Showing 1 - 10 of 2,395
Rank-order tournaments are usually modeled simultaneously. However, real tournaments are often sequentially. We show that agents' strategic behavior significantly differs in sequential tournaments compared to simultaneous tournaments. In a sequential tournament, under certain conditions the...
Persistent link: https://www.econbiz.de/10011335241
Persistent link: https://www.econbiz.de/10001838248
Persistent link: https://www.econbiz.de/10001921405
In this paper we study how promoting product market competition by reducing mark-ups or by increasing productivity are …
Persistent link: https://www.econbiz.de/10011391687
We provide novel evidence on the effectiveness of mandated changes in Russian transparency and disclosure (henceforth T …
Persistent link: https://www.econbiz.de/10011457931
Does the introduction of corporate transparency and disclosure rules in emerging economies affect compliance, and … voluntary disclosure and find a significant increase in corporate disclosure among the domestic Russian firms over the period … 2003-07 when firms gradually adopted some but not all disclosure rules. The immediate effect of the introduction was a drop …
Persistent link: https://www.econbiz.de/10013163548
competition for principals or agents. While we do observe substantial and significant ratchet effects in the baseline (no … competition) case of our model, we find that ratchet behavior is nearly eliminated by labor-market competition; interestingly this … is true regardless of whether market conditions favor principals or agents. -- Ratchet effect ; competition ; experiment …
Persistent link: https://www.econbiz.de/10003769812
-sharing, screening opportunities, and competition are important driving forces behind these new forms of work organization. We document … competition substantially fosters the trust strategy, reduces market segmentation, and leads to large welfare gains for both … employers and employees. -- Job design ; high-performance work systems ; screening ; reputation ; competition ; trust ; control …
Persistent link: https://www.econbiz.de/10003935189
competition between agents but also by the possibility to punish the principal via sabotage. …
Persistent link: https://www.econbiz.de/10002453250
earnings, gender, LGB identity, coupling status, and the disclosure of sexual orientation in English National Health Service … to heterosexuals. The latter is due to similar-sized offsetting effects from disclosure on LGB pay relative to comparable … heterosexuals. Amongst LGB employees, disclosure is associated with 13% more pay, with three quarters of this gap related to …
Persistent link: https://www.econbiz.de/10012581546