Showing 1 - 10 of 1,589
This paper provides the first in-depth study of the organization of knowledge in multinational firms. The paper … transferees confirms the model predictions for multinationals' organization of knowledge. Data on German multinational firms … develops a theoretical model that studies how firms optimally split knowledge between their headquarters and their production …
Persistent link: https://www.econbiz.de/10013020512
this idea by discriminating between knowledge ascribable to managers' former job experience and that attributable to their … personal background. The paper uses a novel identification strategy grounded in on-the-job search theory to correct estimates …
Persistent link: https://www.econbiz.de/10012912671
Despite the relevance of cognitive and non-cognitive skills for professional success, their formation is not yet fully understood. This study fills part of this gap by analyzing the effect of sports club participation, one of the most popular extra-curricular activities, on children's skill...
Persistent link: https://www.econbiz.de/10013118501
This paper studies how organizational design affects moral outcomes. Subjects face the decision to either kill mice for money or to save mice. We compare a Baseline treatment where subjects are fully pivotal to a Diffused-Pivotality treatment where subjects simultaneously choose in groups of...
Persistent link: https://www.econbiz.de/10010877864
under pressure. On the basis of theory and available empirical insights, the paper outlines the conditions where specific …
Persistent link: https://www.econbiz.de/10010948889
Multinational institutions face an important trade-off when hiring personnel. On the one hand, hiring decisions are based, as in most organizations, on a candidate’s professional qualifications. On the other hand, multinational institutions often aim for broad national representation....
Persistent link: https://www.econbiz.de/10009294095
We show that essentially every communication equilibrium of any finite Bayesian game with two players can be implemented as a strategic form correlated equilibrium of an extended game, in which before choosing actions as in the Bayesian game, the players engage in a possibly infinitely long (but...
Persistent link: https://www.econbiz.de/10013128960
politico-economic equilibrium would essentially remain unchanged, due to a surge of social security transfers and crowding out …
Persistent link: https://www.econbiz.de/10013129861
This paper introduces the concept of emotions into the standard litigation contest. Positive (negative) emotions emerge when litigants win (lose) at trial and are dependent in particular on the level of defendant fault. Our findings establish that standard results of litigation contests change...
Persistent link: https://www.econbiz.de/10013129864
In a partial equilibrium setting without price uncertainty, the balanced-budget substitution of an ad valorem tax on output for a specific (unit) tax can enhance welfare in imperfectly competitive markets and is without impact in a competitive world. This paper demonstrates that a substitution...
Persistent link: https://www.econbiz.de/10013130099