Showing 1 - 10 of 413
Regulation consists of rulemaking and enforcement. Economic theory offers two complementary rationales for regulating … arise in multi- party relationships and that regulation introduces opportunities to impose rules that enhance the welfare of … discretion and choose actions for the common good. Agency-cost theories portray regulation as a way to raise the quality of …
Persistent link: https://www.econbiz.de/10012472798
The regulation of many activities depends on whether societies consider them morally controversial or "repugnant". Not … only have regulation and related ethical concerns changed over time, but there is also heterogeneity across countries at a …
Persistent link: https://www.econbiz.de/10012455467
This paper provides empirical evidence of favoritism by agents, where that favoritism is generated by social pressure. To do so, we explore the behavior of professional soccer referees. Referees have discretion over the addition of extra time at the end of a soccer game (called injury time), to...
Persistent link: https://www.econbiz.de/10012470344
Every year, 90 percent of Americans give money to charities. Is such generosity necessarily welfare enhancing for the giver? We present a theoretical framework that distinguishes two types of motivation: individuals like to give, e.g., due to altruism or warm glow, and individuals would rather...
Persistent link: https://www.econbiz.de/10012463021
Concerns about social image may negatively affect schooling behavior. We identify two potentially important peer cultures: one that stigmatizes effort (thus, where it is "smart to be cool") and one that rewards ability (where it is "cool to be smart"). We build a model showing that either may...
Persistent link: https://www.econbiz.de/10012455660
We analyze the costs and benefits of using social image to foster virtuous behavior. A Principal seeks to motivate reputation-conscious agents to supply a public good. Each agent chooses how much to contribute based on his own mix of public-spiritedness, private signal about the value of the...
Persistent link: https://www.econbiz.de/10012456472
variation in TTO efficiency. Relative productivity may also depend on organizational practices in university management of …
Persistent link: https://www.econbiz.de/10012471534
This paper studies alternative empirical strategies for estimating the effects of organization design practices on performance, as well as the factors which determine organizational design, in a cross-section of firms. Our economic model is based on a firm where multiple organizational design...
Persistent link: https://www.econbiz.de/10012472211
We study the impact of information and communication technology on growth through its impact on organization and innovation. Agents accumulate knowledge through two activities: innovation (discovering new technologies) and exploitation (learning how to use the current technology). Exploitation...
Persistent link: https://www.econbiz.de/10012464941
This paper examines the relationship between membership in social fraternities and sororities and binge drinking among 18-24 year old full-time four-year college students who participated in the 1995 National College Health Risk Behavior Survey. To deal with unobserved heterogeneity in binge...
Persistent link: https://www.econbiz.de/10012466196