Showing 1 - 10 of 244
this task. We show, that those announced beliefs lead to a self fulfilling prophecy as the reputation of the responsible …
Persistent link: https://www.econbiz.de/10010262163
This paper discusses the literature on the enforcement of incomplete contracts. It compares legal enforcement to enforcement via relationships and reputations. A number of mechanisms, such as the repeat purchase mechanism (Klein and Leffler (1981)) and efficiency wages (Shapiro and Stiglitz...
Persistent link: https://www.econbiz.de/10010267674
Volunteering plays a prominent role in the charitable provision of goods and services, yet we know relatively little about why people engage in such prosocial acts. The list of possible motivations is long, but recent research has focused on altruism, reputational concerns, and material...
Persistent link: https://www.econbiz.de/10010268518
price rigidity. Reputation powerfully amplifies the positive effects of social preferences on contract enforcement by … interactions, suggesting that it may aggravate price rigidities. Surprisingly, reputation in fact weakens the wage and price …
Persistent link: https://www.econbiz.de/10010268857
In recent decades, many firms offered more discretion to their employees, often increasing the productivity of effort but also leaving more opportunities for shirking. These high-performance work systems are difficult to understand in terms of standard moral hazard models. We show experimentally...
Persistent link: https://www.econbiz.de/10010269521
To innovate, employees need to develop novel ideas and coordinate with each other to turn these ideas into better products and services. Work outcomes provide signals about employees' abilities to the labor market, and therefore career concerns arise. These can both be 'good' (enhancing...
Persistent link: https://www.econbiz.de/10010271239
An essential ingredient in models of career concerns is ex ante uncertainty about an agent's type. This paper shows how career concerns can arise even in the absence of any such ex ante uncertainty, if the unobservable actions that an agent takes influence his future productivity. By...
Persistent link: https://www.econbiz.de/10010276186
This paper derives the conditions under which fitness-reducing alleles can survive in a long-run stationary equilibrium for a trading population, extending the results in Saint-Paul (2002) for arbitrary systems of sexual reproduction.
Persistent link: https://www.econbiz.de/10010267633
diffusion of internet access in the late 1990?s. Which types of persons incorporated the internet into their job search strategy … internet job search derived from the December 1998 and August 2000 CPS Computer and Internet Supplements, matched with job … search outcomes from subsequent CPS files. We find that internet searchers are positively selected on observables, but …
Persistent link: https://www.econbiz.de/10010262563
We study firms' advertised gender preferences in a population of ads on a Chinese internet job board, and interpret …
Persistent link: https://www.econbiz.de/10010274545