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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
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
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
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
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
Research on leadership in economics has developed in parallel to the literature in management and psychology and links … between the fields have been sparse. Whereas modern leadership scholars mostly focus on transformational and related … leadership styles, economists have mainly emphasized the role of contracts, control rights, and incentives. We argue that both …
Persistent link: https://www.econbiz.de/10011560801
The positive role of transformational leadership on productivity and mental well-being has long been established …. Transformational leadership behavior may be particularly suited to navigate times of crisis which are characterized by high levels of …' leadership styles on employees' performance, work style, and mental well-being in times of crisis. Using longitudinal …
Persistent link: https://www.econbiz.de/10014281431
In this paper we model the interaction between leaders, their followers and crowd followers in a coordination game with local interaction. The steady states of a dynamic best-response process can feature a coexistence of Pareto dominant and risk dominant actions in the population. The existence...
Persistent link: https://www.econbiz.de/10013285659
We present a field experiment in which we set up a call-center to study how the productivity of workers is affected if managers treat their co-workers in an unfair way. This question cannot be studied in long-lived organizations since workers may change their career expectations (and hence...
Persistent link: https://www.econbiz.de/10011757773
Persistent link: https://www.econbiz.de/10003712504