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I examine the history of employee engagement and how it has been characterised by thinkers in sociology, psychology, management and economics. I suggest that, while employers may choose to invest in employee engagement, there are alternative management strategies that may be profit-maximising. I...
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How valuable are cognitive and social abilities for entrepreneurs’ incomes as compared to employees? We answer three questions: (1) To what extent does a composite measure of ability affect an entrepreneur's earnings relative to employees? (2) Do different cognitive abilities (e.g. math...
Persistent link: https://www.econbiz.de/10011376647
In this paper we investigate how cognitive ability and character skills influence behavior, success and the evolution of play towards Nash equilibrium in repeated strategic interactions. We study behavior in a p-beauty contest experiment and find striking differences according to cognitive...
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efficiency advantage is solely driven by intelligence. We operationalize efficiency of health investment as the probability of …) healthy, (ii) ill (in hospital), and (iii) death. We use data from a Dutch cohort born around 1940 that links intelligence … tests at age 12 to later-life hospitalization and mortality records. The results suggest that higher Intelligence induces …
Persistent link: https://www.econbiz.de/10010464787
education choices and health, such as (ob- served) parental background and (unobserved) intelligence, may play an important role … measurement system using IQ tests to identify latent intelligence. Educational choices, surviving up to old age and medication use … all depend on observed individual factors and on latent intelligence. Based on the estimation results, we derive the …
Persistent link: https://www.econbiz.de/10011874515
In der folgenden Studie möchten wir ausgewählte Aspekte von intra- und intergenerationalen Umverteilungseffekten im System der bundesdeutschen Alterssicherung auf der Basis der Humankapitalheorie mit Simulationsmethoden analysieren. Falls es das Ziel der Politik ist, die Ungleichheit des...
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