Consider a repeated principal-agent setting with verifiable effort and an extra profit that can materialize only if the agent is talented. The agent is overconfident and updates beliefs using Bayes’ rule. The agent's principal-expected compensation decreases over time until high talent is...

Despite the potential importance of awards as a possible career catalyst, the theoretical and empirical research on awards is still in its infancy. Here, we address this notable shortcoming in the economic literature by exploring data from German youth football. Analyzing whether an early career...

Trends wie der demografische Wandel, technisch-ökonomische Entwicklungen sowie der gesellschaftliche Wertewandel stellen Arbeitgeber wie Arbeitnehmer vor nicht unerhebliche Herausforderungen. Eine Lebensphasenorientierte Personalpolitik rückt nicht nur die Lebens- und Berufssituation der...