Showing 1 - 10 of 11
Large companies are usually organized into business units, yet some activitiesare almost always centralized in a company-wide functional unit. We firstshow that organizations endogenously create an incentive conflict between functionalmanagers (who desire excessive standardization) and...
Persistent link: https://www.econbiz.de/10008860684
Persistent link: https://www.econbiz.de/10003384936
We present evidence on social incentives in the workplace, namely on whether workers’ behavioris affected by the presence of those they are socially tied to, even in settings where thereare no externalities among workers due to either the production technology or the compensationscheme in...
Persistent link: https://www.econbiz.de/10005870960
Persistent link: https://www.econbiz.de/10003313744
Persistent link: https://www.econbiz.de/10003525252
Persistent link: https://www.econbiz.de/10002144687
This paper analyses the empirical determinants of contract length, a key andyet neglected dimension of contractual … structure. I estimate contract length andcontract type jointly using original data on tenancy agreements signed between1870 and … 1880 in the district of Siracusa, Italy.The findings indicate that the choice of contract length is driven by theneed to …
Persistent link: https://www.econbiz.de/10005870994
We analyze optimal contracts and optimal matching patterns in a simple model of partnershipwhere there is a double-sided moral hazard problem and potential partners differ intheir productivity in two tasks. It is possible for one individual to accomplish both tasks (soleproduction) and there are...
Persistent link: https://www.econbiz.de/10008860709
This paper analyzes the theoretical underpinnings of high-frequency repayment, a featurein nearly all microfi…nance contracts that has been largely overlooked by theorists. The pervasive belief among practitioners that frequent repayment is critical in achieving high repaymentrates is puzzling....
Persistent link: https://www.econbiz.de/10008860716
This paper analyzes the role of public and private responsibility in the provision of publicgoods. We emphasize that a typical public good will require many different inputs whichraises the possibility of partnerships to exploit comparative advantages of different parties.But hold-up problems...
Persistent link: https://www.econbiz.de/10008860718