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Strong forces lead to a withering of academia as it exists today. The major causal forces are the rankings mania, increased division of labor in research, intense publication pressure, academic fraud, dilution of the concept of “university,” and inadequate organizational forms for modern...
Persistent link: https://www.econbiz.de/10013136878
degree of effective leadership and dramatically alter the prospects for change. The framework also naturally allows us to …
Persistent link: https://www.econbiz.de/10013316506
We present a field experiment in which we set up a call-center to study how the productivity of workers is affected if managers treat their co-workers in an unfair way. This question cannot be studied in long-lived organizations since workers may change their career expectations (and hence...
Persistent link: https://www.econbiz.de/10012929481
This paper investigates whether risk aversion and impatience are correlated with cognitive ability. We conduct incentive compatible choice experiments measuring risk aversion, and impatience over an annual time horizon, for a representative sample of roughly 1,000 German adults. A measure of...
Persistent link: https://www.econbiz.de/10013316382
I study a sequential-move public goods game based on the notion that leadership comes with an obligation; conscientious … leadership. Provision by the leader of an amount of the public good below a minimum imposes a psychological cost on the follower … conscientious leadership. I find that, under certain conditions, the follower's equilibrium contribution is an increasing or non …
Persistent link: https://www.econbiz.de/10012964625
This paper studies the efficiency of decentralized leadership in federations where selfish regional governments provide …. Without residential mobility, unlimited decentralized leadership is efficient only if the center implements redistributive … leadership is efficient if the center adopts redistributive interregional income and earmarked policies and there is a common …
Persistent link: https://www.econbiz.de/10012981293
We investigate the impacts of electricity market restructuring on fuel efficiency, utilization and, new to this area, cost of coal purchases among coal-fired power plants using a panel data set from 1991 to 2005. Our study focuses exclusively on coal-fired power plants and uses panel data...
Persistent link: https://www.econbiz.de/10013084009
What insights can be gained from bringing the theory of the firm to the global economy? I discuss several new features … of the world economy that can be explained by incorporating the theory of the firm into the theory of international trade …
Persistent link: https://www.econbiz.de/10013071383
Evidence of owners of small businesses engaging in tax motivated shifts in organizational form is scarce. The main reason is lack of micro data enabling us to track tax-payers' movements across organizational modes. By exploiting new panel data that combine information from several public...
Persistent link: https://www.econbiz.de/10012772138
We show how temporary ownership by private equity firms affects industry structure, competition and welfare. Temporary ownership leads to strong investment incentives because equilibrium resale prices are determined by buyers incentives to block rivals from obtaining assets. These incentives...
Persistent link: https://www.econbiz.de/10013078529