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(Smith 1962) and recent theoretical results (Dufwenberg et al. 2008) suggest that competition forces people to behave as if …
Persistent link: https://www.econbiz.de/10003935667
(Smith 1962) and recent theoretical results (Dufwenberg et al. 2008) suggest that competition forces people to behave as if …
Persistent link: https://www.econbiz.de/10003951883
Team production is a frequent feature of modern organizations. Combined with team incentives, team production can create externalities among workers, since their utility upon accepting a contract depends on their team's performance and therefore on their colleagues' productivity. We study the...
Persistent link: https://www.econbiz.de/10010245995
I study the effect of increasing competition on financial performance through labour leverage. To capture competition …
Persistent link: https://www.econbiz.de/10012308288
Persistent link: https://www.econbiz.de/10011815277
Persistent link: https://www.econbiz.de/10012204203
Using a promotion signaling model in which wages are realistically shaped by market forces, we analyze how male overconfidence combined with competitive workplace incentives affects gender equality in the labor market. Our main result is that overconfident workers exert more effort to be...
Persistent link: https://www.econbiz.de/10014233644
Gender differences in overconfidence have been extensively documented in the empirical literature, but the implications for labor market outcomes are not well understood. In this paper, we analyze how men's relatively higher overconfidence, combined with competitive job incentives, affects...
Persistent link: https://www.econbiz.de/10014249676
Persistent link: https://www.econbiz.de/10014461617
contrast, signaling leadership skills has no effect. Last, we consider the role of labor market competition. Companies facing … competition in the labor market, measured by the number of competitors advertising similar positions, are 56 to 66% less likely to … novel evidence that soft skills and labor market competition both play an important role in understanding hiring …
Persistent link: https://www.econbiz.de/10014531226