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Over the last decades, technological progress has brought about a multitude of standardization problems. For instance, compatibility standards ensure the interoperability of goods, which is of decisive importance when users face positive externalities in consumption. Consumers' expectations are...
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We develop a model of manager-employee relationships where employees care more for their manager when they are more convinced that their manager cares for them. Managers can signal their altruistic feelings towards their employees in two ways: by offering a generous wage and by giving attention....
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Zielsetzung und Aufbau der Arbeit -- Grundlagen des Stakeholdermanagements -- Grundlagen des Signaling -- Signaling im …, setzt Gunar Tewes den normativ neutralen Ansatz des Signaling ein. Er stellt die konzeptionellen Grundlagen dar, erörtert … die Möglichkeiten und Grenzen einer Übertragung des Signaling in den Stakeholderkontext und erarbeitet eine …
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One of the main findings of a large body of gift exchange experiments is that in an incomplete contracts environment workers on average do not shirk and usually provide more than the minimum enforceable effort level. In general, 40 to 60 percent of the workers reward higher wages with higher...
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Numerous gift exchange experiments have found a positive relationship between employers' wage offers and workers' effort levels. In (almost) all these experiments the employer both owns and controls the firm. Yet in reality many firms are characterized by the separation of ownership and control....
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