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
We elicit subjects' willingness to pay to reduce future risk. In our experiments, subjects are given a cash endowment and a risky lottery. They report their willingness to pay to exchange the risky lottery for a safe one. Subjects play the lottery either immediately, eight weeks later, or...
Persistent link: https://www.econbiz.de/10004988529
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
developed country, to where it matters the most, the field in a developing country. In our experiment a candidate proposes a …
Persistent link: https://www.econbiz.de/10005100538