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Does market interaction erode moral values?
Bartling, Björn; Fehr, Ernst; Özdemir, Yagiz - 2020
The widespread use of markets leads to unprecedented material well-being in many societies. We study whether market interaction, as a side effect, erodes moral values. An encompassing understanding of the virtues and vices of markets, including their possible impact on moral values, is necessary...
Persistent link: https://www.econbiz.de/10012270575
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Initial luck, status-seeking and snowballs lead to corporate success and failure : presented at CESifo Area Conference on Industrial Organization, March 2004
Glazer, Amihai; Kanniainen, Vesa; Poutvaara, Panu - 2004
Corporate success stories often resemble a snowball. We show how initial luck in hiring talented people, the resulting technological advantage, superior corporate culture, and statusseeking by workers and by consumers can make small initial differences generate large differences over time.
Persistent link: https://www.econbiz.de/10011449539
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Yes, managers should be paid like bureaucrats
Frey, Bruno S. (contributor); Osterloh, Margit (contributor) - 2005
. Agency theory’s insistence on linking the compensation of managers and directors as closely as possible to firm performance …
Persistent link: https://www.econbiz.de/10002572375
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Organizational culture as equilibrium? : rules versus principles in building relational contracts
Gibbons, Robert; Grieder, Manuel; Herz, Holger; … - 2019
Effective organizations are able not only to coordinate their members on efficient strategies but also to adapt members' strategies to unforeseen change in an efficient manner. We explore whether part of organizational culture - namely, relational contracts that facilitate both coordination and...
Persistent link: https://www.econbiz.de/10012110245
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Supply chain reliability and international economic growth : impacts of disruptions like COVID-19
Goel, Rajeev K.; Saunoris, James W.; Goel, Srishti S. - 2020
importance, formal research on the contribution of supply chain logistics, including the relative impacts across different … logistics dimensions, is less. The importance of supply chains has been recently been brought to the forefront in the wake of … examine the relative effects of the different aspects of supply chain logistics on economic growth. Placing the empirical …
Persistent link: https://www.econbiz.de/10012219347
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Business strategy and firm reorganization under changing market conditions
Ghosal, Vivek - 2009
This study is framed against the increasingly stringent environmental demands on the pulp and paper industry since the late-1980s to reduce water and air pollution, and the global economic slowdown of the early-1990s. The primary focus of this paper is an observation-based analysis conducted by...
Persistent link: https://www.econbiz.de/10003850304
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Pay what you want as a marketing strategy in monopolistic and competitive markets
Schmidt, Klaus; Spann, Martin; Zeithammer, Robert - 2014
Pay What You Want (PWYW) can be an attractive marketing strategy to price discriminate between fair-minded and selfish customers, to fully penetrate a market without giving away the product for free, and to undercut competitors that use posted prices. We report on laboratory experiments that...
Persistent link: https://www.econbiz.de/10010431266
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Gender Culture and Gender Gap in Employment
Campa, Pamela; Casarico, Alessandra; Profeta, Paola - 2009
This paper analyzes to what extent gender culture affects gender gap in employment. Drawing on Italian data, we measure culture by building two indices: one based on individual attitudes, as done in the existing literature; one based on firms' attitudes. Firms' beliefs, which express their set of...
Persistent link: https://www.econbiz.de/10003872263
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Optimal contracting with endogenous project mission
Cassar, Lea - 2016
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
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Migration and cultural change
Rapoport, Hillel; Sardoschau, Sulin; Silve, Arthur - 2020
We examine both theoretically and empirically how migration affects cultural change in home and host countries. Our theoretical model integrates various compositional and cultural transmission mechanisms of migration-based cultural change for which it delivers distinctive testable predictions on...
Persistent link: https://www.econbiz.de/10012270567