In this paper, we develop a simple general-equilibrium trade model in which heterogeneous workers make an investment decision in acquiring advanced managerial skills and choose their optimal effort level based on their own individual organizational beliefs and CEOś managerial vision. In doing...

Taxes levied on production processes (e.g. VAT), are today a very important source of government revenues in developed economies. Theories of optimal taxation conclude that these taxes are detrimental to production efficiency, when firms operate in perfectly competitive markets. These theories...

Change Management beeinflusst die Wohlfahrt von Mitarbeitern, Managern und Organisationseinheiten auf unterschiedliche Weise. Selbst wenn organisatorischer Wandel langfristig einen positiven Wohlfahrtseffekt hat, können Widerstände entstehen, die sich als einseitige Rationalfallen...

Organisatorischer Wandel impliziert in vielen Fällen eine Zunahme der Risiken für die Belegschaft. Hieraus ergeben sich oft Widerstände. Dieser Beitrag veranschaulicht, wie Change Manager mithilfe geeigneter Governance-Strukturen die Risikoproduktivität im Unternehmen erhöhen können. Dies...

The situational logic of multi-sided dilemmas often inhibits organizational change. This article develops a heuristic that can support change managers in distinguishing between optimization of moves within a game and adjustment of formal and informal governance structures of the game. This...

Taxes levied on production processes (e.g. VAT), are today a very important source of government revenues in developed economies. Theories of optimal taxation conclude that these taxes are detrimental to production efficiency, when firms operate in perfectly competitive markets. These theories...