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Household specialization and competition for promotion

Bastani, Spencer; Dickmanns, Lisa; Giebe, Thomas; … - 2024

We study how the presence of promotion competition in the labor market affects household specialization patterns. By … specialization reduces the intensity of competition and provides households with consumption smoothing. The specialization result is …

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014540898

Overconfidence and gender gaps in career outcomes: Insights from a promotion signaling model

Bastani, Spencer; Giebe, Thomas; Gürtler, Oliver - 2024

Gender differences in overconfidence are well documented in the empirical literature, but their impact on labor market outcomes remains underexplored. We provide new insights into how behavioral biases interact with career dynamics by presenting a theoretical analysis of how men's relatively...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015165957

Executive Compensation and Specific Knowledge

Morellec, Erwan; Niu, Jijun - Institut für Schweizerisches Bankwesen <Zürich> - 2005

This paper presents a model of executive compensation in which the executive is risk averse and has specific knowledge - knowledge about the optimal actions to take that is costly to transfer to the principal. The model generates predictions that are consistent with the available evidence and...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10005858765

When protection becomes exploitation: The impact of firing costs on present-biased employees

Englmaier, Florian; Fahn, Matthias; Glogowsky, Ulrich; … - 2023

Employment protection harms early-career employees without benefitting them in later career stages (Leonardi and Pica, 2013). We demonstrate that this pattern can result from employers exploiting naive present-biased employees. Employers offer a dynamic contract with low early-career wages, an...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014517424

Retiree health benefit coverage and retirement

Marton, James; Woodbury, Stephen A. - 2006

Employer-provided health benefits for workers who retire before age 65 has fallen over the last decade. We examine a cohort of male workers from the Health and Retirement Survey to explore the dynamics of retiree health benefits and the relationship between retiree health benefits and retirement...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10010266444

Determinanten der Vorstandsvergütung: Eine empirische Untersuchung der deutschen Prime-Standard-Unternehmen

Rapp, Marc Steffen; Wolff, Michael - 2010

Basierend auf einem neuen, die deutschen Prime-Standard-Unternehmen für die Jahre 2005 bis 2007 umfassenden Datensatz untersuchen wir die Determinanten der Höhe der Vorstandsvergütung. Dabei unterscheiden wir drei Kategorien möglicher Einflussfaktoren: Unternehmens-, Performance- und...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10010305722

Job mission as a substitute for monetary incentives: Experimental evidence

Cassar, Lea - 2014

Are monetary and non-monetary incentives used as substitutes in motivating effort? I address this question in a laboratory experiment in which the choice of the job characteristics (i.e., the mission) is part of the compensation package that principals can use to influence the agents' effort....

Persistent link: https://ebvufind01.dmz1.zbw.eu/10011282511

Worker attitudes towards employee ownership, profit sharing and variable pay

Kurtulus, Fidan Ana; Kruse, Douglas; Blasi, Joseph - 2011

Using the NBER Shared Capitalism Database comprised of over 40,000 employee surveys from 14 firms, we investigate worker attitudes towards employee ownership, profit sharing, and variable pay. Specifically, our study uses detailed survey questions on preferences over profit sharing, forms of...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10010287859

Cournot competition between teams: an experimental study

Schipper, Burkhard C.; Raab, Philippe - 2007

In the economic literature on market competition, firms are often modelled as individual decision makers and the … competition. Nevertheless, there are models of team-organization such that team-firms and individual firms are behaviorally … equivalent. This provides a theoretical foundation for the unitary player assumption in Cournot competition. We show that this …

Persistent link: https://ebvufind01.dmz1.zbw.eu/10010276634

Information transmission in coalitional voting games

Serrano, Roberto; Vohra, Rajiv - 2005

in favor of another feasible alternative by any coalition. We use this test of coalitional voting in an incomplete … among members of a coalition is endogenous. Our results lend support to the credible core of Dutta and Vohra (2003) and the …

Persistent link: https://ebvufind01.dmz1.zbw.eu/10010318981