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Behavioral Aspects of Communication in Organizations

Casoria, Fortuna; Riedl, Arno; Werner, Peter - 2020

This paper reviews experimental studies that investigate the effects of communication on behavior in organizational … research that tests whether communication can help to overcome coordination failure within organizations, and (b) studies that … analyze the role of communication in alleviating problems arising from information asymmetries at the workplace. The evidence …

Persistent link: https://www.econbiz.de/10012207686

Agency and communication in IMF conditional lending: theory and empirical evidence

Marchesi, Silvia; Sabani, Laura; Dreher, Axel - 2009

We focus on the role that the transmission of information between a multilateral (the IMF) and a country has for the optimal design of conditional reforms. Our model predicts that when agency problems are especially severe, and/or IMF information is valuable, a centralized control is indeed...

Persistent link: https://www.econbiz.de/10010269064

Black Sheep and Walls of Silence

Roider, Andreas; Muehlheusser, Gerd - 2004

In this paper we analyze the frequently observed phenomenon that (i) some members of a team ("black sheep") exhibit behavior disliked by other (honest) team members, who (ii) nevertheless refrain from reporting such misbehavior to the authorities (they set up a "wall of silence"). Much cited...

Persistent link: https://www.econbiz.de/10010261919

Relational Delegation

Alonso, Ricardo; Matouschek, Niko - 2005

We explore the optimal delegation of decision rights by a principal to a better informed but biased agent. In an infinitely repeated game a long lived principal faces a series of short lived agents. Every period they play a cheap talk game ala Crawford and Sobel (1982) with constant bias,...

Persistent link: https://www.econbiz.de/10010262184

Deception and incentives: how dishonesty undermines effort provision

Ederer, Florian; Fehr, Ernst - 2007

In this paper we show that subtle forms of deceit undermine the effectiveness of incentives. We design an experiment in which the principal has an interest in underreporting the true performance difference between the agents in a dynamic tournament. According to the standard approach, rational...

Persistent link: https://www.econbiz.de/10010268559

It Hurts to Ask

Benabou, Roland; Jaroszewicz, Ania; Loewenstein, George - 2022

We analyze the offering, asking, and granting of help or other benefits as a three-stage game with bilateral private information between a person in need of help and a potential help-giver. Asking entails the risk of rejection, which can be painful: since unawareness of the need can no longer be...

Persistent link: https://www.econbiz.de/10013426425

Social Networks and the Labour Market

Afridi, Farzana; Dhillon, Amrita - 2022

This chapter surveys recent literature on social networks and labour markets, with a specific focus on developing countries. It reviews existing research, in particular, on the use of social networks for hiring and the consequences of networks for on-the-job outcomes, including emerging...

Persistent link: https://www.econbiz.de/10014296518

Simultaneous Search and Adverse Selection

Auster, Sarah; Gottardi, Piero; Wolthoff, Ronald P. - 2024

We study the effect of diminishing search frictions in markets with adverse selection by presenting a model in which agents with private information can simultaneously contact multiple trading partners. We highlight a new trade- off: facilitating contacts reduces coordination frictions but also...

Persistent link: https://www.econbiz.de/10014534006

Cognitive Ability and Paternalism

Saint-Paul, Gilles - 2002

This paper analyses the welfare effects of price restrictions on private contracting in a world where agents have a limited cognitive ability. People compute the costs and benefits of entering a transaction with an error. The government knows the distribution of true costs and benefits as well...

Persistent link: https://www.econbiz.de/10010262616

Subjective Evaluations: Discretionary Bonuses and Feedback Credibility

Fuchs, William - 2013

We provide a new rationale for the use of discretionary bonuses. In a setting with unknown match qualities between a worker and a firm and subjective evaluations by the principal, bonuses are useful in order to make the feedback from the firm to the workers credible. This way workers in good...

Persistent link: https://www.econbiz.de/10010329084