Showing 1 - 10 of 95
This paper studies how morale in teams can break down. It interprets high morale as team members working together productively, either because of a sense of fairness or because of implicit incentives from repeated interactions. Team members learn that lay-offs will occur at a fixed future date,...
Persistent link: https://www.econbiz.de/10011377833
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
This paper examines the small world hypothesis. The first part of the paper presents empirical evidence on the evolution of a particular world: the world of journal publishing economists during the period 1970-2000. We find that in the 1970's the world of economics was a collection of islands....
Persistent link: https://www.econbiz.de/10011334330
We model a firm in an institutional market setting, consisting of a production technology and its governance. The … optimal firm size. Using CES-production technologies we illustrate how firm size depends on labor substitutability, and show …
Persistent link: https://www.econbiz.de/10011343293
performance. The entrepreneur's human capital is, though, only one of the input factors into the production process of her venture …
Persistent link: https://www.econbiz.de/10011386432
they win the contest for the alternative project. Merging firms internalize these positive and negative externalities they …
Persistent link: https://www.econbiz.de/10012137259
This article presents a model of sequential decisions about investments in environmentally dirty and clean technologies, which extends the path-dependence framework of Arthur (1989). This allows us to evaluate if and how an economy locked into a dirty technology can be unlocked and move towards...
Persistent link: https://www.econbiz.de/10011382078
external cost pricing becomes more likely to be implementedas a policy strategy in transport in reality. The first part of the … paper deals with thelong-run efficiency of marginal external cost pricing. It is shown that such prices notonly optimize … ahypothetical bench-mark only. The second part of the paper is therefore concerned withmore realistic pricing options. The emphasis …
Persistent link: https://www.econbiz.de/10011299976
. However, if the programme generates externalities for non-participants such an approach will capture only part of the …
Persistent link: https://www.econbiz.de/10011343252
We derive and discuss a general, but simple geographical economics model with congestion, allowing us to explain the economic viability of small and large locations. The model generalizes some previous work and lends itself to analyzing the impact of public policy in terms of infrastructure...
Persistent link: https://www.econbiz.de/10011346464