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Distrust : The Hidden Cost of Control
Falk, Armin; Kosfeld, Michael - 2004
principals who control. The reason is that most agents lower their performance as a response to the signal of distrust created by …
Persistent link: https://www.econbiz.de/10010261958
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Distrust - The Hidden Cost of Control
Falk, Armin; Kosfeld, Michael - Institute for the Study of Labor (IZA) - 2004
principals who control. The reason is that most agents lower their performance as a response to the signal of distrust created by …
Persistent link: https://www.econbiz.de/10005762323
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Five open questions about prediction markets
Wolfers, Justin; Zitzewitz, Eric - 2006
Interest in prediction markets has increased in the last decade, driven in part by the hope that these markets will prove to be valuable tools in forecasting, decision-making and risk management - in both the public and private sectors. This paper outlines five open questions in the literature,...
Persistent link: https://www.econbiz.de/10010267442
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Five Open Questions About Prediction Markets
Wolfers, Justin; Zitzewitz, Eric - Institute for the Study of Labor (IZA) - 2006
Interest in prediction markets has increased in the last decade, driven in part by the hope that these markets will prove to be valuable tools in forecasting, decision-making and risk management - in both the public and private sectors. This paper outlines five open questions in the literature,...
Persistent link: https://www.econbiz.de/10005762271
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On the economics and biology of trust
Fehr, Ernst - 2008
In recent years, many social scientists have claimed that trust plays an important role in economic and social transactions. Despite its proposed importance, the measurement and the definition of trust seem to be not fully settled, and the identification of the exact role of trust in economic...
Persistent link: https://www.econbiz.de/10010269174
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On the Economics and Biology of Trust
Fehr, Ernst - Institute for the Study of Labor (IZA) - 2008
In recent years, many social scientists have claimed that trust plays an important role in economic and social transactions. Despite its proposed importance, the measurement and the definition of trust seem to be not fully settled, and the identification of the exact role of trust in economic...
Persistent link: https://www.econbiz.de/10005700964
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Determinants of Employment Growth at MNEs : Evidence from Egypt, India, South Africa and Vietnam
Bhaumik, Sumon Kumar; Estrin, Saul; Meyer, Klaus - 2004
Foreign investors are expected to contribute to economic development through a variety of channels. However, many foreign investment operations are small, and almost insignificant in their impact on the local environment. An important indication of the potential contribution of foreign investors...
Persistent link: https://www.econbiz.de/10010262023
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Trust and control at the workplace: evidence from representative samples of employees in Europe
Grund, Christian; Harbring, Christine - 2009
explore the relation between certain measures of control in employment relationships (i.e. working time regulations, use of … strict working time regulations, monitoring and lack of autonomy - all indicators for control at the workplace - are …
Persistent link: https://www.econbiz.de/10010269411
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Screening, competition, and job design: economic origins of good jobs
Bartling, Björn; Fehr, Ernst; Schmidt, Klaus M. - 2010
implement a control strategy, which consists of low effort discretion and little or no rent-sharing, or they implement a trust … control strategy prevails, while the possibility of screening renders the trust strategy profitable. The introduction of … strategy, which stipulates high effort discretion and substantial rent-sharing. If employers cannot screen employees, the …
Persistent link: https://www.econbiz.de/10010269521
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Trust and Control at the Workplace: Evidence from Representative Samples of Employees in Europe
Grund, Christian; Harbring, Christine - Institute for the Study of Labor (IZA) - 2009
explore the relation between certain measures of control in employment relationships (i.e. working time regulations, use of … strict working time regulations, monitoring and lack of autonomy – all indicators for control at the workplace – are …
Persistent link: https://www.econbiz.de/10005011897