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Schlicht, Ekkehart - Institute for the Study of Labor (IZA) - 2011

modern compensation theory, but has not been extended to organization theory. The perspective sheds new light on several … topics in the theory of the firm, like the boundaries of the firm, the importance of fairness concerns within firms, the … attenuation of incentives, or the role of routines and incentives. It implies a perceptional theory of the firm that is realistic …

Persistent link: https://www.econbiz.de/10009251371

Institution Formation and Cooperation with Heterogeneous Agents

Kube, Sebastian; Schaube, Sebastian; … - Institute for the Study of Labor (IZA) - 2014

Driven by an ever-growing number of studies that explore the effectiveness of institutional mechanisms meant to mitigate cooperation problems, recent years have seen an increasing interest in the endogenous implementation of these institutions. In this paper, we test within a unified framework...

Persistent link: https://www.econbiz.de/10010959561

Using Happiness Surveys to Value Intangibles: The Case of Airport Noise

Praag, Bernard M. S. van; Baarsma, Barbara E. - Institute for the Study of Labor (IZA) - 2004

Inhabitants of houses near Amsterdam Airport are complaining of noise nuisance, caused by aircraft traffic. The usual assumption is that the effect of the externality will be perfectly reflected by house price differentials. This is based on the implicit assumption that there is a...

Persistent link: https://www.econbiz.de/10005762138

Community Norms and Organizational Practices: The Legitimization of Wage Arrears in Russia, 1992-1999

Earle, John S.; Spicer, Andrew; Peter, Klara Sabirianova - Institute for the Study of Labor (IZA) - 2004

under difficult economic conditions. We develop an alternative theory that explains wage arrears through their acceptance as …

Persistent link: https://www.econbiz.de/10005761724

Contract Violations, Neighborhood Effects, and Wage Arrears in Russia

Earle, John S.; Sabirianova Peter, Klara - Institute for the Study of Labor (IZA) - 2004

We present a model of neighborhood effects in wage payment delays. Positive feedback arises because each employer’s arrears affect the late payment costs faced by other firms in the same local labor market, resulting in a strategic complementarity in the practice. The model is estimated on...

Persistent link: https://www.econbiz.de/10005763706

Social Evolution, Corporate Culture, and Exploitation

Schlicht, Ekkehart - Institute for the Study of Labor (IZA) - 2002

It has been claimed that the market fosters selfishness and thereby undermines the moral basis of society. This thesis has been developed with an emphasis on market exchange. Everyday life is, however, predominantly shaped by interactions in the workplace rather than by shopping behaviour. This...

Persistent link: https://www.econbiz.de/10005566784

Labour-Market Institutions and the Dispersion of Wage Earnings

Salverda, Wiemer; Checchi, Daniele - Institute for the Study of Labor (IZA) - 2014

Considering the contribution of the distribution of individual wages and earnings to that of household incomes we find two separate literatures that should be brought together, and bring 'new institutions' into play. Growing female employment, rising dual-earnership and part-time employment...

Persistent link: https://www.econbiz.de/10010884144

Identity Changes and the Efficiency of Reputation Systems

Wibral, Matthias - Institute for the Study of Labor (IZA) - 2014

Reputation systems aim to induce honest behavior in online trade by providing information about past conduct of users. Online reputation, however, is not directly connected to a person, but only to the virtual identity of that person. Users can therefore shed a negative reputation by creating a...

Persistent link: https://www.econbiz.de/10010884234

The Effect of Communication Channels on Promise-Making and Promise-Keeping

Conrads, Julian; Reggiani, Tommaso - Institute for the Study of Labor (IZA) - 2014

This paper investigates the effect of different communication channels on promise-making and promise-keeping in a helping situation. Four treatments differ with respect to the communication channel employed to solicit unincentivized cooperation, i.e., face-to-face, phone call and two different...

Persistent link: https://www.econbiz.de/10010959794

Efficient Coordination in Weakest-Link Games

Riedl, Arno; Rohde, Ingrid M.T.; Strobel, Martin - Institute for the Study of Labor (IZA) - 2011

Existing experimental research on behavior in weakest-link games shows overwhelmingly the inability of people to coordinate on the efficient equilibrium, especially in larger groups. We hypothesize that people are able to coordinate on efficient outcomes, provided they have sufficient freedom to...

Persistent link: https://www.econbiz.de/10009403395

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