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Why do some leaders succeed while others fail? This question is important, but its complexity makes it hard to study systematically. We examine an industry in which there are well-defined objectives, small teams, and exact measures of leaders' characteristics. We show that a strong predictor of...
Persistent link: https://www.econbiz.de/10003735423
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
as the main cause and design a parsimonious experiment with exogenous prices that allows classifying experts as either …
Persistent link: https://www.econbiz.de/10003931304
to a consumer first, whereupon the consumer can express her trust by paying an interaction price before the expert’s … provision and charging decisions. We argue that the expert’s promise induces a commitment that triggers guilt if the promise is … experts make the predicted promise; (2) proper promises induce consumer-friendly behavior; and (3) higher interaction prices …
Persistent link: https://www.econbiz.de/10003944278
Debt-to-GDP ratios have grown to unprecedented levels in many industrialized economies. This requires disciplined consolidation efforts which are, however, supposed to come now at the wrong time with the economic recovery being fragile. Against this background, we call for a global debt brake...
Persistent link: https://www.econbiz.de/10009522510
experts may impact on the productivity and wages of domestic firms. Using matched worker-firm data from Denmark and a … difference-indifferences matching approach, we then find that firms that hire foreign experts - defined as employees eligible for … higher wages) and increase their exports of goods and services. -- foreign experts ; export ; immigrants ; productivity …
Persistent link: https://www.econbiz.de/10009425785
We experimentally examine the impact of tax evasion attempts on the performance of credence goods markets, where contractual incompleteness results from asymmetric information on the welfare maximizing quality of the good. Our results suggest that tax evasion attempts - independently of whether...
Persistent link: https://www.econbiz.de/10010529409
This paper reports evidence that an individual meeting with a study counselor at high school significantly improves the quality of choice of tertiary educational field, as self-assessed 18 months after graduation from college. The results are strongest among males and those with low educated...
Persistent link: https://www.econbiz.de/10010196071
Many governments wish to assess the quality of their universities. A prominent example is the UK's new Research Excellence Framework (REF) 2014. In the REF, peer-review panels will be provided with information on publications and citations. This paper suggests a way in which panels could choose...
Persistent link: https://www.econbiz.de/10009672292
This paper is an attempt to understand the effects of leaders on organizational performance. We argue for an "expert leader" model of leadership. We differentiate between four kinds of leaders according to their level of inherent knowledge and industry experience. After controlling for...
Persistent link: https://www.econbiz.de/10009568597