Showing 1 - 10 of 169
A conflict of interest exists when a party to a transaction could potentially make a gain from taking actions that are detrimental to the other party in the transaction. This paper examines the economics of conflicts of interest in financial institutions and reviews the growing empirical...
Persistent link: https://www.econbiz.de/10012465965
We examine gender differences in misconduct punishment in the financial advisory industry. We find evidence of a "gender punishment gap": following an incident of misconduct, female advisers are 20% more likely to lose their jobs and 30% less likely to find new jobs relative to male advisers....
Persistent link: https://www.econbiz.de/10012455439
We present the results from a field experiment on team diversity. Individuals working as door-to-door canvassers for a … teammates and their supervisor) and external diversity (between teams and the individuals they canvassed). We observe team …
Persistent link: https://www.econbiz.de/10012510534
diversity (i.e., within the team) as well as vertical diversity (i.e., team to faculty advisor) and their effect on performance … course was run in multiple cohorts in otherwise identical formats except for the team formation mechanism used. In several … exogenous to the gender make-up of the entrepreneurial team, the positive performance effects can be interpreted as causal …
Persistent link: https://www.econbiz.de/10012510562
We fully solve an assignment problem with heterogeneous firms and multiple heterogeneous workers whose skills are imperfect substitutes, that is, when production is submodular. We show that sorting is neither positive nor negative and is characterized sufficiently by two regions. In the first...
Persistent link: https://www.econbiz.de/10012629510
A brief discussion of recent methods using the Hat Matrix for identifying leverage points, and clustering techniques for finding groups of data points is presented. The problem of identifying leverage groups is addressed, and a heuristic algorithm for identifying both leverage points and...
Persistent link: https://www.econbiz.de/10012478937
The effect of coworkers on the learning and the productivity of an individual is measured combining theory and data. The theory is a frictional equilibrium model of the labor market in which production and the accumulation of human capital of an individual are allowed to depend on the human...
Persistent link: https://www.econbiz.de/10012480831
created at firm formation and is inalienable from the founding team itself. To test this hypothesis, we exploit premature … deaths to identify the causal impact of losing a founding team member on startup performance. We find that the exogenous … separation of a founding team member due to premature death has a persistently large, negative, and statistically significant …
Persistent link: https://www.econbiz.de/10012482633
This paper estimates social effects of incentivizing people in teams. In two field experiments featuring exogenous team … formation and opportunities for repeated social interactions, we find large team effects that operate through social channels …. The team compensation system induced agents to choose effort as if they valued a marginal dollar of compensation for their …
Persistent link: https://www.econbiz.de/10012461970
In this paper, we display the tools and principles of personnel economics through a series of models aimed at addressing the questions posed above. We focus on the building blocks that form the foundation of personnel economics: the assumptions that both the worker and the firm are rational...
Persistent link: https://www.econbiz.de/10012464986