Narrow search
Showing 1 - 10 of 67
Cover Image
Do managers with limited liability take more risky decisions? : an information acquisition model
Malcomson, James M. - 2010
Risk-neutral individuals take more risky decisions when they have limited liability. Risk-neutral managers may not when … actions. The resulting decisions may be less, rather than more, risky. Making a decision after acquiring information provides … return. Further results on the form of contracts are also derived. -- managers ; risky decisions ; limited liability …
Persistent link: https://www.econbiz.de/10003937594
Cover Image
Team or individual : what determines workers' preferred bonus schemes?
Torsvik, Gaute - 2011
This paper uses data from a firm with team production to investigate the association between workers' productivity, risk aversion and preferred bonus scheme (team or individual). Standard economics make a strong prediction in this case. Workers persistently producing above the team average...
Persistent link: https://www.econbiz.de/10009383539
Cover Image
Noblesse oblige? : determinants of survival in a life and death situation
Frey, Bruno S. (contributor); Savage, David A. (contributor) - 2008
cultural background matter. -- Decision under pressure ; altruism ; social norms ; interdependent preferences ; excess of …
Persistent link: https://www.econbiz.de/10003771813
Cover Image
How do migrants choose their destination country? : an analysis of institutional determinants
Geis, Wido; Übelmesser, Silke; Werding, Martin - 2008
For a long time, migration has been subject to intensive economic research. Nevertheless, empirical evidence regarding the determinants of migration still appears to be incomplete. In this paper, we analyze the effects of socio-economic and institutional determinants, especially labor-market...
Persistent link: https://www.econbiz.de/10003805994
Cover Image
Surviving the Titanic disaster : economic, natural and social determinants
Frey, Bruno S.; Savage, David A.; Torgler, Benno - 2009
enforced. This paper shows that economic analysis can account for human behavior in such situations. -- Decision under pressure …
Persistent link: https://www.econbiz.de/10003808139
Cover Image
Offshoring along the production chain
Harms, Philipp; Lorz, Oliver; Urban, Dieter M. - 2009
Recent contributions on offshoring often assume that firms can freely split their production process into separate steps which can be ranked according to the cost savings from producing abroad. We replace this assumption by the notion of a technologically determined sequence of production steps....
Persistent link: https://www.econbiz.de/10003808676
Cover Image
Central bank boards around the world : why does membership size differ?
Berger, Helge (contributor); Nitsch, Volker (contributor);  … - 2007
Persistent link: https://www.econbiz.de/10003462873
Cover Image
Market access through bound tariffs
Sala, Davide; Schröder, Philipp J. H.; Yalçin, Erdal - 2009
WTO negotiations deal predominantly with bound - besides applied - tariff rates. But, how can reductions in tariffs ceilings, i.e. tariff rates that no exporter may ever actually be confronted with, generate market access? The answer to this question relates to the effects of tariff bindings on...
Persistent link: https://www.econbiz.de/10003910492
Cover Image
A note on the design of experiments involving public goods
Graves, Philip E. - 2010
the public good and leisure is valuable. Existing experiments start with a given number of "tokens" for each decision … to (or simultaneously with) the decision of how to allocate that income between private and public goods. -- decision …
Persistent link: https://www.econbiz.de/10008697050
Cover Image
A market for connections
Miettinen, Topi; Poutvaara, Panu - 2012
resources and procurement managers. Due to anti-corruption laws, agents cannot sell contracts or positions that they are …
Persistent link: https://www.econbiz.de/10009535107