Similar Search Results

A multi-method approach to identifying norms and normative expectations within a corporate hierarchy : evidence from the financial services industry

Burks, Stephen V.; Krupka, Erin L. - 2011

This paper presents the results of a field study at a large financial services firm that combines multiple methods, including two economic experiments, to measure ethical norms and their behavioral correlates. Standard survey questions eliciting ethical evaluations of actions in on-the-job...

Persistent link: https://www.econbiz.de/10009310158

Financial advice and household financial portfolios

Brown, Sarah; Bucciol, Alessandro; Montagnoli, Alberto; … - 2021

We investigate the role of financial advice in shaping the composition of household portfolios in Great Britain. Advice is associated with a reallocation of wealth away from real estate and towards bonds and stocks, especially when households seek financial advice "for investments". Having a...

Persistent link: https://www.econbiz.de/10012517212

Rational inattention and employer learning

Habermalz, Steffen - 2010

Research on employer learning has provided important insights into the dynamic process that determines individual wages, especially during the early part of a worker's career. However, the recent evidence on the absence of employer learning for college graduates by Arcidiacono et al. (2008) and...

Persistent link: https://www.econbiz.de/10009300804

Transparency, inequity aversion, and the dynamics of peer pressure in teams : theory and evidence

Mohnen, Alwine (contributor); Pokorny, Kathrin (contributor) - 2008

We provide an explanation for peer pressure in teams based on inequity aversion. Analyzing a two-period model with two agents, we find that the effect of inequity aversion strongly depends on the information structure. When contributions are unobservable, agents act as if they were purely...

Persistent link: https://www.econbiz.de/10003652683

Against all odds: tentative steps toward efficient information sharing in groups

Schlangenotto, Darius; Schnedler, Wendelin; Vadovič, … - 2020

When groups face difficult problems, the voice of experts may be lost in the noise of others' contributions. We present results from a 'naturally noisy' setting, a large first-year undergraduate class, in which the 'expert's voice is lost' to such a degree that it is in fact optimal for all...

Persistent link: https://www.econbiz.de/10012257743

Labor supply responses to learning the tax and benefit schedule

Kostøl, Andreas Ravndal; Myhre, Andreas S. - 2020

While optimization frictions have been shown to attenuate earnings responses to financial incentives, less is understood about the individual factors shaping the response. The main contribution of this paper is to separately quantify the role of learning the tax and benefit schedule versus other...

Persistent link: https://www.econbiz.de/10012321979

Compensation in personal injury cases : mean or median income?

Danziger, Leif; Katz, Eliakim - 2019

Courts typically base compensation for loss of income in personal injury cases on either mean or median work income. Yet, quantatively, mean and median incomes are typically very different. For example, in the US median income is 65 percent of mean income. In this paper we use economic theory to...

Persistent link: https://www.econbiz.de/10012034365

The economics of credence goods : on the role of liability, verifiability, reputation and competition

Dulleck, Uwe; Kerschbamer, Rudolf; Sutter, Matthias - 2009

determinants for efficiency in credence goods markets. While theory predicts that either liability or verifiability yields … efficiency, we find that liability has a crucial, but verifiability only a minor effect. Allowing sellers to build up reputation … higher efficiency as long as liability is violated. -- Credence goods ; experiment ; liability ; verifiability ; reputation …

Persistent link: https://www.econbiz.de/10003814341

Producer protection legislation and termination damages in the presence of contracting frictions

Wu, Steven - 2009

This study models producer protection legislation that would grant growers the right to claim damages (PPLD) if their contracts are prematurely terminated. In the absence of contracting frictions that prevent contractors from redesigning contracts to accommodate exogenous policy changes, PPLD...

Persistent link: https://www.econbiz.de/10003894440

Losers and losers : some demographics of medical malpractice tort reforms

Friedson, Andrew I.; Kniesner, Thomas J. - 2011

Our research examines individual differences in the effects of medical malpractice tort reforms on pre-trial settlement speed and settlement amounts by age and most likely settlement size. Findings of note include that, unlike previously assumed, both absolute and percentage losses from tort...

Persistent link: https://www.econbiz.de/10009379672

1
2
3
4
5
6
7
8
9
10
Next
Last