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Treating equals unequally : incentives in teams, workers' motivation and production technology

Goerg, Sebastian (contributor); Kube, Sebastian (contributor) - 2007

The importance of fair and equal treatment of workers is at the heart of the debate in organizational management. In this regard, we study how reward mechanisms and production technologies affect effort provision in teams. Our experimental results demonstrate that unequal rewards can potentially...

Persistent link: https://www.econbiz.de/10003612759

Herding with and without payoff externalities - an internet experiment

Drehmann, Mathias (contributor); … - 2004 - [Elektronische Ressource]

effects, first-mover advantage, etc.) in a standard information-based herding model. Our results are based on an internet …) in the context of herding.-- information cascades ; herding ; network effects ; experiment ; internet …

Persistent link: https://www.econbiz.de/10002235094

Optimal seedings in elimination tournaments revisited

Kräkel, Matthias - 2011

The paper addresses the problem of optimally matching heterogeneous players in a two-stage two-type Lazear …

Persistent link: https://www.econbiz.de/10009748248

Assignment games with externalities and matching-based Cournot competition

Chen, Bo - 2013

existence of equilibrium. We then apply the solution concept to a matching-based Cournot model in which the unit production cost … technology and human capital are complementary, the positive assortative matching (PAM) is a stable matching under rational … marginal effects of technology and human capital, the PAM is still a rational stable matching. However, if the substitutive …

Persistent link: https://www.econbiz.de/10010191642

Directed search with multiple job applications

Galenianos, Manolis (contributor); … - 2005

We develop an equilibrium directed search model of the labor market where workers can simultaneously apply for multiple jobs. The main result is that all equilibria exhibit wage dispersion despite the fact that workers and firms are homogeneous. Wage dispersion is driven by the simultaneity of...

Persistent link: https://www.econbiz.de/10003055993

Pricing heterogeneous goods under ex post private information

Herbst, Holger - 2015

differentiated goods, but have private information about their intensity of preferences. In the second period, each individual …

Persistent link: https://www.econbiz.de/10011430431

Signaling in first-price auctions

Rieck, Thomas - 2010

It is commonly assumed in private value auctions that bidders have no information about the realization of the other …-price auction model. Finally, we use a specific signaling structure with uniform distributions to show that signaling need not be … beneficial for any precision of the signal. -- Asymmetric auction ; first-price auction ; signaling …

Persistent link: https://www.econbiz.de/10009124829

On the value of deadlines

Herweg, Fabian (contributor); Müller, Daniel (contributor) - 2008

Earlier work has shown that procrastination can be explained by quasihyperbolic discounting. We present a model of effort choice over time that shifts the focus away from completion to performance on a single task. We show that quasi-hyperbolic discounting is detrimental for performance. More...

Persistent link: https://www.econbiz.de/10003782260

Optimal stopping with dynamic variational preferences

Engelage, Daniel - 2009

We consider optimal stopping problems in uncertain environments for an agent assessing utility by virtue of dynamic variational preferences as in [15] or, equivalently, assessing risk by dynamic convex risk measures as in [4]. The solutionis achieved by generalizing the approach in...

Persistent link: https://www.econbiz.de/10003878489

Forward looking behavior and empirical household consumption function

Jang, Insong - 2001

Modern consumer theories are built upon the premise of the forward looking behavior of households. While most of the empirical studies at micro level are based on Euler equation, there have been few to estimate the household consumption function and test the implication of forward looking...

Persistent link: https://www.econbiz.de/10011539196