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A physician performs two tasks: making diagnoses and determining treatments. To reduce medical error, residents are supposed to consult their supervisors when they face uncommon circumstances. However, recent research shows that residents are reluctant to do so. This paper presents a model that...
Persistent link: https://www.econbiz.de/10011378360
When hiring an adviser (he), a policy maker (she) often faces the problem that she has incomplete information about his preferences. Some advisers are good, in the sense that their preferences are closely aligned to the policy maker's preferences, and some advisers are bad. Recently, some...
Persistent link: https://www.econbiz.de/10011334827
other ways to strengthen media competition − such as increased polarization and prevention of collusion − critically depends …
Persistent link: https://www.econbiz.de/10012030647
motivate employeeswho are driven by concerns about their reputation for being able. When employeesare driven by monetary …
Persistent link: https://www.econbiz.de/10011382589
Institutional barriers to entry were removed to a considerable extent in 1996 in the Dutch retail sector. Three years before that the regulator decided to not take legal actions anymore against entrants violating institutional requirements. In the current analysis we investigate the effects of...
Persistent link: https://www.econbiz.de/10011302129
citations. Three types of signals are examined: the author’s reputation (as producer of the idea), the journal (as the broker of … empirical analysis points out that, first, the reputation of journals plays an overriding role in gaining attention in science … third, the reputation of a journal may help to get late recognition (so-called ‘sleeping beauties’) as well as generate so …
Persistent link: https://www.econbiz.de/10011337989
Can vanity do any good? It may seem obvious to answer this question in the negative, as economists have shown how reputational concerns lead agents e.g. to ignore valuable information, to herd, and to become overly risk averse. We explore how proud agents may be a social blessing. An agent may...
Persistent link: https://www.econbiz.de/10011327825
Information affecting a candidate's reputation might have significant electoral consequences. Do candidates respond to … incumbent and challenger increase their campaign spending when detrimental information affects the incumbent's reputation … beneficiaries when detrimental (beneficial) reputation shocks occur. …
Persistent link: https://www.econbiz.de/10012545128
payoffs and about his reputation for expertise. The state remains unobserved, even after the decision has been taken. In such … inconclusive environments, in equilibrium, a member's internal (peer) reputation is based on deliberation patterns, while member …'s external (market) reputation is based on the observed group decision. Either form of reputation concerns create strategic …
Persistent link: https://www.econbiz.de/10011895815
assessments. We investigate this theory in the lab, using treatments with and without reputation concerns and with and without … their assessments less dependent on actual decisions and statements. With or without reputation concerns, for the majority …
Persistent link: https://www.econbiz.de/10011895939