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Risk, uncertainty and entrepreneurship : evidence from a lab-in-the-field experiment
Koudstaal, Martin; Sloof, Randolph; Praag, Mirjam van - 2014
Theory predicts that entrepreneurs have distinct attitudes towards risk and uncertainty, but empirical evidence is mixed. To better understand the unique behavioral characteristics of entrepreneurs and the causes of these mixed results, we perform a large "ab-in-the-field" experiment comparing...
Persistent link: https://www.econbiz.de/10010418889
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Higher order risk preferences: new experimental measures, determinants and field behavior
Schneider, Sebastian O.; Sutter, Matthias - 2020
We use a novel method to elicit and measure higher order risk preferences (prudence and temperance) in an experiment … prudence - are strongly related to adolescents' field behavior, including their financial decision making, eco …-friendly behavior, and health status, including addictive behavior. Most importantly, we show that dropping prudence and temperance from …
Persistent link: https://www.econbiz.de/10012285580
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Monitoring and prudence
Beltrametti, Luca F.; Cardullo, Gabriele - 2024
"prudence effect" offers some clues for a more nuanced interpretation of the attitudes towards monitoring by firms and workers. …
Persistent link: https://www.econbiz.de/10014534559
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Management as a technology?
Bloom, Nicholas; Sadun, Raffaella; Van Reenen, John - 2016
Are some management practices akin to a technology that can explain company and national productivity, or do they simply reflect contingent management styles? We collect data on core management practices from over 11,000 firms in 34 countries. We find large cross-country differences in the...
Persistent link: https://www.econbiz.de/10011486495
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Management practices and productivity in Germany
Broszeit, Sandra; Fritsch, Ursula; Görg, Holger; … - 2016
Based on a novel dataset, the "German Management and Organizational Practices" (GMOP) Survey, we calculate establishment specific management scores following Bloom and van Reenen as indicators of management quality. We find substantial heterogeneity in management practices across establishments...
Persistent link: https://www.econbiz.de/10011581659
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Firms' global engagement and management practices
Görg, Holger; Hanley, Aoife - 2017
We investigate whether firms' "global engagement", either in the form of exporting or opening up affiliates abroad, is related to the change in their management performance. Using new and unique data from a recent large scale firm survey of management practices in Germany, we calculate...
Persistent link: https://www.econbiz.de/10011636585
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What drives differences in management?
Bloom, Nicholas; Brynjolfsson, Erik; Foster, Lucia; … - 2017
Partnering with the Census we implement a new survey of "structured" management practices in 32,000 US manufacturing plants. We find an enormous dispersion of management practices across plants, with 40% of this variation across plants within the same firm. This management variation accounts for...
Persistent link: https://www.econbiz.de/10011641779
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Does management matter in schools?
Bloom, Nicholas; Lemos, Renata; Sadun, Raffaella; Van … - 2014
We collect data on operations, targets and human resources management practices in over 1,800 schools educating 15-year-olds in eight countries. Overall, we show that higher management quality is strongly associated with better educational outcomes. The UK, Sweden, Canada and the US obtain the...
Persistent link: https://www.econbiz.de/10010434591
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Convergence to the managerial frontier
Maloney, William F.; Sarrias, Mauricio - 2014
Using detailed survey data on management practices, this paper uses recent advances in unconditional quantile analysis to study the changes in the within country distribution of management quality associated with country convergence to the managerial frontier. It then decomposes the contribution...
Persistent link: https://www.econbiz.de/10010370091
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World Management Survey at 18: lessons and the way forward
Scur, Daniela; Sadun, Raffaella; Van Reenen, John; … - 2021
Understanding how differences in management "best practices" affect organizational outcomes has been a focus of both theoretical and empirical work in the fields of management, sociology, economics and public policy. The World Management Survey (WMS) project was born almost two decades ago with...
Persistent link: https://www.econbiz.de/10012435638