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Identity and commitment : Sen's conception of the individual

Davis, John Bryan - 2004

with recent standard economics' explanation of social identity in terms of conformity. Sen's concept of commitment is …This paper develops a conception of personal identity for Amartya Sen's capability framework that emphasizes his self …-scrutinizing aspect of the self and related concept of commitment, and compares this conception to the co1lective intentionality-based one …

Persistent link: https://www.econbiz.de/10011335215

Insurance and information : firms as a commitment device

Bovenberg, Ary Lans; Teulings, Coen N. - 2001

We explore the role of firms in insuring non-verifiable output. As a device that allows workers to commit to thedelivery of their output, the firm arises endogenously as an alternative to the market if workers are sufficiently riskaverse and the firm can base its incentive payments on good...

Persistent link: https://www.econbiz.de/10011316894

How does market access for smallholders affect export supply? : the case of tobacco marketing in Malawi

Zant, Wouter - 2016

Transaction costs play a key role in the behaviour of smallholders in developing countries. We investigate smallholder tobacco cultivation in Malawi, Malawi's major export crop, and exploit the introduction of an additional tobacco auction floor to measure the impact of a reduction in...

Persistent link: https://www.econbiz.de/10011520537

Incomplete contract and divisional structures

Te, Bao; Wang, Yongqin - 2009

In this paper we want to analyze the internal divisional structure within an organi-zation in the framework of incomplete contract theory. We use the framework of Aghionand Tirole (1997) and define the managerial control structure as sequence of search.A key feature of this paper which...

Persistent link: https://www.econbiz.de/10011378948

Social (in)stability, distributive conflicts, and investment in poor and rich economies

Riedl, Arno - 1999 - This version: September, 1999

A recently much debated issue is why observed investment and growth rates inpoor countries are lower than traditional theory predicts. Empirical evidencesuggests that social and political instability is a major reason for thedivergence between poor and rich countries. However, there is still the...

Persistent link: https://www.econbiz.de/10011302623

Limitations on de-collectivisation in central European agriculture

Bezemer, Dirk Johan - 2000

Following formal privatisation of farm land and assets in CentralEurope, the change in agriculturalproduction structures has been both more limited and different thanwas initially expected. In this paper, thetheoretical reasons underlying those expectations are reviewed. Analternative...

Persistent link: https://www.econbiz.de/10011303300

On the dynamics of interest group formation and endogenous policymaking

Sadiraj, Vjollca; Tuinstra, Jan; Winden, Frans A. A. M. van - 2000

We present a dynamic model of the interaction between interest groupsand policymakers, featuringendogenous interest group formation. We show that complicated dynamicpatterns in economicpolicies may arise once interest group formation is taken intoaccount.

Persistent link: https://www.econbiz.de/10011303316

Decision initiation, decision implementation, and the allocation of decision rights

Sloof, Randolph; Siemens, Ferdinand von - 2015

Organizations must not only take the right decisions, they must also ensure that these decisions are effectively implemented. Fama and Jensen (1983) argue that the same members of many organization are often responsible for both decision initiation and implementation. If these have social...

Persistent link: https://www.econbiz.de/10011333082

Explicit and latent authority in hierarchical organizations

Brink, René van den; Gilles, Robert Paul - 2003

In this paper we consider the problem of the control of access to a firm's productive asset, embedding the relevant decisionmakers into a general structure of formal authority relations. Within such an authority structure, each decision maker acts as a principal to some decision makers, while...

Persistent link: https://www.econbiz.de/10011334333

Trade, trust and transaction cost

Butter, Frank A. G. den; Mosch, Robert - 2003

Transaction costs are a major reason why international trade flows are much smaller than traditional trade theory would suggest. Trust between trading partners lowers transaction costs and may therefore enhance trade. The empirical analysis of this paper shows that more trust leads to more trade...

Persistent link: https://www.econbiz.de/10011334351