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Fishing for excuses and performance evaluation

Larmande, François; Ponssard, Jean-Pierre - 2014

We study a principal-agent model in which the agent can provide ex post additional relevant information regarding his performance. In particular, he can provide a legitimate excuse, that is, evidence that a poor result is only due to factors outside his control. However, building a convincing...

Persistent link: https://www.econbiz.de/10010229868

Entry through the narrow door : the costs of just failing high stakes exams

Machin, Stephen; McNally, Sandra; Ruiz-Valenzuela, Jenifer - 2018

In many countries, important thresholds in examinations act as a gateway to higher levels of education and/or good employment prospects. This paper examines the consequences of just failing a key high stakes national examination in English taken at the end of compulsory schooling in England. It...

Persistent link: https://www.econbiz.de/10011840777

Political entrenchment and GDP misreporting

Chan, Ho Fai; Frey, Bruno S.; Skali, Ahmed; Torgler, Benno - 2019

, and if so, whether such manipulation pays political dividends. We find that the over-reporting of growth rates does indeed …

Persistent link: https://www.econbiz.de/10012022263

A better cycle-breaker for Swiss democracy?

Gersbach, Hans; Cadado Noguerales, Rodrigo; Schenk, Samuel - 2024

When a counter-proposal is made to an initiative to change the Swiss constitution, the citizenry makes three binary majority choices: the initiative versus the status quo, the initiative versus the counter-proposal, and the status quo versus the counterproposal as a tie-breaker. If there is a...

Persistent link: https://www.econbiz.de/10015045176

On pendular voting

Gersbach, Hans - 2025

process on a one-dimensional policy space, allowing for uncertainty about preference distribution. Manipulation may only occur …

Persistent link: https://www.econbiz.de/10015359046

Private monitoring, collusion and the timing of information

Khalil, Fahad; Lawarrée, Jacques; Scott, Troy J. - 2013

problem is to certify the private signal and make it public. When collusion between the certifier and the agent is an issue … manipulation. We show that certification of private information by a third party may not always be in the interest of the principal … if this certification raises the specter of collusion. …

Persistent link: https://www.econbiz.de/10010212662

Fighting collusion by permitting price discrimination

Helfrich, Magdalena; Herweg, Fabian - 2016

We investigate the effect of a ban on third-degree price discrimination on the sustainability of collusion. We build a …' discount factor has to be higher in order to sustain collusion in grim-trigger strategies under price discrimination than under …

Persistent link: https://www.econbiz.de/10011434582

Social capital and collusion : the case of merchant guilds

Dessí, Roberta; Olgivie, Sheilagh - 2003

Merchant guilds have been portrayed as social networks that generated beneficial social capital by sustaining shared norms, effectively transmitting information, and successfully undertaking collective action. This social capital, it is claimed, benefited society as a whole by enabling rulers to...

Persistent link: https://www.econbiz.de/10011509466

Auctions and corruption

Lengwiler, Yvan; Wolfstetter, Elmar - 2000

In many auctions, the auctioneer is an agent of the seller. This delegation invites corruption. In this paper we propose a model of corruption, examine how corruption affects the auction game, how the anticipation of corruption affects bidding, and how it altogether changes the revenue ranking...

Persistent link: https://www.econbiz.de/10011397659

Collusion, blackmail and whistle-blowing

Felli, Leonardo; Hortala-Vallve, Rafael - 2015

behavior, that takes the form of collusion or blackmail, on the part of members of a simple hierarchical structure. We focus on …-blowing, creates incentives for the uninformed colluding party to walk out of the side deal and report to the principal that collusion …

Persistent link: https://www.econbiz.de/10010518807