Our paper analyzes the incentive structures for academics in US and German Higher Education that have developed under different institutional frameworks. Both incentive structures are internally consistent in the sense that they fit into their specific institutional background. Whereas the...

The paper focuses on signaling options for managerial talent under different higher education regimes. The educational paths in a sample of top managers of the 100 largest publicly traded companies in the U.S., France and Germany are consistent with our theoretical conjectures. For the singular...

Trotz ihrer teilweise astronomischen Gehälter gelten Filmstars für den Erfolg eines Films als wesentliche Ingredienz. Die Mechanismen, auf denen der Erfolgsbeitrag eines Stars beruht, bleiben jedoch häufig diffus. In diesem Beitrag wird die Funktion des Filmstars als „Wegweiser“ auf einem...

Starting with Arrow’s hypothesis that Higher Education is a filter, the paper studies three alternative filter-designs. These designs can be attributed to the Higher Education systems of three different countries: In the U.S., compe-tition between schools not only leads to a stable and...