairlie, Robert W. - CESifo - 2013

opportunities in the wage/salary sector leaving the net effect on entrepreneurship ambiguous. The most up-to-date microdata … entrepreneurship at the individual level to shed light on this question. Regression estimates indicate that local labor market … conditions are a major determinant of entrepreneurship. Higher local unemployment rates are found to increase the probability …

Persistent link: https://www.econbiz.de/10010877680

How Do Judgmental Overconfidence and Overoptimism Shape Innovative Activity?

Herz, Holger; Schunk, Daniel; Zehnder, Christian - CESifo - 2013

Recent field evidence suggests a positive link between overconfidence and innovative activities. In this paper we argue that the connection between overconfidence and innovation is more complex than the previous literature suggests. In particular, we show theoretically and experimentally that...

Persistent link: https://www.econbiz.de/10010877694

Liquidity Constraints, Household Wealth, and Entrepreneurship Revisited

Fairlie, Robert W.; Krashinsky, Harry A. - CESifo - 2012

A large body research shows a positive relationship between wealth and entrepreneurship and interprets the relationship … entrepreneurship and a different measure of wealth – net housing equity – for the two groups. Second, we examine the liquidity …

Persistent link: https://www.econbiz.de/10010877695