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We examine whether economic and military competence of political leaders affect their duration in office. We introduce leader heterogeneity in the selectorate theory of Bueno de Mesquita et al. (2003) and derive the hypothesis that in the presence of a revolutionary threat, economic competence...
Persistent link: https://www.econbiz.de/10010204673
We construct a dynamic model of two-sided sorting in labor markets with multi-dimensional agent and firm heterogeneity. We apply it to study optimal party structure and the decision of how (de)centralized candidate recruitment should be. Parties are non-unitary actors and compete at the local...
Persistent link: https://www.econbiz.de/10014229853
downstream task must be done by the worker, but the upstream task can be done by either the manager or the worker. An effort for … the upstream task is a hidden action of the party in charge of the task. The realized project environment is the manager …'s private information. We show that, when the upstream task is easy, the manager may assign the task to herself, even if her …
Persistent link: https://www.econbiz.de/10013025119
tournaments there was an additional prize for the branch manager). We also surveyed the branch managers and employees prior to our …, as well as teams with a manager that encourages teamwork, perform better in the tournament. However, the effects are … reversed when the tournament awards a prize to the branch manager. The results are consistent with leadership prizes …
Persistent link: https://www.econbiz.de/10013247842
We develop a formal model of the internal game between the leader and the factions of a party, to study the effect of party leadership on electoral success. Factions are of interest or of principle. The probability of winning an election is increasing in the leader's charisma, but also in party...
Persistent link: https://www.econbiz.de/10013228401
Many challenges face the strategic leader who must deal with both the need for continuity and the need for change. Strategic leadership sets the directions, meaning, purposes, and goals of the organization. A long-term perspective is required along with many other competencies. Examples are...
Persistent link: https://www.econbiz.de/10014217620
A leader of an organization may view a subordinate as threatening or weakening the leader's position. The threat may increase with the subordinate's ability and reduce the rents the leader wins. In particular, a leader who trains his subordinate reduces the cost to the owner of a firm in...
Persistent link: https://www.econbiz.de/10009502699
Individual leaders have been central to the transformation of political institutions, organizations and many instances of social and economic reform. Why are some leaders able to take advantage of opportunities to successfully catalyze large-scale change while others fail? In this paper we argue...
Persistent link: https://www.econbiz.de/10013316506
This paper analyses leadership and charisma within the framework of social choice. In societies that lack formal institutional authorities, the power of leaders to coerce is limited. Under such conditions, we find that social outcomes will depend not only on policy preferences but also on how...
Persistent link: https://www.econbiz.de/10014225045
Consumers may observe previous consumers' choices. They may follow their choices if they think these consumers are better informed. In turn, firms may concentrate on influencing the early consumers. This, in turn, changes the nature of early consumers' choice behavior as a signal for other...
Persistent link: https://www.econbiz.de/10014073311