We examine the relationship between the employment and compensation of managers and CEOs and the presence of a … monitoring, which requires more managers. The model also assumes rent sharing between workers, managers and the owners of the … firm. Unions, by redistributing rents towards the workers, lead to lower employment and lower pay for managers. Using a …

An empirically founded and widely established driving force in opinion dynamics is homophily i.e. the tendency of … opinion clusters and polarisation. We investigate the role of heterogeneous priors in opinion formation, introduce the concept … of opinion copulas, argue that it is well supported by findings in Social Psychology and use it to show that the …