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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 …
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Institutions are important for proper economic performance, but are replaceable by trust or other social norms. We show that when proper institutions and trust are missing, integrity of the individuals can replace them. We construct a model of a transactions-based economy with contracts...
Persistent link: https://www.econbiz.de/10003872201
resulting equilibrium dynamics, implying that economic confidence may be crucial for the process of economic development …
Persistent link: https://www.econbiz.de/10008697086
Social preference research has fundamentally changed the way economists think about many important economic and social phenomena. However, the empirical foundation of social preferences is largely based on laboratory experiments with self-selected students as participants. This is potentially...
Persistent link: https://www.econbiz.de/10008697134
What are the long-term effects of Communism on economically relevant notions such as social trust? To answer this question, we use the reunification of Germany as a natural experiment and study the post-reunification trajectory of convergence with regard to individuals' trust and risk, as well...
Persistent link: https://www.econbiz.de/10008697515
This paper investigates how group membership and competition among trustors interact with trust and trustworthiness in a laboratory one-shot trust game. To analyze these effects, we apply a 2x2 design. We induce group membership by letting subjects play coordination games with clear focal...
Persistent link: https://www.econbiz.de/10003935235