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Motivating Agents : How Much Does the Mission Matter?
Carpenter, Jeffrey P. - 2013
Economic theory predicts that agents will work harder if they believe in the "mission" of the organization. Well-identified estimates of exactly how much harder they will work have been elusive, however, because agents select into jobs. We conduct a real effort experiment with participants who...
Persistent link: https://www.econbiz.de/10013076153
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Motivational Goal Bracketing with Non-Rational Goals
Koch, Alexander K.; Nafziger, Julia - 2021
We provide a tractable model of motivational goal bracketing by a present-biased individual, extending previous work to show that the main insights from models with rational goals carry over to a setting with non-rational goals. Goals motivate because they serve as reference points that make...
Persistent link: https://www.econbiz.de/10013244262
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Managerial Incentives and Favoritism in Promotion Decisions : Theory and Field Evidence
Berger, Johannes - 2011
This paper investigates the effects of managerial incentives on favoritism in promotion decisions. First, we theoretically show that favoritism leads to a lower quality of promotion decisions and in turn lower efforts. But the effect can be mitigated by pay-for-performance incentives for...
Persistent link: https://www.econbiz.de/10013128837
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Moody Choice
Manzini, Paola - 2011
If choices depend on the decision maker's mood, is the attempt to derive any consistency in choice doomed? In this …
Persistent link: https://www.econbiz.de/10013133371
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Independent Individual Decision-Makers in Household Models and the New Home Economics
Grossbard, Shoshana Amyra - 2010
Much of the recent literature in household economics has been critical of unitary models of household decision … discusses another alternative: independent individual models of decision-making that don't make any specific assumptions of … jointness of decision-making in households. Unitary models are typically associated with Gary Becker even though most of Becker …
Persistent link: https://www.econbiz.de/10013139037
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Is It Money or Brains? The Determinants of Intra-Family Decision Power
Bertocchi, Graziella - 2012
We empirically study the determinants of intra-household decision power with respect to economic and financial choices …'s characteristics in terms of age, education, and income. The main conclusion is that decision-making power over family economics is not …
Persistent link: https://www.econbiz.de/10013104671
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Does Everyone Use Probabilities? Intuitive and Rational Decisions About Stockholding
Binswanger, Johannes - 2013
to a better understanding of the role of cognitive skills in decision making under uncertainty …
Persistent link: https://www.econbiz.de/10013085047
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Confucianism and Preferences : Evidence from Lab Experiments in Taiwan and China
Liu, Elaine - 2013
This paper investigates how Confucianism affects individual decision making in Taiwan and in China. We found that …
Persistent link: https://www.econbiz.de/10013073810
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Labour Force Participation of Mature Age Men in Australia : The Role of Spousal Participation
Mavromaras, Kostas G. - 2013
2001 to 2011. We focus on couples with a mature age husband, and estimate the interdependence of the participation decision … of the couple. We find that the decision of a wife to work or not influences positively, and in a causal fashion, the … decision of her husband to work or not. In our paper we use counterfactual analysis to estimate the impact of the increasing …
Persistent link: https://www.econbiz.de/10013076508
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The Influence of Hidden Researcher Decisions in Applied Microeconomics
Huntington-Klein, Nick - 2020
Researchers make hundreds of decisions about data collection, preparation, and analysis in their research. We use a many-analysts approach to measure the extent and impact of these decisions. Two published causal empirical results are replicated by seven replicators each. We find large...
Persistent link: https://www.econbiz.de/10012833890