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Persistent link: https://www.econbiz.de/10009560889
Management research has long focused on the theory of the firm, studying for-profit organizations that produce … organizational theory, innovation economics, and industrial organization should therefore be critically examined. -- theory of the … firm ; organization theory ; for-profit firms ; community enterprise ; Wikipedia …
Persistent link: https://www.econbiz.de/10009124215
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. First steps towards integrating awards into economic theory are undertaken. -- Awards ; non-monetary incentives ; economics …
Persistent link: https://www.econbiz.de/10003806044
This paper analyzes awards as a means of motivation prevalent in the scientific community, but so far neglected in the economic literature on incentives, and discusses their relationship to monetary compensation. Awards are better suited than performance pay to reward scientific tasks, which are...
Persistent link: https://www.econbiz.de/10003807766
The sinking of the Titanic in April 1912 took the lives of 68 percent of the people aboard. Who survived? It was women and children who had a higher probability of being saved, not men. Likewise, people traveling in first class had a better chance of survival than those in second and third...
Persistent link: https://www.econbiz.de/10003808139
There is a widespread feeling that a substantial and increasing share of activities take place outside the official economy. This holds, in particular, for developing and transition but also for high income economies. Such activities are unrecorded by the system of national income accounting,...
Persistent link: https://www.econbiz.de/10009750845
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micro-economic theory on the level of individuals. Since economics is a social science, this article proposes that the next …
Persistent link: https://www.econbiz.de/10010187548
This paper discusses and proposes random selection as a component in decision-making in society. Random procedures have played a significant role in history, especially in classical Greece and the medieval city-states of Italy. We examine the important positive features of decisions by random...
Persistent link: https://www.econbiz.de/10010359999