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We develop a theory of conversations. Two agents with different interests take turns choosing the topic of the …
Persistent link: https://www.econbiz.de/10013543005
We build a general equilibrium model of endogenous communication, quality control and trade. We derive a structural … gravity equation from the model and show that exogenous communication costs raise the costs of quality control and have a … direct flight connectedness on communication costs using the gravity equation. We overcome the identification challenge using …
Persistent link: https://www.econbiz.de/10015071134
Should principals explain and justify their evaluations? Suppose the principal's evaluation is private information, but she can provide justification by sending a costly cheap-talk message. If she does not provide justification, her message space is restricted, but the message is costless. I...
Persistent link: https://www.econbiz.de/10010361447
This paper reviews experimental studies that investigate the effects of communication on be-havior in organizational … research that tests whether com-munication can help to overcome coordination failure within organizations, and (b) studies that … analyze the role of communication in alleviating problems arising from information asym-metries at the workplace. The evidence …
Persistent link: https://www.econbiz.de/10012174702
In today's business environment, team work is omnipresent. But might teams be more prone toward non-compliance with laws and regulations than single individuals despite imminent neg-ative consequences of uncovering misconduct? The recent prevalence of corporate delinquencies gives rise to this...
Persistent link: https://www.econbiz.de/10012064889
We investigate how heterogeneous social preferences affect the communication of painful information in social …
Persistent link: https://www.econbiz.de/10014564280
In cases of conflict of interest, people can lie directly about payoff relevant private information, or they can evade the truth without lying directly. We analyse this situation theoretically and test the key predictions in an experimental sender-receiver setting. We find senders prefer to...
Persistent link: https://www.econbiz.de/10012619270
Remote work arrangements and increased virtual communication are commonplace. Particularly in organizations, virtual … communication has become an essential tool for collaboration and exchanging information. Virtual communication channels, such as … text or video messages, provide different levels of human presence compared to face-to-face communication. Given that human …
Persistent link: https://www.econbiz.de/10014528213
We study the effect of a declining labor force on the incentives to engage in labor-saving technical change and ask how this effect is influenced by institutional characteristics of the pension scheme. When labor is scarcer it becomes more expensive and innovation investments that increase labor...
Persistent link: https://www.econbiz.de/10003791799
This paper develops a general-equilibrium model of skill-biased technological change that approximates the observed shifts in the shares of wage and non-wage income going to the top decile of U.S. households since 1980. Under realistic assumptions, we find that all agents can benefit from the...
Persistent link: https://www.econbiz.de/10009665381