The 1/n problem potentially limits the effectiveness of profit sharing in motivating workers. While the economic literature suggests that reciprocity can mitigate this problem, it remains silent on the optimal degree of reciprocity. We present a representative model demonstrating that...

It is known that small firms rely mainly on the CEO's individual knowledge for developing innovations. Recent work suggests that this approach is inefficient since it underutilizes other employees' knowledge. We study to which extent using CEOs, managers and non-managerial employees' ideas...

Die Unternehmenspraxis zeigt, dass Maßnahmen zur Implementierung der Marktorientierung oftmals scheitern, wenn sie nicht in konkretes Verhalten der Unternehmensangehörigen überführt werden. Wissenschaftlich gesicherte Erkenntnisse darüber, wie marktorientiertes Verhalten des Personals...

Early retirement options are usually targeted at employees at risk of not reaching their regular retirement age in employment. An important at‐risk group comprises employees who have worked in demanding jobs for many years. This group may be particularly negatively affected by the abolition of...