Why did inflation fall so dramatically after the establishment of a currency board in Bulgaria in 1997? The establishment of the currency board was the response to a very severe financial crisis where inflation reached hyperinflationary levels. After the currency board was introduced, inflation...

Abstract The ownership and governance of for-profit (FP), nonprofit (NP), and local government (LG) organizations are different. Therefore, the objectives of these different types of organizations and their performance may differ. We conjecture that in markets where there is substantial...

Purpose – The purpose of this paper is to examine the mechanisms by which decisions about others are affected by the information known about them. The authors argue that the availability of information about deep-level attributes diminishes the role of surface-level attributes in how people...

An economic framework for understanding the incidence of less alienating job designs in varying industrial settings is developed. Both the supply and demand sides are discussed, and the approach is illustrated by consideration of the frequency of introduction of alienation‐reducing job designs...