Showing 1 - 10 of 52
This articles investigates the recent trends in co-authorship in economics. Using data from more than 700.000 journal …
Persistent link: https://www.econbiz.de/10011309542
Economic research shows that candidates have a higher chance of getting (re-)elected when they have the luck that the world economy does well even though this is beyond their control and unrelated to their competence. Psychological research demonstrates that candidates increase their chances if...
Persistent link: https://www.econbiz.de/10010370176
matter of course that economics should become a natural science. Such a characterization misses an essential aspect of a …
Persistent link: https://www.econbiz.de/10011700543
Awards play a large role in the economics profession, which is documented by the large variety and number of awards …. However, little scientific attention has been devoted to them. This paper documents the prevalence of awards in the economics … profession and analyzes the number and type of awards received by the 1,200 leading economists included in Who's Who in Economics …
Persistent link: https://www.econbiz.de/10003806044
Contests between groups are plagued by intra-group externalities (freeriding). Yet, costless incentive schemes that entirely avoid free-riding within a group might not be desirable, neither individually nor socially. In contests among two groups, a relatively weak (i.e., small or unproductive)...
Persistent link: https://www.econbiz.de/10008653415
I analyze a model in which a principal offers a contract to an agent and can influence the agent’s marginal return of effort by the choice of the project mission. The principal's and the agents' mission preferences are misaligned, and the agents have unobservable intrinsic motivation levels. I...
Persistent link: https://www.econbiz.de/10011561184
Corporate scandals, reflected in excessive management compensation and fraudulent accounts, cause considerable damage. Agency theory’s insistence on linking the compensation of managers and directors as closely as possible to firm performance is a major reason for these scandals. They cannot...
Persistent link: https://www.econbiz.de/10002572375
of study. These differences can in most cases be attributed to self-selection. A notable exception is economics. Even … though self-selection is also important, training in economics has an unambiguous influence on the political attitudes: by … the time of graduation, economics students are about 6.2 percentage points more likely than they were as freshmen to agree …
Persistent link: https://www.econbiz.de/10011346275
An authority delegates a monitoring task to an agent. It can only observe the number of detected offenders, but neither the monitoring intensity chosen by the agent nor the resulting level of misbehavior. We provide a necessary and sufficient condition for the implementability of monitoring...
Persistent link: https://www.econbiz.de/10010256706
Research on leadership in economics has developed in parallel to the literature in management and psychology and links … fields could profit from enriching their approach with insights from the other field. We review and synthesize the economics … detailed understanding of transactional methods that economists have developed. We link the contributions in economics to a …
Persistent link: https://www.econbiz.de/10011560801