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Hidden Action, Identification, and Organization Design
Schnedler, Wendelin - 2010
Incentives often fail in inducing economic agents to engage in a desirable activity; implementability is restricted. What restricts implementability? When does re-organization help to overcome this restriction? This paper shows that any restriction of implementability is caused by an...
Persistent link: https://www.econbiz.de/10013135820
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Task Difficulty, Performance Measure Characteristics, and the Trade-Off between Insurance and Well-Allocated Effort
Schnedler, Wendelin - 2021
When designing incentives for a manager, the trade-off between insurance and a "good" allocation of effort across various tasks is often identified with a trade-off between the responsiveness (sensitivity, precision, signal-noise ratio) of the performance measure and its similarity (congruity,...
Persistent link: https://www.econbiz.de/10013317592
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Mystery Shopping as a Strategic Management Practice in Multi-Site Firms
Block, Sidney; Friebel, Guido; Heinz, Matthias; … - 2022
different estimation specifications, and shed new light on a ubiquitous yet little-studied management practice …
Persistent link: https://www.econbiz.de/10014029927
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What Drives Differences in Management?
Bloom, Nicholas - 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 about a fifth of the spread of productivity, a similar fraction as …
Persistent link: https://www.econbiz.de/10012957488
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Scale Economies Can Offset the Benefits of Competition : Evidence from a School Consolidation Reform in a Universal Voucher System
de Haan, Monique - 2011
A large school consolidation reform in the Netherlands changed minimum school size rules underlying public funding. The supply of schools decreased by 15 percent, but this varied considerably across municipalities. We find that reducing the number of schools by 10 percent increases pupils'...
Persistent link: https://www.econbiz.de/10013129092
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The Emergence of Male Leadership in Competitive Environments
Reuben, Ernesto - 2011
We present evidence from an experiment in which groups select a leader to compete against the leaders of other groups in a real-effort task that they have all performed in the past. We find that women are selected much less often as leaders than is suggested by their individual past performance....
Persistent link: https://www.econbiz.de/10013132524
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The Distribution of Earnings Under Monopsonistic/Polistic Competition
Thisse, Jacques-François - 2010
Recent empirical contributions in labor economics suggest that individual firms face upward sloping labor supplies. We rationalize this by assuming that idiosyncratic non-pecuniary conditions interact with money wages in workers' decisions to work for specific firms. Likewise, firms supply...
Persistent link: https://www.econbiz.de/10013139040
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Performance-Related Funding of Universities : Does More Competition Lead to Grade Inflation?
Bauer, Thomas K. - 2011
German universities are regarded as being under-financed, inefficient, and performing below average if compared to universities in other European countries and the US. Starting in the 1990s, several German federal states implemented reforms to improve this situation. An important part of these...
Persistent link: https://www.econbiz.de/10013118471
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Add-On Pricing, Naive Consumers, and the Hidden Welfare Costs of Education
Kosfeld, Michael - 2011
Previous research shows that firms shroud high add-on prices in competitive markets with naive consumers leading to inefficiency. We analyze the effects of regulatory intervention via educating naive consumers on equilibrium prices and welfare. Our model allows firms to shroud, unshroud, or...
Persistent link: https://www.econbiz.de/10013118774
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Teams or Tournaments? A Field Experiment on Cooperation and Competition Among University Students
Bigoni, Maria - 2011
This paper assesses the effect of two stylized and antithetic non-monetary incentive schemes on students' effort. We collect data from a field experiment where incentives are exogenously imposed, performance is monitored and individual characteristics are observed. Students are randomly assigned...
Persistent link: https://www.econbiz.de/10013122404