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Kirstein, Roland; Cooter, Robert - 2003

The paper proposes a mechanism that may implement first-best effort in simultaneous teams. Within the framework of this mechanism, each team members is obliged to make a fixed, non-contingent payment, and chooses his individual effort. After the output is produced, each team member receives a...

Persistent link: https://www.econbiz.de/10010296979

Co-operative Development and Corporate Governance Structures in German Co-operatives: Problems and Perspectives

Kramer, Jost W. - 2006

In Germany exist a large number of co-operatives that are engaged in a broad variety of business activities. Their organisational structure is determined by co-operative law and to a lesser degree by statutes or by-laws. As has been shown for German rural co-operatives by applying property...

Persistent link: https://www.econbiz.de/10010297077

The Interplay of Organizational Demography and Institutional Change

Beck, Nikolaus; Meyer, Mark - 2005

Our paper analyzes the interplay of organizational demography with the propensity to adopt an innovative practice. In particular, we examine how the demographical composition of professional German football teams influenced the adoption of the chain-defense-system (?Viererkette?) as well as the...

Persistent link: https://www.econbiz.de/10010297263

Reassessing the Impact of High Performance Workplaces

Zwick, Thomas; Wolf, Elke - 2002

High performance workplace practices were extolled as an efficient means to increase firm productivity. The empirical evidence is disputed, however. To assess the productivity effects of a broad variety of measures, we simultaneously account for both unobserved heterogeneity and endogeneity...

Persistent link: https://www.econbiz.de/10010298114

Wissensvermittlung versus Legitimationsfunktion: Warum engagieren Unternehmen IT-Berater?

Bertschek, Irene - 2008

Ein Berater erfüllt einerseits die Rolle des Wissensvermittlers, andererseits kann er die Funktion übernehmen, bestehende Probleme und geplante Maßnahmen verschiedenen Interessensgruppen gegenüber zu legitimeren. Dieser Artikel zeigt empirische Evidenz für die Rolle des IT-Beraters auf...

Persistent link: https://www.econbiz.de/10010298659

Matching of Individuals for Start-Ups: A Test of the O-Ring Theory

Müller, Bettina - 2008

In this paper I analyse how individuals match for for the purpose of setting up a new firm. As a theoretical basis I use the O-ring theory introduced by Kremer (1993) and applied to new firms by Fabel (2004). The O-ring theory predicts that individuals segregate between firms according to their...

Persistent link: https://www.econbiz.de/10010298694

Ability matching and survival of start-ups

Müller, Bettina - 2009

In this paper, I analyse how the survival of new firms is affected by the average ability level in the founding team, the team size, team members' homogeneity with respect to ability, and team members' heterogeneity with respect to education. As a theoretical basis, I apply the O-ring theory...

Persistent link: https://www.econbiz.de/10010298851

Externalities, communication and the allocation of decision rights

Bester, Helmut - 2005

This paper views authority as the right to undertake decisions that impose externalities on other members of the organization. When only decision rights can be contractually assigned to one of the organization's stakeholders, the optimal assignment minimizes the resulting inefficiencies by...

Persistent link: https://www.econbiz.de/10010299085

The allocation of authority under limited liability

Puschke, Kerstin - 2005

allocation of authority depends on bargaining power and differences in both parties cost functions. The decision-maker is assumed … to exert an externality on the other parties. Overall surplus is shared according to generalized Nash bargaining. Under … different. If the agents have similar cost parameters, bargaining power determines the allocation of authority. Possible …

Persistent link: https://www.econbiz.de/10010299089

Optimal hierarchies with diverse decision-makers

Puschke, Kerstin - 2007

We analyze the optimal decision-making hierarchy in an organization when decision-makers of limited liability have preferences conflicting with the organization's objective and exert externalities on their counterparts. In a horizontal hierarchy, every decision is made by a different agent. In a...

Persistent link: https://www.econbiz.de/10010299120