We present a dynamic model in which an employee of a firm searches for business projects in a changing environment. It is costly to induce the employee who found a successful project in the past period to search for a new project. Past success can therefore result in profitreducing corporate...

Incentives often fail in inducing economic agents to engage in a desirable activity; implementability is restricted. What restricts implementability? When does re-organization help to overcome this restriction? This paper shows that any restriction of implementability is caused by an identifi...

Incentives often fail in inducing economic agents to engage in a desirable activity; implementability is restricted. What restricts implementability? When does re-organization help to overcome this restriction? This paper shows that any restriction of implementability is caused by an...

Der Erfolg einer Unternehmensrestrukturierung ist in hohem Maße von der Wandlungsbereitschaft der Mitarbeiter abhängig. Die vorliegende Arbeit argumentiert, dass dem organisationspsychologischen Konzept Commitment eine besondere Bedeutung zur Erzielung eines Restrukturierungserfolges zukommt....