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management position. However, if non-contractible managerial decision rights give rise to private benefits and preference … managerial decision rights and performance-based promotions leads to a situation often referred to as the Peter principle … performance-based promotions and restricting managerial decision rights. …
Persistent link: https://www.econbiz.de/10012138859
Existing theoretical and experimental studies have established that unanimity is a poor decision rule for promoting … responsibility for the committee's decision is equally distributed across all agents. We test our predictions in a controlled … are ultimately more likely to make the optimal decision. Idiosyncratic payoffs such as a moral bias thus present a …
Persistent link: https://www.econbiz.de/10011696383
This paper develops a theory in which heterogeneity in political preferences produces a partisan disagreement about … objective facts. A political decision involving both idiosyncratic preferences and scientific knowledge is considered. Voters … voters' intrinsic preferences or because of rigidities in the political process. The theory predicts that providing mixed …
Persistent link: https://www.econbiz.de/10011899691
This paper presents a novel approach to analyze human decision-making that involves comparing the behavior of …
Persistent link: https://www.econbiz.de/10012499843
Actors in various settings have been increasingly relying on algorithmic tools to support their decision-making. Much … - decision-makers cannot verify the quality of such goods, even after "consuming" them. Based on this finding, we test two … algorithm, it remarkably decreases human decision-making performance. In the second treatment, we reveal the task's correct …
Persistent link: https://www.econbiz.de/10013499021
Persistent link: https://www.econbiz.de/10011439053
Research has consistently shown that women's involvement in household decision making positively affects household …-household decision making? Using data on savings groups in Rwanda, we examine this relationship and show that women with higher financial …
Persistent link: https://www.econbiz.de/10012108638
decision, and could thus explain part of the cross-country differences in homeownership rates. To isolate the effect of …-versus-buy decision. …
Persistent link: https://www.econbiz.de/10012116283
Multinomial logit is the canonical model of discrete choice but widely criticized for requiring functional form assumptions as foundation. The present paper shows that logit is behaviorally founded without such assumptions. Logit's functional form obtains if relative choice probabilities are...
Persistent link: https://www.econbiz.de/10011899245
Die Untersuchung richtet sich auf die Ermittlung der relativen Bedeutung der laufenden und aperiodischen Besteuerung im Entscheidungsprozess der Rechtsformwahl. Unter Vernachlässigung von Planungskosten sollten rationale Steuerpflichtige die Steuerbelastung als ein Entscheidungskriterium bei...
Persistent link: https://www.econbiz.de/10009306015