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A theory of leadership is proposed and tested. Leaders are characterized as those who have the ability to choose the … right direction more frequently than their peers. The theory implies that leaders tend to be more able, place themselves in … visible decision making situations more frequently, and are generalists. Also, the most able leaders should be found in the …
Persistent link: https://www.econbiz.de/10012462733
communicates the future course of action of the organization. In practice, leaders learn about the best course of action for the … of the mission statement. But resolute leaders also inhibit communication with followers and leader resoluteness is …
Persistent link: https://www.econbiz.de/10012464309
A vast labor literature has found evidence of a "glass ceiling", whereby women are under-represented among senior management. A key question remains the extent to which this reflects unobserved differences in productivity, preferences, prejudice, or systematically biased beliefs about the...
Persistent link: https://www.econbiz.de/10012466682
the role of social interactions with local female leaders for sustaining program impacts. The social interactions are … identified through the randomized assignment of leaders and other beneficiaries to different cash transfer packages. Random … exposure to leaders that received the largest package was found to augment short-term program impacts on households …
Persistent link: https://www.econbiz.de/10012455809
leadership. By observing both leaders and followers during the war and forty years after it, I establish that the most able … became wartime leaders, that leading by example from the front was an effective strategy in reducing desertion rates, and …The US Civil War provides researchers a unique opportunity to identify wartime leaders and thus to test theories of …
Persistent link: https://www.econbiz.de/10012461276
We examine the mechanics of deterrence and intervention when fear is a motive for conflict. We contrast results obtained in a complete information setting, where coordination is easy, to those obtained in a setting with strategic risk, where players have different assessments of their...
Persistent link: https://www.econbiz.de/10012464685
previous Boston mechanism, a priority matching mechanism, and the case in favor of the change to a strategy-proof mechanism … unassigned students could have been assigned to one of their stated choices with a different strategy under the current mechanism …. This interaction between sophisticated and unsophisticated players identifies a new rationale for strategy-proof mechanisms …
Persistent link: https://www.econbiz.de/10012466706
A single macroeconomic factor based on growth in the capital share of aggregate income exhibits significant explanatory power for expected returns across a range of equity characteristic portfolios and non-equity asset classes, with risk price estimates that are of the same sign and similar in...
Persistent link: https://www.econbiz.de/10012457922
strategy are common across the two models: In particular, highly inertial interest rate rules that respond to nominal income or …
Persistent link: https://www.econbiz.de/10012458054
the abnormal performance of defensive equity (i.e., low volatility and/or low beta strategies). While defensive strategy …
Persistent link: https://www.econbiz.de/10012458074