Modern management has given an extremely important place to managerial communication. It considers communication as a vital component of the managerial system of all organizations. A successful manager is the one that can communicate with the persons that he or she is leading, and the...

Modern management has given an extremely important place to managerial communication. It considers communication as a vital component of the managerial system of all organizations. A successful manager is the one that can communicate with the persons that he or she is leading, and the...

This paper considers the effects of an interim performance evaluation on the decision of a principal to delegate authority to a potentially biased but better informed agent. Assuming the agents’ outside option to be determined by market beliefs about their type, interim evaluations (a) provide...

This paper studies how morale in teams can break down. It interprets high morale as team members working together productively, either because of a sense of fairness or because of implicit incentives from repeated interactions. Team members learn that lay-offs will occur at a fixed future date,...

In a principal-agent model with hidden information and no monetary transfers, I establish the Veto-Power Principle: any incentive-compatible outcome can be implemented through veto-based delegation with an endogenously chosen default decision. This result demonstrates the exact nature of...

Die Institution Betriebsrat zeichnet sich angesichts des starken ökonomischen und technisch-organisatorischen Wandels in den letzten zwei Jahrzehnten durch eine relativ hohe Kontinuität aus. Die Betriebsratsforschung hat in dieser Zeit einen Aufschwung erfahren. Neue Fragestellungen wurden...