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Privilege-seeking activities in organizational politics and its effect on more productive employees

Epstein, Gil S.; Herniter, Bruce C. - 2011

rentseeking, management relations, or organizational politics), can be used by a worker to misrepresent his actual contribution …. These activities lead to a reduction in productivity and consequently to a loss of profits. Management may decrease the firm …, forcing the remaining workers to invest in productive activities. This contradicts existing theory that unequal compensation …

Persistent link: https://www.econbiz.de/10010335981

False consciousness in financial markets: Or is it in ivory towers?

Schnytzer, Adi; Westreich, Sara - 2009

In general, models in finance assume that investors are risk averse. An example of such a recent model is the pioneering work of Aumann and Serrano, which presents an economic index of riskiness of gambles which is independent of wealth and holds (as might be understood from the adjective...

Persistent link: https://www.econbiz.de/10010335983

Male vs. female guest-worker migration: Does it matter for fertility in the source country?

Azarnert, Leonid V. - 2011

Men's additional income from their guest-worker employment generates a pure income effect, which increases fertility. The timing of women's higher-wage employment relative to child bearing is crucial for its effect on fertility. If women work abroad during the same time period when they can bear...

Persistent link: https://www.econbiz.de/10010335987

Promiscuous elites and economic development

Brezis, Elise S. - 2012

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

Why pay taxes when no one else does?

Epstein, Gil S.; Gang, Ira N. - 2009

Previous papers tested the validity of the Family Investment Hypothesis (FIH) among immigrants by comparing the labor market outcomes of immigrant couples and native or mixed couples. Here we propose an alternative test for the FIH which is based on a comparison between married and single...

Persistent link: https://www.econbiz.de/10010335989

Demystifying the 'metric approach to social compromise with the unanimity criterion'

Nitzan, Shmuel - 2009

In a recent book and earlier studies, Donald Saari well clarifies the source of three classical impossibility theorems in social choice and proposes possible escape out of these negative results. The objective of this note is to illustrate the relevance of these explanations in justifying the...

Persistent link: https://www.econbiz.de/10010335990

The effect of limited search ability on the quality of competitive rent-seeking clubs

Nitzan, Shmuel; Kriesler, Kobi - 2010

A competitive rent-seeking club (CRSC) offers its members the chance of winning a prize (status, position, privilege) by being selected, typically, by a civil servant or a politician. The selector replaces in our setting the usual contest success function; instead of determining the winner on...

Persistent link: https://www.econbiz.de/10010335991

The impact of worker effort on public sentiment towards temporary migrants

Epstein, Gil S.; Venturini, Alessandra - 2011

Temporary and circular migration programs have been devised by many destination countries and supported by the European Commission as a policy to reduce welfare and social costs of immigration in destination countries. In this paper we present an additional reason for proposing temporary...

Persistent link: https://www.econbiz.de/10010335993

Static stability in games

Milchtaich, Igal - 2008

Static stability of equilibrium in strategic games differs from dynamic stability in not being linked to any particular dynamical system. In other words, it does not make any assumptions about off-equilibrium behavior. Examples of static notions of stability include evolutionarily stable...

Persistent link: https://www.econbiz.de/10010335995

Group specific public goods, orchestration of interest groups and free riding

Epstein, Gil S.; Mealem, Yosef - 2009

We consider a two group contest over a group specific public good where each member of a group has a different benefit from the good. Our model can be interpreted in two ways: Each of the players has a non-linear investment cost in the contest, or alternatively, the returns to effort are...

Persistent link: https://www.econbiz.de/10010336001