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Exponential Growth Bias and Financial Literacy

Almenberg, Johan; Gerdes, Christer - Institut zur Zukunft der Arbeit <Bonn> - 2011

The tendency to underestimate the future value of a variable growing at a constant rate, anexample of exponential growth bias, has been linked to household financial decision making.We show that exponential growth bias and standard measures of financial literacy arenegatively correlated in a...

Persistent link: https://www.econbiz.de/10009353904

Job Creation by Firms in Denmark

Ibsen, Rikke; Westergård-Nielsen, Niels C. - Institut zur Zukunft der Arbeit <Bonn> - 2011

In this paper we will look at job creation and destruction in firms. We will answer the questionif it is the large companies that create jobs, while the smaller companies are contributingmuch less. Or is it the young companies that create jobs? And who destroys the most jobs?In the crisis...

Persistent link: https://www.econbiz.de/10009360550

Returns for Entrepreneurs vs. Employees: The Effectof Education and Personal Control on the RelativePerformance of Entrepreneurs vs. Wage Employees

Praag, Mirjam van; Witteloostuijn, Arjen van; Sluis, … - Institut zur Zukunft der Arbeit <Bonn> - 2009

How valuable is education for entrepreneurs’ performance as compared to employees’?What might explain any differences …? And does education affect peoples’ occupationalchoices accordingly? We answer these questions based on a large panel of US … labor forceparticipants. We show that education affects peoples’ decisions to become an entrepreneurnegatively. We show …

Persistent link: https://www.econbiz.de/10009360612

Sustainability by Education : Lessons to Be Learned

Pies, Ingo; Winning, Alexandra von - Universität <Halle, Saale> / Lehrstuhl für … - 2005

The concept of "sustainability" deals with a moral concern. The pursuit of sustainability is aimed at building a society which is worth living in, now and in times to come. In this, two dimensions have to be considered: a longitudinal dimension of time spanning several generations, and a...

Persistent link: https://www.econbiz.de/10005860173

Nachhaltigkeit durch Bildung : Lessons to be learned

Pies, Ingo; Winning, Alexandra von - Universität <Halle, Saale> / Lehrstuhl für … - 2005

Der Begriff Nachhaltigkeit formuliert ein moralisches Anliegen. Das Bemühen um Nachhaltigkeit zielt auf eine dauerhaft lebenswerte Gesellschaft. Hierbei sind zwei Dimensionen zu berücksichtigen: eine zeitliche Längsschnittdimension, die mehrere Generationen übergreift, und eine...

Persistent link: https://www.econbiz.de/10005860174

Mind the Gap! Ordonomische Überlegungen zur Sozialstruktur und Semantik moderner Governance

Pies, Ingo; Beckmann, Markus; Hielscher, Stefan - Universität <Halle, Saale> / Lehrstuhl für … - 2007

In der Londoner U-Bahn warnen die Worte Mind the gap! vor der Lücke zwischen Bahn und Bahnsteigkante. Auch die Diskrepanz zwischen Sozialstruktur und Semantik kann zum Stolperstein werden. Wenn Semantiken ihre Passgenauigkeit verlieren und den gesellschaftlichen Diskurs mit Kategorien...

Persistent link: https://www.econbiz.de/10005860112

Die Entwicklung der Unternehmensethik –Retrospektive und prospektive Betrachtungen ausSicht der Ordonomik

Pies, Ingo - 2009

Dieser Beitrag rekonstruiert, wie im deutschen Sprachraum während der letzten 20 Jahreein ganz bestimmter Ansatz zur Unternehmensethik entwickelt wurde. Rückblickendwird nachgezeichnet, (1) wie diese Unternehmensethik aus einer Wirtschaftsethik herausentstanden ist, die als ökonomische...

Persistent link: https://www.econbiz.de/10005867244

Fixed-Prize Tournaments versus First-Price Auctions in Innovation Contests

Schöttner, Anja - Sonderforschungsbereich Ökonomisches Risiko <Berlin> - 2005

This paper analyzes a procurement setting with two identical firms and stochasticinnovations. In contrast to the previous literature, I show that a procurer who cannot charge entry fees may prefer a fixed-prize tournament to a first-price auction since holding an auction may leave higher rents...

Persistent link: https://www.econbiz.de/10005861970

The Effect of Product Market Competition onJob Instability

Aparicio Fenoll, Ainhoa - Institut zur Zukunft der Arbeit <Bonn> - 2011

This paper assesses the impact of product market competition on job instability as proxied bythe use of fixed-term labor contracts. Using both worker data from the Spanish Labor ForceSurvey and firm data from the Spanish Business Strategies Survey, I show that job instabilityrises with...

Persistent link: https://www.econbiz.de/10009360527

Family Management, Family Ownership and Downsizing: Evidence from S&P 500 Firms

Block, Jörn Hendrich - Sonderforschungsbereich Ökonomisches Risiko <Berlin> - 2008

Little is known about the relationship between family firms and their employees. This paper aims to close this gap. We distinguish between family management and family ownership as two dimensions of family firms and analyze their respective influence on downsizing. Our findings show that family...

Persistent link: https://www.econbiz.de/10005860572