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Shutdown Contests in Multi-Plant Firms and Governmental Intervention

Kräkel, Matthias - Institute for the Study of Labor (IZA) - 2010

When a multi-plant firm must close one unit due to declining demand it can choose between two alternatives. On the one hand, the firm can announce a certain span of time in which the plants are evaluated according to relative performance with the least performing plant being shut down in the end...

Persistent link: https://www.econbiz.de/10008547892

Charity Auctions: A Field Experimental Investigation

Carpenter, Jeffrey; Holmes, Jessica; Matthews, Peter Hans - Institute for the Study of Labor (IZA) - 2004

empirically, about the properties of charity auctions. The small theoretical literature suggests that the all-pay auction should … price or all-pay raises the most money. Our experiment suggests that both the all-pay and second price formats are dominated … by the first price auction. Our design also allows us to identify differential participation as the source of the …

Persistent link: https://www.econbiz.de/10005762357

Spillover Effects of Unionisation on Non-members' Well-being

Haile, Getinet Astatike; Bryson, Alex; White, Michael - Institute for the Study of Labor (IZA) - 2014

The paper investigates whether unionisation has a spillover effect on wellbeing by comparing non-members in union and non-union workplaces. To this end, it adapts the social custom model of trade unions and goes on to conduct empirical analyses using linked employer-employee data and alternative...

Persistent link: https://www.econbiz.de/10010812505

Learning to Take Risks? The Effect of Education on Risk-Taking in Financial Markets

Black, Sandra E.; Devereux, Paul J.; Lundborg, Petter; … - Institute for the Study of Labor (IZA) - 2015

We investigate whether acquiring more education when young has long-term effects on risk-taking behavior in financial markets and whether the effects spill over to spouses and children. There is substantial evidence that more educated people are more likely to invest in the stock market....

Persistent link: https://www.econbiz.de/10011206862

The Determinants of Foreign Direct Investment Flows to the Federal Region of Kurdistan

Heshmati, Almas; Davis, Rhona - Institute for the Study of Labor (IZA) - 2007

The flow of foreign direct investment (FDI) has increased dramatically in the last two decades. However, the distribution of FDI is highly unequal and the competition among countries to attract foreign investors is fierce. This report investigates the determinants of FDI inflows to developing...

Persistent link: https://www.econbiz.de/10005762073

The Power of (No) Recognition: Experimental Evidence from the University Classroom

Hoogveld, Nicky; Zubanov, Nikolay - Institute for the Study of Labor (IZA) - 2014

We study the effect of recognition on performance with a field experiment involving first-year undergraduate students …

Persistent link: https://www.econbiz.de/10010884116

Are Teams Less Inequality Averse than Individuals?

He, Haoran; Villeval, Marie Claire - Institute for the Study of Labor (IZA) - 2014

We compare inequality aversion in individuals and teams by means of both within- and between-subject experimental designs, and we investigate how teams aggregate individual preferences. We find that team decisions reveal less inequality aversion than individual initial proposals in team...

Persistent link: https://www.econbiz.de/10010884177

Social Preferences and Lying Aversion in Children

Maggian, Valeria; Villeval, Marie Claire - Institute for the Study of Labor (IZA) - 2013

While previous research has shown that social preferences develop in childhood, we study whether this development is accompanied by reduced use of deception when lies would harm others, and increased use of deception to benefit others. In a sample of children aged between 7 and 14, we find...

Persistent link: https://www.econbiz.de/10010884178

The Individual and Joint Performance of Economic Preferences, Personality, and Self-Control in Predicting Criminal Behavior

Friehe, Tim; Schildberg-Hörisch, Hannah - Institute for the Study of Labor (IZA) - 2014

We explore the individual and joint explanatory power of concepts from economics, psychology, and criminology for criminal behavior. More precisely, we consider risk and time preferences, personality traits from psychology (Big Five and locus of control), and a self-control scale from...

Persistent link: https://www.econbiz.de/10010884182

Aging and Attitudes Towards Strategic Uncertainty and Competition: An Artefactual Field Experiment in a Swiss Bank

Madies, Thierry; Villeval, Marie Claire; Wasmer, Malgorzata - Institute for the Study of Labor (IZA) - 2012

We study the attitudes of junior and senior employees towards strategic uncertainty and competition, by means of a market entry game inspired by Camerer and Lovallo (1999). Seniors exhibit higher entry rates compared to juniors, especially when earnings depend on relative performance. This...

Persistent link: https://www.econbiz.de/10010884197

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