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Agency and communication in IMF conditional lending: theory and empirical evidence
Marchesi, Silvia; Sabani, Laura; Dreher, Axel - 2009
We focus on the role that the transmission of information between a multilateral (the IMF) and a country has for the optimal design of conditional reforms. Our model predicts that when agency problems are especially severe, and/or IMF information is valuable, a centralized control is indeed...
Persistent link: https://www.econbiz.de/10010264578
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Agency and communication in IMF conditional lending: theory and empirical evidence
Marchesi, Silvia; Sabani, Laura; Dreher, Axel - 2009
We focus on the role that the transmission of information between a multilateral (the IMF) and a country has for the optimal design of conditional reforms. Our model predicts that when agency problems are especially severe, and/or IMF information is valuable, a centralized control is indeed...
Persistent link: https://www.econbiz.de/10010269064
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Agency and communication in IMF conditional lending: Theory and empirical evidence
Marchesi, Silvia; Sabani, Laura; Dreher, Axel - 2009
We focus on the role that the transmission of information between a multilateral (the IMF) and a country has for the optimal design of conditional reforms. Our model predicts that when agency problems are especially severe, and/or IMF information is valuable, a centralized control is indeed...
Persistent link: https://www.econbiz.de/10010281823
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EU insolvency regulation and its impact on European business
Wessels, Bob - In: CESifo DICE Report 04 (2006) 1, pp. 16-21
Persistent link: https://www.econbiz.de/10011696572
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Mediocrity and induced reciprocity
Montinari, Natalia; Nicolò, Antonio; Oexl, Regine - 2012
We report evidence from an experiment where a principal chooses an agent out of two to perform a task for a fixed compensation. The principal's payoff depends on the agent's ex-ante ability and on a non-contractible effort that the agent has to exert once employed. We find that a significant...
Persistent link: https://www.econbiz.de/10010291826
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How to talk to multiple audiences
Goltsman, Maria; Pavlov, Gregory - 2008
We analyze the performance of various communication protocols in a generalization of the Crawford-Sobel (1982) model of … possible that informative communication with one or both receivers is impossible in private, but possible in public. When the … by public communication with the flexibility provided by private communication and transmit more information to the …
Persistent link: https://www.econbiz.de/10010291984
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Communication, cooperation and collusion in team tournaments: An experimental study
Sutter, Matthias; Strassmair, Christina - 2007
We study the effects of communication in an experimental tournament between teams. When teams, rather than individuals … communication in such situations may have ambiguous effects on effort choices. Communication within teams may promote higher efforts … by mitigating the internal free-rider problem. Communication between competing teams may lead to collusion, thereby …
Persistent link: https://www.econbiz.de/10010293434
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The effect of signalling and beliefs on the voluntary provision of public goods
Berlemann, Michael - 2003
We report and analyze the results of a series of classroom experiments on the voluntary provision of public goods. Using fixed effect panel regression models we find that cooperation significantly increases when participants are forced to guess the degree of overall cooperation. We also find...
Persistent link: https://www.econbiz.de/10010305450
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Die COMPASS-Methodik: COMPAnies and sectors path to sustainability. Unternehmen und Branchen auf dem Weg zur Zukunftsfähigkeit. Zukunftsfähiges Unternehmen (5)
Kuhndt, Michael; Liedtke, Christa - 1999
Sustainable development remains a formidable challenge for the societies of the 21st century. A number of concepts have been put forward on how to reach sustainability at a macro-economic level. These concepts are based on different points of view of economic, social and environmental systems...
Persistent link: https://www.econbiz.de/10010306151
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SAFE - Sustainability Assessment For Enterprises: Die Methodik. Ein Instrument zur Unterstützung einer zukunftsfähigen Unternehmens- und Organisationsentwicklung
Rohn, Holger; Baedeker, Carolin; Liedtke, Christa - 2001
factors for this implementationinclude the improvement of information and communication within the company, the increase in …
Persistent link: https://www.econbiz.de/10010306154