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Charness, Gary; Kuhn, Peter; Villeval, Marie Claire - 2021

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 …

Persistent link: https://www.econbiz.de/10013324885

Aging and Attitudes Towards Strategic Uncertainty and Competition : An Artefactual Field Experiment in a Swiss Bank

Madiès, Thierry - 2012

We study the attitudes of junior and senior employees towards strategic uncertainty and competition, by means of a …

Persistent link: https://www.econbiz.de/10013104678

Spatial Frictions

Behrens, Kristian - 2013

toughness of competition in cities? The short answers are: no; yes; and it depends …

Persistent link: https://www.econbiz.de/10013087411

Competition, Hidden Information and Efficiency : An Experiment

Cabrales, Antonio - 2006

We devise an experiment to explore the effect of different degrees of competition on optimal contracts in a hidden … principals. We first show theoretically how these different degrees of competition affect outcomes and efficiency. Informational … relative number of agents because competition reduces the agents' informational monopoly power. However, this environment also …

Persistent link: https://www.econbiz.de/10012779356

Cooperation, Competition, and Risk Attitudes : An Intergenerational Field and Laboratory Experiment

Charness, Gary; Villeval, Marie Claire - 2021

The population of most developed societies is graying. As life expectancy increases and the large baby-boom generation approaches retirement age, this has critical consequences for maintaining a high standard of living and the sustainability of pension systems. In the light of these labor-force...

Persistent link: https://www.econbiz.de/10013317230

Competitive Preferences and Status as an Incentive : Experimental Evidence

Charness, Gary - 2010

In this paper, we investigate individuals' investment in status in an environment where no monetary return can possibly be derived from reaching a better relative position. We use a real-effort experiment in which we permit individuals to learn and potentially improve their status (rank). We...

Persistent link: https://www.econbiz.de/10013141233

Globalization and Strategic Research Investments

Bohnstedt, Anna - 2011

We develop a general equilibrium model of international trade with heterogeneous firms, where countries can invest into basic research to improve their technological potential. These research investments tighten firm selection and raise the average productivity of firms in the market, thereby...

Persistent link: https://www.econbiz.de/10013131927

Global Sourcing of Complex Production Processes

Schwarz, Christian - 2010

We develop a theory of a firm in an environment with incomplete contracts. The firm's headquarter decides on the …

Persistent link: https://www.econbiz.de/10013136032

On the Organizational Structure of Multinational Firms : Which Sourcing Mode for Which Input?

Suedekum, Jens - 2012

Recent studies indicate that firms often outsource standard and simple tasks, while keeping complex and important inputs inside their boundaries. This observation is difficult to reconcile with the property rights approach of the firm, which suggests that important components should be...

Persistent link: https://www.econbiz.de/10013106002

Ingratiation and Favoritism : Experimental Evidence

Robin, Stéphane - 2012

We provide experimental evidence of workers' ingratiation by opinion conformity and of managers' discrimination in favor of workers with whom they share similar opinions. In our Baseline, managers can observe both workers' performance at a task and opinions before assigning unequal payoffs. In...

Persistent link: https://www.econbiz.de/10013106646