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This article describes how there exists ample experimental evidence demonstrating a positive wage-effort relationship in which the results from the employee's effort lead to deterministic firm payoffs. The authors thus investigate a reframed version of the gift-exchange game in which the firms'...
Persistent link: https://www.econbiz.de/10012042552
discussed in order to understand the behavioral changes expectations along the ITG mechanisms adoption. The preliminary results …
Persistent link: https://www.econbiz.de/10012045905
expectations towards works councils turn out to be a blind spot of industrial relations research. In order to fill this gap we … conducted a qualitative exploratory study. Our results show that four types of expectations can be differentiated: (1 … issues. Moreover, the interviewees remarked some expectations with regard to personal characteristics of works councils. A …
Persistent link: https://www.econbiz.de/10014586335
Abstract While the large disparities in educational attainment by socioeconomic status in the United States point towards the importance of credit constraints, there is no consensus in the economic literature regarding their pervasiveness. To evaluate how subjective information can enhance our...
Persistent link: https://www.econbiz.de/10014586856
Abstract We examine stability under learning of sunspot equilibria in Real Business Cycle type models with indeterminacies. Our analysis emphasizes the importance of examining alternative representations of sunspot solutions. A general bivariate reduced form contains parameter regions in which...
Persistent link: https://www.econbiz.de/10014588457
How did Enron, a firm worth $60 billion, collapse over the discovery of a billion or so in hidden debt and fraudulent accounting? It didn't. Or, at least, not directly. Market makers like Enron and Ebay are in the "trust" business, just as banks and insurance companies are. Once trust was lost,...
Persistent link: https://www.econbiz.de/10014591472
Abstract Using a novel dataset, I quantify the magnitude of the EU-27 countries’ output gap revisions in 2002–2014, and study the implications of this uncertainty for the optimal fiscal policy with a DSGE model. I find that taking into account the output gap uncertainty (i.e. the difficulty...
Persistent link: https://www.econbiz.de/10014619367
communication management, and how understanding and managing expectations can increase organizations’ sensitivity toward stakeholder … voices and concerns. Design/methodology/approach – An example of mapping and identifying expectations is presented as a … crafting response strategies. Four types of expectations (must, will, should, and could) were identified in an empirical study …
Persistent link: https://www.econbiz.de/10014851183
user preferences and expectations. Design/methodology/approach Eleven semi-structured interviews with the users after …. Findings Two main themes were revealed addressing user expectations and preferences for smart office environments: “enhanced …
Persistent link: https://www.econbiz.de/10014852234
Purpose – This study aims to examine the changes in expectations and attitudes toward a brand over time. Furthermore … to examine moderator effects of such new information on an expectations‐attitude model. Design … information provision on temporal changes in expectations and attitude. Findings – The findings contribute to understanding the …
Persistent link: https://www.econbiz.de/10014849855