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Much economic analysis derives policy recommendations based on social welfare criteria intended to model the preferences of a policy maker. Yet, little is known about policy maker's normative views in a way amenable to this use. In a behavioral experiment, we elicit German legislators' social...
Persistent link: https://www.econbiz.de/10014247240
Subjective performance evaluations are commonly used to provide feedback and incentives to workers. However, such evaluations can generate significant disagreements and conflicts, the severity of which may be driven by many factors. In this paper we show that a workers' level of self-confidence...
Persistent link: https://www.econbiz.de/10011927889
Subjective performance evaluations are commonly used to provide feedback and incentives to workers. However, such evaluations can generate significant disagreements and conflicts, the severity of which may be driven by many factors. In this paper we show that a workers' level of self-confidence...
Persistent link: https://www.econbiz.de/10011992961
Behavioural economics and economic experiments can offer valuable insights to policymakers. Liberal or soft paternalism …-level private mechanisms to avoid such pitfalls is put forward as a promising approach. Regarding paternalism as well as soft … paternalism as enemies to freedom, liberal economists reject such state interference. …
Persistent link: https://www.econbiz.de/10010431519
Parkinson's law states that work expands to fill the time available for its completion and that the number of administrators in an office is bound to increase over time. An unique laboratory to test Parkinson's ideas are vehicle registration offices in Germany. Using their data we found...
Persistent link: https://www.econbiz.de/10010299121
Recent healthcare reforms have sought to increase efficiency by introducing managed care (MC) as an alternative to conventional care. This article proposes an institutional change designed to let German consumers choose between the two settings through directing payments from the Federal Health...
Persistent link: https://www.econbiz.de/10011616219
Cross-country evidence on student achievement might be hampered by omitted country characteristics such as language or legal differences. This paper uses cross-state variation in Germany, whose sixteen states share the same language and legal system, but pursue different education policies. The...
Persistent link: https://www.econbiz.de/10010264118
We investigate the matching algorithm used by the German central clearinghouse for university admissions (ZVS) in medicine and related subjects. This mechanism consists of three procedures based on final grades from school (Abiturbestenverfahren, Auswahlverfahren der Hochschulen) and on waiting...
Persistent link: https://www.econbiz.de/10010264992
As a result of the prevailing governance structure, economic policy in democracies usually suffers from specific deficiencies. Among these are the predominance of distributive over efficiency objectives, the neglect of long-run effects, and the lack of or biased use of expert knowledge in the...
Persistent link: https://www.econbiz.de/10010270390
We investigate the matching algorithm used by the German central clearinghouse for university admissions (ZVS) in medicine and related subjects. This mechanism consists of three procedures based on final grades from school (Abiturbestenverfahren, Auswahlverfahren der Hochschulen) and on waiting...
Persistent link: https://www.econbiz.de/10010271836