Showing 1 - 10 of 62
Many firms encourage employees to own company stock through share plans that subsidize the price at favorable rates, but even so many employees do not buy shares. Using a new survey of employees in a multinational with a share ownership plan, we find considerable variation in joining among...
Persistent link: https://www.econbiz.de/10008694942
There is increasing research on the exogenous impact of descriptive social norms on economic behavior. The research to date has a number of limitations: 1) it has not de-coupled the impact of the norm and the knowledge required to understand how to change behavior based upon it; 2) it has...
Persistent link: https://www.econbiz.de/10010662749
We study contractual arrangements that support an efficient use of time in a knowledge-intensive economy in which agents endogenously specialize in either production or consulting. The resulting market for advice is plagued by informational problems, since both the difficulty of the questions...
Persistent link: https://www.econbiz.de/10010945146
This paper shows that increasing product market competition can have a direct impact on the employment relationship and on wage inequality. I develop a simple model in which an increase in product market competition increases returns to skill through the effect of competition on the sensitivity...
Persistent link: https://www.econbiz.de/10005017132
Excessive preoccupation with self-image (or identity) is regarded as a factor contributing to the proliferation of food …
Persistent link: https://www.econbiz.de/10009368963
is the focus of this paper. It investigates the extent and determinants of British identity among those living in Britain …
Persistent link: https://www.econbiz.de/10005797262
There is a lot of evidence that identity matters for behavior. There is a widespread belief that societies will … function better if they manage to establish a common sense of identity among the population. And there are also contemporary … fears that this common identity is threatened in several countries. In this paper we investigate the correlates of various …
Persistent link: https://www.econbiz.de/10005037455
Incentive pay systems have undergone major changes in recent decades. This paper investigates use of incentive pay systems in British and French private sector establishments in 2004, focusing on payment-by-results, merit pay, and profit sharing, using British and French workplace surveys: WERS...
Persistent link: https://www.econbiz.de/10005220065
This paper develops a simple theory of pay structures and pay levels across heterogeneous agents by bringing together optimal contracts inside the firm and competitive resource allocation in the market. The central idea is that more talented people tend to create greater value but face larger...
Persistent link: https://www.econbiz.de/10009220237
We bridge a gap between organizational economics and strategy research by developing a task-based approach to analyze organizational knowledge, process and structure, and deriving testable implications for the relation between production and organizational structure. We argue that organization...
Persistent link: https://www.econbiz.de/10008694930