To examine the impact of globalization on managerial compensation, we consider a matching model where a number of firms … compete both in the product market and in the managerial market. We show that globalization, i.e. the simultaneous integration …, while the most able managers obtain a wage increase, less able managers are faced with a reduction in wages. Hence our model …

, and Malaysian managers. While German students play Nash, we reject the hypothesis that both Malaysian students and … managers select the Nash quantity. Moreover, Malaysian managers perform significantly less competitively than Malaysian …

experiments, using both students and managers as subjects. Communication is implemented by two different devices, a 'standardized … triopoly. Moreover, managers behave in a similar way under the two communication devices, while students are more influenced by … the free-communication than by the standardized-communication device. In addition, managers select lower aggregate …