Showing 1 - 10 of 12
-tenure profiles. Most importantly we provide the first direct test of the relative validity of human capital and agency explanations … in accounting for upward-sloping earnings-tenure profiles; our findings strongly support the agency view. Our second area … of interest concerns employee ownership (many workers at our case are employee owners). Consistent with agency theory we …
Persistent link: https://www.econbiz.de/10005822365
Employers structure pay and employment relationships to mitigate agency problems. A large literature in economics … agency in employment relationships relies on highly stylized assumptions regarding human motivation, e.g., that employees … behavioral complexity and realism into models of agency within organizations. Specifically, we assess the insights gained by …
Persistent link: https://www.econbiz.de/10008560408
, norms that appear abstract and universal take into account the bargaining power of the two sides. The strong side bends the … norm in its favor and the weak side agrees: Stated fairness is a compromise with power. Second, in most situations … principles to actions is mainly the fact of individuals who behave more selfishly and who have a stronger bargaining power. The …
Persistent link: https://www.econbiz.de/10011279283
How do individuals shape societies? How do societies shape individuals? This paper develops a framework for studying the connections between micro and macro phenomena. The framework builds on two ingredients widely used in social science − population and variable. Starting with the simplest...
Persistent link: https://www.econbiz.de/10005039644
describing five sociobehavioral processes - comparison (including justice and self-esteem), status, power, identity, and … - comparison, status, and power - each associated with a distinctive mechanism, in particular, a distinctive rate of change of the …
Persistent link: https://www.econbiz.de/10005703470
paper presents a model of killing versus enslaving Caesar, based on a new theory which unifies justice, status, and power … of societies – justice-nonmaterialistic, status, and power-nonmaterialistic. Results cover members’ gains, effects of own …
Persistent link: https://www.econbiz.de/10005822039
five in the unification of three fundamental sociobehavioral forces - justice, status, and power - and the subsequent …
Persistent link: https://www.econbiz.de/10005822968
power depend on the configuration of agreements and disagreements; (2) Independence of mind reduces wage inequality, and …
Persistent link: https://www.econbiz.de/10005763454
This paper develops the mathematical foundations of comparison, referential, and relative (CRR) processes. The key ingredients are: (1) three kinds of terms; and (2) two kinds of relations. Combining the three terms - absolute amount, relative amount, and relative rank - with the two kinds of...
Persistent link: https://www.econbiz.de/10005700875
straightforward methods will achieve this; (ii) the main problem in DiD designs with grouped errors is instead low power to detect … real effects; and (iii) feasible GLS estimation combined with robust inference can increase power considerably whilst …
Persistent link: https://www.econbiz.de/10010713903