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A well-known model in sociology and marketing is that of opinion leadership. Opinion leaders are actors who are able to affect the behavior of their followers. Hence, opinion leaders have some power over their followers, and they can exercise this power by influencing their followers choice of...
Persistent link: https://www.econbiz.de/10010325928
Decisions-makers often rely on information supplied by interested parties. In practice, some parties have easier access to information than other parties. In this light, we examine whether more powerful parties have a disproportionate influence on decisions. We show that more powerful parties...
Persistent link: https://www.econbiz.de/10010326186
The main purpose of the present paper is to disentangle the mix-up of the notions of success and satisfaction which is prevailing in the voting power literature. We demonstrate that both notions are conceptually distinct, and discuss their relationship and measurement. We show that satisfaction...
Persistent link: https://www.econbiz.de/10010326272
We explore experimentally how power asymmetries between partners affect relationship-specific investments. We find that on average players' investments are larger than equilibrium investments. In contrast to social dilemma experiments, in our experiment preferences for social welfare and those...
Persistent link: https://www.econbiz.de/10010332982
The compensation of executive board members in Germany has become a highly controversial topic since Vodafone's hostile takeover of Mannesmann in 2000 and it is again in the spotlight since the outbreak of the financial crisis of 2009. Based on unique panel data evidence of the 500 largest firms...
Persistent link: https://www.econbiz.de/10010334038
This paper analyzes the interconnection between elites and its effects on economic growth. For decades, the bureaucratic elite has been joining the business elite after leaving office, and this in growing numbers. This relationship has been termed the revolving door in English, pantouflage in...
Persistent link: https://www.econbiz.de/10010335988
Die Stimmanteile der Bundesländer im Bundesrat basieren auf einem Stufenmodell in Abhängigkeit von der Einwohnerzahl. Da die Abstimmungsmacht nicht dem relativen Stimmanteil eines Bundeslands entspricht, analysieren die Autoren die Verteilung der Abstimmungsmacht im Bundesrat mit Hilfe von...
Persistent link: https://www.econbiz.de/10010368504
, Macht und Herrschaft in ihrem komplexen Zusammenspiel von akteursbezogenem Handeln und strukturellen Faktoren zu begreifen … Aspekte von Macht anhand der klassischen Gegenüberstellung von Struktur und Handlung. Die gängige positivistische … als ein wissenschaftstheoretischer Ansatz, um sowohl Struktur als auch Handlung als Formen der Macht anzuerkennen und zu …
Persistent link: https://www.econbiz.de/10011600414
This paper provides a co-operative as well as a non-cooperative analysis of weighted majority games. The co-operative solution concept introduced here, the Stable Demand Set, yields a meaningful selection within the Mas-Colell Bargaining Set, it contains the Core, it eliminates the "dominated"...
Persistent link: https://www.econbiz.de/10011608407
Judicial decisions concerning industrial action have strengthened the right to strike and made lockouts virtually impossible. Employers respond to such a shift in the power on the labour market with relocations and power on the goods market. In addition the trade unions are threatened by...
Persistent link: https://www.econbiz.de/10011650590