Showing 1 - 10 of 120
We examine how multitasking affects performance and check whether women are indeed better at multitasking. Subjects in … better at multitasking. Women suffer as much as men when forced to multitask and are actually less inclined to multitask when …
Persistent link: https://www.econbiz.de/10011383252
When verifiable performance measures are imperfect, organizations often resort to subjective performance pay. This may give supervisors the power to direct employees towards tasks that mainly benefit the supervisor rather than the organization. We cast a principal-supervisor-agent model in a...
Persistent link: https://www.econbiz.de/10010395075
The main contribution of entrepreneurship theory to economics is to provide an account of market performance in disequilibrium but little empirical research has examined firm entry and exit in this context. We redress this by modelling the interrelationship between firm entry and exit in...
Persistent link: https://www.econbiz.de/10011377541
This paper conducts the first general equilibrium analysis of the role of entry, exit and profits in industry dynamics. The benefit of our model is twofold. First, to discriminate between entrants’ role of performing the entrepreneurial function of creating disequilibrium and the conventional...
Persistent link: https://www.econbiz.de/10011379632
This paper examines how a firm can strategically choose its capacity to manipulate consumer beliefs about aggregate demand. It looks at a market with social effects where consumers want to do what is popular, to buy what they believe others want to buy. By imposing a capacity constraint and...
Persistent link: https://www.econbiz.de/10011382750
In this laboratory experiment we study the use of strategic ignorance to delegate real authority within a firm. A worker can gather information on investment projects, while a manager makes the implementation decision. The manager can monitor the worker. This allows her to better exploit the...
Persistent link: https://www.econbiz.de/10011382041
implementation leads to more delegation, but only if workers have high costs of obstructing informed decisions. We further find that …
Persistent link: https://www.econbiz.de/10011333082
This article analyzes under which conditions a manager can motivate a junior worker by verbal communication, and explains why communication is often tied up with organizational choices as job enlargement and collaboration. Our model has two important features. First, the manager has more...
Persistent link: https://www.econbiz.de/10011335224
find that, in case of delegation, managers (as predicted) put tighter restrictions when interests are less aligned. Workers … mixed strategy equilibrium under communication, which strictly outperforms optimal restricted delegation and is relatively …
Persistent link: https://www.econbiz.de/10011520494
Standard economic theory predicts that firms will not invest in general training and will underinvest in specific … training. Empirical evidence, however, indicates that firms do invest in general training of their workers. Evidence from … laboratory experiments points to less underinvestment in specific training than theory predicts. We propose a simple model in …
Persistent link: https://www.econbiz.de/10011327532