Narrow search
Showing 1 - 10 of 2,276
Cover Image
Who Chooses Whom? Syndication, Skills and Reputation
Tykvová, Tereza - 2005
Syndication, which is a joint realization of one project/one investment by several capital providers, is a long existing phenomenon that plays a central role in many financial market segments. Within this paper we develop a theoretical model focusing on the dynamic aspect of syndication, namely...
Persistent link: https://www.econbiz.de/10010297486
Cover Image
Contractual relations between European VC-funds and investors: The impact of reputation and bargaining power on contractual design
Schmidt, Daniel; Wahrenburg, Mark - 2003
reputation of VC-funds and changes in the overall demand for venture capital services. We find that established funds are more … participants care more about their reputation, have less incentive to behave opportunistically and therefore need less covenant … money. We interpret this as evidence that established funds have actually less reason to care about their reputation as …
Persistent link: https://www.econbiz.de/10010298250
Cover Image
On the Notion of Responsibility in Organizations
Sliwka, Dirk - 2004
this task. We show, that those announced beliefs lead to a self fulfilling prophecy as the reputation of the responsible …
Persistent link: https://www.econbiz.de/10010262163
Cover Image
Reputation, social identity and social conflict
Smith, John - 2007
We interpret the psychology literature on social identity and examine its implications in a population partially composed of such agents. We model a population of agents from two exogenous and well defined social groups. Agents are randomly matched to play a reduced form bargaining game. We show...
Persistent link: https://www.econbiz.de/10010266354
Cover Image
Social preferences?: Google answers!
Regner, Tobias - 2009
experimental literature we find evidence that tipping is motivated by reciprocity, but also by reputation concerns among frequent … users with an established reputation for non-tipping tend to get low effort answers. In addition, we analyse how tipping is …
Persistent link: https://www.econbiz.de/10010266676
Cover Image
Reputations, relationships and the enforcement of incomplete contracts
MacLeod, W. Bentley - 2006
This paper discusses the literature on the enforcement of incomplete contracts. It compares legal enforcement to enforcement via relationships and reputations. A number of mechanisms, such as the repeat purchase mechanism (Klein and Leffler (1981)) and efficiency wages (Shapiro and Stiglitz...
Persistent link: https://www.econbiz.de/10010267674
Cover Image
Why volunteer? Evidence on the role of altruism, reputation, and incentives
Carpenter, Jeffrey P.; Myers, Caitlin Knowles - 2007
Volunteering plays a prominent role in the charitable provision of goods and services, yet we know relatively little about why people engage in such prosocial acts. The list of possible motivations is long, but recent research has focused on altruism, reputational concerns, and material...
Persistent link: https://www.econbiz.de/10010268518
Cover Image
On reputation: a microfoundation of contract enforcement and price rigidity
Fehr, Ernst; Brown, Martin; Zehnder, Christian - 2008
price rigidity. Reputation powerfully amplifies the positive effects of social preferences on contract enforcement by … interactions, suggesting that it may aggravate price rigidities. Surprisingly, reputation in fact weakens the wage and price …
Persistent link: https://www.econbiz.de/10010268857
Cover Image
Screening, competition, and job design: economic origins of good jobs
Bartling, Björn; Fehr, Ernst; Schmidt, Klaus M. - 2010
In recent decades, many firms offered more discretion to their employees, often increasing the productivity of effort but also leaving more opportunities for shirking. These high-performance work systems are difficult to understand in terms of standard moral hazard models. We show experimentally...
Persistent link: https://www.econbiz.de/10010269521
Cover Image
Coordination under the shadow of career concerns
Koch, Alexander K.; Morgenstern, Albrecht - 2009
To innovate, employees need to develop novel ideas and coordinate with each other to turn these ideas into better products and services. Work outcomes provide signals about employees' abilities to the labor market, and therefore career concerns arise. These can both be 'good' (enhancing...
Persistent link: https://www.econbiz.de/10010271239