Showing 1 - 10 of 44
We develop a simple model that describes individuals’ self-assessments of
Persistent link: https://www.econbiz.de/10005036249
This article analyzes under which conditions a manager can motivate a junior worker by verbal communication, and explains why communication is often tied up with organizational choices as job enlargement and collaboration. Our model has two important features. First, the manager has more...
Persistent link: https://www.econbiz.de/10005450795
quality has been acquired or not, we compare the performance of a delegation structure with that of two voting procedures …. Delegation makes one's acceptance decision pivotal by definition. The decisiveness of one's vote in a voting procedure depends on …
Persistent link: https://www.econbiz.de/10005137291
We analyze a simple model of local public good provision in a country consisting of a large number of heterogeneous regions, each comprising two districts, a city and a village. When districts remain autonomous and local public goods have positive spillover effects on the neighbouring district,...
Persistent link: https://www.econbiz.de/10005137389
committee, in which a subset of members may meet prior to the voting in the committee and therefore has the possibility to reach … consensus ex ante to vote unanimously ex post. We allow for different committee sizes, various voting rules and differences in … on the setting of interest rates by the committee, provided that members on average are equally skilled and voting takes …
Persistent link: https://www.econbiz.de/10005504955
A firm may induce voters or elected politicians to support a policy it favors by suggesting that it is more likely to invest in a district whose voters or representatives support the policy. In equilibrium, no one vote may be decisive, and the policy may gain strong support though the majority...
Persistent link: https://www.econbiz.de/10004964459
This paper develops one possible argument why auctioning licenses to op- erate in an aftermarket may lead to higher prices in the aftermarket compared to a more random allocation mechanism. Key ingredients in the argument are differences in firms' risk attitudes and the fact that future market...
Persistent link: https://www.econbiz.de/10005137048
We combine a survey and an experiment with real pay-out among Peking University students to measure and validate … individual risk attitudes. The experiment involves choosing between a cash payment and playing a lottery. The survey questions …
Persistent link: https://www.econbiz.de/10008838614
We develop models of optimal linear and non-linear income taxation with endogenous human capital formation to explore …
Persistent link: https://www.econbiz.de/10005136992
This paper points out the importance of Stochastic Dominance (SD) efficient sets being convex. We review
Persistent link: https://www.econbiz.de/10008513225