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Using an agency model, we show how delegation, by generating additional private information, improves dynamic incentives under limited commitment. It circumvents ratchet effects and facilitates the revelation of persistent private information through two effects: a play-hardball effect, which...
Persistent link: https://www.econbiz.de/10010347364
We consider rules (strategies, commitments, contracts, or computer programs) that make behavior contingent on an opponent's rule. The set of perfectly observable rules is not well defined. Previous contributions avoid this problem by restricting the rules deemed admissible. We instead limit the...
Persistent link: https://www.econbiz.de/10010437999
The ability of a tax authority to successfully collect taxes depends critically on both its relationship with the taxpayers and how strongly these taxpayers are committed to contributing to the common good. We present evidence on a new non-intrusive approach aimed at fostering the commitment to...
Persistent link: https://www.econbiz.de/10011565549
Do people anticipate the conditions that enable them to manipulate their beliefs when confronted with unpleasant information? We investigate whether individuals seek out the "cognitive flexibility" needed to distort beliefs in self-serving ways, or instead attempt to constrain it, committing to...
Persistent link: https://www.econbiz.de/10012271757
Using multilevel mixed effects ordered logistic models, this paper conducts an original investigation of the new management as a technology approach for all EU nations in a framework that explicitly recognizes worker representation while incorporating the notion of affective commitment. It is...
Persistent link: https://www.econbiz.de/10012223854
Using a cross section of matched data from the employee and management questionnaires of the European Company Survey, this paper investigates the determinants of worker commitment and the potential contribution of commitment to establishment performance. An index of worker commitment is...
Persistent link: https://www.econbiz.de/10012500545
We model leadership selection, competition, and decision making in teams with heterogeneous membership composition. We … show that if the choice of leadership in a team is imprecise or noisy - which may arguably be the case if appointment … performers. We characterize the properties of the leadership selection and production processes which lead to the Apollo effect …
Persistent link: https://www.econbiz.de/10011615976
, subjects can apply for leadership, whereas in the control treatment, we assign leadership randomly. Results reveal that women … leaders, we find that sorting into leadership is not related to individual honesty preferences. In the control we find that … leadership, as they align dishonest behavior with their belief on group members' honesty preferences. …
Persistent link: https://www.econbiz.de/10012263343
This paper examines leadership in relation to supplying a global public good. Both the Kyoto Protocol and the Paris …? When does leadership improve global welfare? The answer depends on how transparent the leader’s abatement technology is for … the followers. When there is no transparency and the leader has to abate to signal the abatement cost, leadership reduces …
Persistent link: https://www.econbiz.de/10012509563
alike have emphasized the potential of leadership to foster performance in these settings. However, the causal impact of … leadership is difficult to identify, as in agile and crossfunctional teams leadership is often determined endogenously. This … study exploits a unique opportunity to uncover the value of leadership in a non-routine task performed by teams with flat …
Persistent link: https://www.econbiz.de/10012607636