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narrative on efficiency wage and x-efficiency theory (includes the importance of fairness) (iii) building upon x-efficiency and … efficiency wage theory to better understand the demand side of the labor market (iv) discussing some of the cognitive …
Persistent link: https://www.econbiz.de/10013050704
Does risk attitude (aversion or attraction) vary with the level of the income at risk? About half of our subjects chose to insure all levels, whereas another half chose instead not to insure low levels, but to insure high levels
Persistent link: https://www.econbiz.de/10014196007
Ranking have become increasingly popular on markets for study programs, restaurants, wines, cars, etc. This paper analyses the welfare implication of such rankings. Consumers have to make a choice between two goods of unknown quality with exogenous presence or absence of an informative ranking....
Persistent link: https://www.econbiz.de/10009385758
Organizations often introduce temporary incentive programs with a view of establishing long lasting behaviors. Monetary payoffs are awarded upon achievement of team goals, which measure the success of the initiative. In this study I explore whether and how organizational behavior modifications...
Persistent link: https://www.econbiz.de/10011876922
Various approaches used in Agent-based Computational Economics (ACE) to model endogenously determined interactions between agents are discussed. This concerns models in which agents not only (learn how to) play some (market or other) game, but also (learn to) decide with whom to do that (or not).
Persistent link: https://www.econbiz.de/10014024384
individual contract terms. One of the major virtues of this explanation (and of standard economic theory in general) is that it …
Persistent link: https://www.econbiz.de/10014072782
Persistent link: https://www.econbiz.de/10012129457
Employers use applicant signals to help solve an asymmetric information problem in organizations. In this paper, we examine the impact of validated Dark versus Light personality traits on incentivized behaviors important to organizations: task effort, honesty, and reciprocity. A second study...
Persistent link: https://www.econbiz.de/10015062026
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