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Risk-taking tournaments: theory and experimental evidence

Nieken, Petra; Sliwka, Dirk - 2008

We study risk-taking behavior in a simple two person tournament in a theoretical model as well as a laboratory experiment. First, a model is analyzed in which two agents simultaneously decide between a risky and a safe strategy and we allow for all possible degrees of correlation between the...

Persistent link: https://www.econbiz.de/10010268692

Variable search intensity in an economy with coordination unemployment

Kaas, Leo - 2008

This paper analyzes an urn-ball matching model in which workers decide how intensively they sample job openings and apply at a stochastic number of suitable vacancies. Equilibrium is not constrained efficient; entry is excessive and search intensity can be too high or too low. Moreover, an...

Persistent link: https://www.econbiz.de/10010268694

A new unified theory of sociobehavioral forces

Jasso, Guillermina - 2007

This paper proposes a new unified theory of sociobehavioral forces. The goal of the new theory is to integrate theories … characteristics, and primordial sociobehavioral outcomes. The unified theory posits the operation of three sociobehavioral forces … distinctive identity and a distinctive magnitude of happiness. Thus, the theory enables systematic and parsimonious analysis of …

Persistent link: https://www.econbiz.de/10010268702

Calibration and IV estimation of a wage outcome equation in a dynamic environment

Belzil, Christian; Hansen, Jörgen - 2008

We consider an artificial population of forward looking heterogeneous agents making decisions between schooling, employment, employment with training and household production, according to a behavioral model calibrated to a large set of stylized facts. Some of these agents are subject to policy...

Persistent link: https://www.econbiz.de/10010268703

Trade and location with land as a productive factor

Pflüger, Michael; Tabuchi, Takatoshi - 2008

received no attention in the new trade theory and the new economic geography. We set up a simple monopolistic competition model …

Persistent link: https://www.econbiz.de/10010268704

Incentive design and trust: comparing the effects of tournament and team-based incentives on trust

Oxoby, Robert J.; Friedrich, Colette - 2008

We explore the extent to which the structure of incentives affects trust. We hypothesize that the degree to which different incentive mechanisms emphasize competition (via the perceived intentions of others) and entitlements (via the perceived property rights) will affect individuals' subsequent...

Persistent link: https://www.econbiz.de/10010268709

Human capital externalities and the urban wage premium: two literatures and their interrelations

Halfdanarson, Benedikt; Heuermann, Daniel F.; Südekum, Jens - 2008

In this paper we survey the recent developments in two empirical literatures at the crossroads of labor and urban economics: Studies about localized human capital externalities (HCE) and about the urban wage premium (UWP). After surveying the methods and main results of each of these two...

Persistent link: https://www.econbiz.de/10010268714

Gender based taxation and the division of family chores

Alesina, Alberto; Ichino, Andrea; Karabarbounis, Loukas - 2007

Gender Based Taxation (GBT) satisfies Ramsey's optimal criterion by taxing less the more elastic labor supply of (married) women. This holds when different elasticities between men and women are taken as exogenous and primitive. But in this paper we also explore differences in gender...

Persistent link: https://www.econbiz.de/10010268723

Subjective performance evaluation and inequality aversion

Grund, Christian; Przemeck, Judith - 2008

Many firms use subjective performance appraisal systems due to lack of objective performance measures. In these cases, supervisors usually have to rate the performance of their subordinates. Using such systems, it is a well established fact that many supervisors tend to assess the employees too...

Persistent link: https://www.econbiz.de/10010268730

Are oligarchs productive? Theory and evidence

Gorodnichenko, Yuriy; Grygorenko, Yegor - 2008

This paper develops a partial equilibrium model to account for stylized facts about the behavior of oligarchs, politically and economically strong conglomerates in transition and developing countries. The model predicts that oligarchs are more likely than other owners to invest in productivity...

Persistent link: https://www.econbiz.de/10010268738