Similar Search Results

Lang, Matthias - 2014

Should principals explain and justify their evaluations? Suppose the principal's evaluation is private information, but … space is restricted, but the message is costless. I show that the principal justifies her evaluation to the agent if the … evaluation indicates bad performance. The justification assures the agent that the principal has not distorted the evaluation …

Persistent link: https://www.econbiz.de/10010361447

Leniency programs in a multimarket setting : amnesty plus and penalty plus

Roux, Catherine (contributor); … - 2007

Persistent link: https://www.econbiz.de/10003497719

Toward an understanding of why suggestions work in charitable fundraising : theory and evidence from a natural field experiment

Edwards, James T.; List, John A. - 2013

People respond to those who ask. Within the charitable fundraising community, the power of the ask represents the backbone of most fundraising strategies. Despite this, the optimal design of communication strategies has received less formal attention. For their part, economists have recently...

Persistent link: https://www.econbiz.de/10010223436

Linguistic metrics for patent disclosure: evidence from university versus corporate patents

Kong, Nancy; Dulleck, Uwe; Jaffe, Adam B.; Sun, Shupeng; … - 2020

Encouraging inventors to disclose new inventions is an important economic justification for the patent system, yet the technical information contained in patent applications is often inadequate and unclear. This paper proposes a novel approach to measure disclosure in patent applications using...

Persistent link: https://www.econbiz.de/10012291859

Public discourse and socially responsible market behavior

Bartling, Björn; Valero, Vanessa; Weber, Roberto A.; … - 2020

We investigate the causal impact of public discourse on socially responsible market behavior. We conduct laboratory market experiments with products that differ in their production costs and social impact, and provide market actors and impacted third parties with the opportunity to discuss...

Persistent link: https://www.econbiz.de/10012271770

Spin doctors : a model and an experimental investigation of vague disclosure

Deversi, Marvin; Ispano, Alessandro; Schwardmann, Peter - 2018

Unfavorable news are often delivered under the disguise of vagueness. But are people sufficiently naive to be fooled by such positive spin? We use a theoretical model and a laboratory experiment to study the strategic use of vagueness in a voluntary disclosure game. Consider a sender who aims at...

Persistent link: https://www.econbiz.de/10011903726

Tax strategy disclosure : a greenwashing mandate?

Bilicka, Katarzyna A.; Casi-Eberhard, Elisa; Seregni, Carol - 2022 - This version: April 2022

Firms constantly face new and more stringent tax disclosure requirements and, increasingly, paying a fair share of tax is seen as part of corporate social responsibility. In this paper, we investigate whether mandating qualitative tax disclosure leads to intended outcomes, using, as an exogenous...

Persistent link: https://www.econbiz.de/10012508711

Exchange rate forecasters' performance : evidence of skill?

McDonald, Ronald H.; Menkhoff, Lukas; Rebitzky, Rafael R. - 2009

This paper sheds new light on a long-standing puzzle in the international finance literature, namely, that exchange rate expectations appear inaccurate and even irrational. We find for a comprehensive dataset that individual forecasters' performance is skill-based. 'Superior' forecasters show...

Persistent link: https://www.econbiz.de/10003832110

Rating assignments : lessons from international banks

Caporale, Guglielmo Maria; Matousek, Roman; Stewart, Chris - 2009

This paper estimates ordered logit and probit regression models for bank ratings which also include a country index to capture country-specific variation. The empirical findings provide support to the hypothesis that the individual international bank ratings assigned by Fitch Ratings are...

Persistent link: https://www.econbiz.de/10003832133

Research governance in academia : are there alternatives to academic rankings?

Osterloh, Margit; Frey, Bruno S. - 2009

Peer reviews and rankings today are the backbone of research governance, but recently came under scrutiny. They take explicitly or implicitly agency theory as a theoretical basis. The emerging psychological economics opens a new perspective. As scholarly research is a mainly curiosity driven...

Persistent link: https://www.econbiz.de/10003887431