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Recent studies of sectoral specialisation and technological development across market economies have shown how contrasting patterns of technical change can be explained by the different institutional frameworks that have become established in distinct types of economy (see, e.g., Casper, 2000;...
Persistent link: https://www.econbiz.de/10005869974
One might easily gain the impression that the academic work of Professor Erich Guten-berg, whose centenary provides the occasion for this lecture, is outdated and has lost touch with contemporary economic theories of the firm. However, this impression would be wrong, as this paper demonstrates...
Persistent link: https://www.econbiz.de/10005840400
Persistent link: https://www.econbiz.de/10005841013
We use a principal-agent framework to reexamine the implications of the negligence and strict liability rules when the tortfeasor is an agency. (...)
Persistent link: https://www.econbiz.de/10005841059
A model where a portion of the population participates in illegal activities is developed. The propensity to participate in crimes depends on the probability and the opportunity cost of beingarrested. The government can influence these variables by law enforcement expenditures and by social...
Persistent link: https://www.econbiz.de/10005841060
We provide a condition for ranking of information systems in agencyproblems. The condition has a straightforward economic interpretation in terms of the sensitivity of a cumulative distribution with respect to the agents effort. The criterion is shown to be equivalent to the mean preserving...
Persistent link: https://www.econbiz.de/10005841061
This paper deals with endogenous determination of effort as a source of productivity growth.
Persistent link: https://www.econbiz.de/10005841063
einen Beitrag zum Verständnis für die Tatsacheleisten, dass man in den USA trotz größeren Aufwandes für …
Persistent link: https://www.econbiz.de/10005841064
Die Abteilung Produktionssysteme des Institut Arbeits und Technik war im November 1995Gastgeber der 15. Tagung Mensch Maschine Kommunikation, kurz MMK. DieserBericht zur Tagung umfaßt neben den Ergebnissen der vier Arbeitsgruppen zu den Themen«Irritation als Methode», «Risikomanagement im...
Persistent link: https://www.econbiz.de/10005843952
Der Aufsatz widmet sich dem Verhältnis von formaler Organisation, informaler Organisation und Regelverletzung und versucht so einen Beitrag zu einem veränderten Verständnis von "Organisation" zu leisten. Angeregt durch eine Charakterisierung der Literatur durch Jorge Luis Borges, kommt der...
Persistent link: https://www.econbiz.de/10005843953