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The Peter Principle captures two stylized facts about hierarchies: first, promotions often placeemployees into jobs for which they are less well suited than for that previously held. Second,demotions are extremely rare...
Persistent link: https://www.econbiz.de/10005862318
insured individuals. Thus, the functioning of social norms depends crucially on information, in particular on what norm … enforcers are able to observe about an insured individual's behavior. Information is also decisive when distinguishing between …
Persistent link: https://www.econbiz.de/10010482983
assume that consumers may with increasing complexity of the market place focus on selected dimensions of products. We also …
Persistent link: https://www.econbiz.de/10010500562
assume that consumers may with increasing complexity of the market place focus on selected dimensions of products. We also …
Persistent link: https://www.econbiz.de/10010498486
consumers may with increasing complexity of the market place focus on selected dimensions of products (see, for example …
Persistent link: https://www.econbiz.de/10010188722
assume that consumers may with increasing complexity of the market place focus on selected dimensions of products. We also …
Persistent link: https://www.econbiz.de/10011213915
insured individuals. Thus, the functioning of social norms depends crucially on information, in particular on what norm … enforcers are able to observe about an insured individual's behavior. Information is also decisive when distinguishing between …
Persistent link: https://www.econbiz.de/10010504505
and the firm can base its incentive payments on good information. Competition, however, may allow themarket and explicit …
Persistent link: https://www.econbiz.de/10011316894
information), informative and observed only by the principal (private information), or also observed by the agent (public … information). We show that, from an ex ante standpoint (before the signal is observed): (i) the agent prefers private to both null … and public information; (ii) the principal sometimes prefers null to both private and public information; and (iii) when …
Persistent link: https://www.econbiz.de/10011049676
insured individuals. Thus, the functioning of social norms depends crucially on information, in particular on what norm … enforcers are able to observe about an insured individual’s behavior. Information is also decisive when distinguishing between …
Persistent link: https://www.econbiz.de/10011166099