Showing 1 - 10 of 49
}punishments and rewards to align incentives. Field data is mixed on whether, and to what extent, such informal incentive contracting …, the impact of ex post incentives on informal contracts between principals and agents in bargaining environments in which …
Persistent link: https://www.econbiz.de/10005556679
THE DEVELOPMENT SOCIAL RELATIONSHIP IN OUR TIMES IMPOSE A GROWING IMPORTANCE TO 'TRUST' AS A RESOURCE BETWEEN PERSONAL … REDUCING OF SOCIAL COMPLEXITY IN OUR NEAPOLITAN REALITY, WE ASSUME THAT IS BETTER TO 'RELIANCE' RATHER THAN TO TRUST. FOR THE …
Persistent link: https://www.econbiz.de/10005126102
GERMAN ABSTRACT: Wissensmanagement und Controlling werden seit Jahrzehnten parallel in der betriebswirt …
Persistent link: https://www.econbiz.de/10005413095
. However, the availability of penalizing incentives also creates hidden returns: if a principal expresses trust by voluntarily …We examine experimentally how Chief Executive Officers (CEOs) respond to incentives and how they provide incentives in … situations requiring trust and trustworthiness. As a control we compare the behavior of CEOs with the behavior of students. We …
Persistent link: https://www.econbiz.de/10005076520
-person trust game. Players are typed based on their recent track record as whether or not they are trusting (Players 1) and whether …
Persistent link: https://www.econbiz.de/10005125594
The future of electronic commerce will be shaped by open, heterogeneous and complex structures, consisting of networked marketplaces. Software agents will interact and negotiate on behalf of their human (or organizational) principals. Principals will be able to implement fraudulent strategies in...
Persistent link: https://www.econbiz.de/10005134563
Over the past 20 years, finance has become commodified. Firms increasingly obtain finance from securities markets, instead of borrowing from commercial banks with which they have long-term relationships, while Fannie Mae and Freddie Mac package a growing number of mortgages into bonds. When...
Persistent link: https://www.econbiz.de/10005134641
This paper presents a model of trust in which a principal chooses either to trust or monitor an agent who, in turn …, chooses either to honor or exploit that trust. The principal's decision of whether to trust or monitor is based on the … relative temptation an agent faces to exploit the principal's trust, which comprises two elements – the environmental …
Persistent link: https://www.econbiz.de/10005135015
on the creation of incentives to induce cooperation, this paper articulates a paradox of trust in that if one trusts … which there are incentives to trust, and the other in which appropriate incentives are absent. …This paper examines the concepts of trust and trustworthiness in the context of a one-sided variation of the prisoner …
Persistent link: https://www.econbiz.de/10005135123
This paper surveys research on social capital. We explore the concepts that motivate the social capital literature, efforts to formally model social capital using economic theory, the econometrics of social capital, and empirical studies of the role of social capital in various socioeconomic...
Persistent link: https://www.econbiz.de/10005062449