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In an economy with imperfect labor contracts, differences in the distribution of talent can be an independent source of comparative advantage. I study a world economy with two activities, one in which an individual's contribution to production can be measured accurately and another in which...
Persistent link: https://www.econbiz.de/10011410329
Social interaction with colleagues is an important job attribute for many workers. To attract and retain workers, managers therefore need to think about how to create and preserve high-quality co-worker relationships. This paper develops a principal-multi-agent model where agents do not only...
Persistent link: https://www.econbiz.de/10003791765
We present a field experiment in which we set up a call-center to study how the productivity of workers is affected if managers treat their co-workers in an unfair way. This question cannot be studied in long-lived organizations since workers may change their career expectations (and hence...
Persistent link: https://www.econbiz.de/10011757773
We evaluate the impact of a program aiming at improving the workplace climate in corporations. The program is implemented via a clustered randomized design and evaluated with respect to the prevalence of support networks, antisocial behavior, perceived relational atmosphere, and turnover rate....
Persistent link: https://www.econbiz.de/10012622569
interact with other labor market institutions, such as union representation and collective bargaining. We close by discussing …
Persistent link: https://www.econbiz.de/10012550209
The positive role of transformational leadership on productivity and mental well-being has long been established. Transformational leadership behavior may be particularly suited to navigate times of crisis which are characterized by high levels of complexity and uncertainty. We exploit...
Persistent link: https://www.econbiz.de/10014281431
We study the descriptive and substantive representation of workers through worker representatives, focusing on the selection of German works council representatives and their impact on worker outcomes. Becoming a professional representative leads to substantial wage gains for the elected,...
Persistent link: https://www.econbiz.de/10014632397
affects bargaining demands and outcomes. We combine data from a bilateral bargaining experiment with data of trade networks in … the disclosure of participants’ identities in a bargaining pair. We derive hypotheses on how degree should affect behavior … and find partial support for them. Specifically, we observe that individual degree affects bargaining demands in the …
Persistent link: https://www.econbiz.de/10015394146
vertical supply chain. We develop a bilateral monopoly model with bargaining that accommodates upstream monopsony and … willing to trade less. Welfare is maximized when each firm's bargaining power exactly countervails the other's market power …. Otherwise, double marginalization arises in the form of double markdownization under excessive downstream bargaining power, or …
Persistent link: https://www.econbiz.de/10015434407
We examine wage competition in a model where identical workers choose the number of jobs to apply for and identical firms simultaneously post a wage. The Nash equilibrium of this game exhibits the following properties: (i) an equilibrium where workers apply for just one job exhibits unemployment...
Persistent link: https://www.econbiz.de/10002514786