Similar Search Results

Promotions and incentives : the case of multi-stage elimination tournaments

Altmann, Steffen (contributor); Falk, Armin (contributor); … - 2008

of our laboratory experiment is a two-stage tournament in which equilibrium efforts are the same in both stages. We … compare this treatment to a strategically equivalent one-stage tournament and to another two-stage tournament with a more … predictions and compared to the equivalent one-stage tournament. The results for the more convex two-stage tournament show that …

Persistent link: https://www.econbiz.de/10003777950

Living in two neighborhoods : social interactions in the lab

Falk, Armin (contributor); Fischbacher, Urs (contributor); … - 2004 - [Elektronische Ressource]

Field evidence suggests that people belonging to the same group often behave similarly, i.e., behaviour exhibits social interaction effects. We conduct an experiment that avoids the identification problem present in the field. Our novel design feature is that each subject simultaneously is a...

Persistent link: https://www.econbiz.de/10002482525

Implicit contracts, unemployment, and labor market segmentation

Altmann, Steffen; Falk, Armin; Huffman, David - 2010

We analyze the impact of imperfect contract enforcement on the emergence of unemployment. In an experimental labor market where trading parties can form long-term employment relationships, we compare a work environment where effort is observable, but not verifiable to a situation where explicit...

Persistent link: https://www.econbiz.de/10003975632

Incentives and information as driving forces of default effects

Altmann, Steffen; Falk, Armin; Grunewald, Andreas - 2013

The behavioral relevance of non-binding default options is well established. While most research has focused on decision makers' responses to a given default, we argue that this individual decision making perspective is incomplete. Instead, a comprehensive understanding of the foundation of...

Persistent link: https://www.econbiz.de/10010128312

The promotion dynamics of American executives

Belzil, Christian (contributor); … - 2004 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10001896343

Promotion determinants in corporate hierarchies : an examination of fast tracks and functional area

Belzil, Christian; Bognanno, Michael Leonard; Poinas, … - 2012

This article estimates a dynamic reduced-form model of intra-firm promotions using an employer-employee panel of over 300 of the largest corporations in the U.S. in the period from 1981 to 1988. The estimation conditions on unobserved individual heterogeneity and allows for both an endogenous...

Persistent link: https://www.econbiz.de/10009656075

Psychological foundations of incentives

Fehr, Ernst; Falk, Armin - 2002

During the last two decades economists have made much progress in understanding incentives, contracts and organisations. Yet, they constrained their attention to a very narrow and empirically questionable view of human motivation. The purpose of this paper is to show that this narrow view of...

Persistent link: https://www.econbiz.de/10011411627

Unobserved ability and the return to schooling

Belzil, Christian; Hansen, Jörgen - 2002

We estimate a structural dynamic programming model of schooling decisions with unobserved heterogeneity in school ability and market ability on a sample taken from the National Longitudinal Survey of Youth (NLSY). Both the instantaneous utility of attending school and the wage regression...

Persistent link: https://www.econbiz.de/10011411639

Earnings dispersion, risk aversion and eduation

Belzil, Christian; Hansen, Jörgen - 2002

We estimate a dynamic programming model of schooling decisions in which the degree of risk aversion can be inferred from schooling decisions. In our model, individuals are heterogeneous with respect to school and market abilities but homogeneous with respect to the degree of risk aversion. We...

Persistent link: https://www.econbiz.de/10011411833

Facing yourself : a note on self-image

Falk, Armin - 2017

Numerous signaling models in economics assume image concerns. These take two forms, as relating either to social image or self-image. While empirical work has identified the behavioral importance of the former, little is known about the role of self-image concerns. We exogenously vary self-image...

Persistent link: https://www.econbiz.de/10011625349