Showing 1 - 10 of 35
Using a large longitudinal, nationally representative workplace-level dataset, we explore the productivity gains associated with computer use and organizational redesign. The empirical strategy involves the estimation of a production function, augmented to account for technology use and...
Persistent link: https://www.econbiz.de/10005100694
be derived from reaching a better relative position. We use a real-effort experiment in which we permit individuals to …
Persistent link: https://www.econbiz.de/10008833344
This paper extends the standard work effort model by allowing workers to interact through networks. We investigate experimentally whether peer performances and peer contextual effects influence individual performances. Two types of network are considered. Participants in Recursive networks are...
Persistent link: https://www.econbiz.de/10011183662
A large number of our daily activities are routinized in the sense that they are done without explicit deliberation. We provide a first model that captures this phenomenon. In a dynamic setting routines arise endogenously from the necessity to economize on time and attention. Routines are shown...
Persistent link: https://www.econbiz.de/10005100850
This paper analyzes abuse of authority in a principal-supervisor-agent hierarchy under moral hazard. We characterize the optimal contracts when the supervisor takes advantage of his authority by blackmailing the agent. We show that the optimal policy for the principal is to deter abuse of...
Persistent link: https://www.econbiz.de/10005169018
We evaluate the impact of three auction mechanisms the BeckerDeGrootMarschak (BDM) mechanism, the second-price auction, and the random nth-price auction in the measurement of private willingness-to-pay and willingness-to-accept for a pure public good. Our results show that the endowment effect...
Persistent link: https://www.econbiz.de/10008543323
The World Trade Center attack has shed light on the urgent need to implement preventing measures against terrorism and to enhance cooperation in the global security system for all countries. However, international coordination cannot be taken for granted. It is often ineffective and likely to...
Persistent link: https://www.econbiz.de/10008559320
binary lottery procedure. The results reveal a partial crowding out of low risks in the first experiment. Crowding out is not … eliminated in the second experiment and it is not even significantly reduced. Finally, instead of the predicted separating …
Persistent link: https://www.econbiz.de/10008560183
We experimentally test whether risk aversion or ambiguity aversion can explain decisions in a learning-by-doing game. We first measure subjects' preferences toward risk and ambiguity, and then use these measures to predict behavior in the game. We find that ambiguity averse subjects pay more...
Persistent link: https://www.econbiz.de/10005100515
Our study considers the question of training in firms using an experimental laboratory approach. We investigate the following questions : What conditions, excluding external certification, will bring workers and employers to cooperate and share a rent generated by the workers' training? What...
Persistent link: https://www.econbiz.de/10005100535