Showing 1 - 10 of 274
On 23 July 2014, the U.S. Securities and Exchange Commission (SEC) passed the "Money Market Reform: Amendments to Form PF ," designed to prevent investor runs on money market mutual funds such as those experienced in institutional prime funds following the bankruptcy of Lehman Brothers. The...
Persistent link: https://www.econbiz.de/10010421111
This paper investigates how people differentiate between inequality caused by talent and inequality caused by luck in a large-scale study of the US population. We establish that people distinguish significantly between inequality due to luck and inequality due to talent, even when controlling...
Persistent link: https://www.econbiz.de/10015327145
comes with granting autonomy. However, in such settings, overprovision of effort could arise if workers are uncertain … uncertainty. We develop an experiment to show that overprovision of costly effort is more likely to occur in work environments … measurement of effort overprovision by keeping performance per unit of time fixed, which we achieve by calibrating subjects …
Persistent link: https://www.econbiz.de/10014296772
role of self-confidence in teamwork. In this paper, we present evidence from a laboratory experiment using a team effort … task. Effort and ability are complements and there are synergies between teammates' efforts. We exogenously manipulate … more effort, less free riding, and higher team revenue. These findings suggest that organizations could improve team …
Persistent link: https://www.econbiz.de/10014420723
administering an online questionnaire, which collected information on work effort, perceived performance, burnout and job …. The results obtained claim that the perception of performance mediates the relationship between effort at work and … satisfaction obtained through work itself, and burnout is moderate both in the relationship between effort and perception of …
Persistent link: https://www.econbiz.de/10014461869
results are the following. First, higher-skilled workers are offered higher wages but exert less effort, and in particular the … degree of exploitation. On the one hand, the ratio between effort and wage the higher-skilled workers experience is lower … negotiation power vis-á-vis their employers. On the other hand, in terms of the effort-wage ratio adjusted by skill, it is higher …
Persistent link: https://www.econbiz.de/10014480677
Building on a theoretical model we test the hypothesis that effort choices and preferences for redistribution are … preferences for redistribution and effort choices simultaneously. While respondents with stronger preferences for redistribution … tend to have smaller incentives to engage in effort, the reverse does not hold true. Using a lab experiment, we show that …
Persistent link: https://www.econbiz.de/10010314787
relatively clear and the contestants reduce their effort. However, empirical evidence for this so-called contamination hypothesis … effort in heterogeneous heats. This implies that competition among staffs with heterogeneous skill levels does not bring … about the intended effort levels. However, a separate subgroup analysis shows that only the tournament favourites hold back …
Persistent link: https://www.econbiz.de/10010318184
workplace effort, thereby integrating this concept into the field of labor economics. Work orientations, the intrinsic beliefs …, and show diminished work effort compared to those with a job orientation. However, this group is still unlikely to approve … orientations significantly predict quit intentions, job search behaviors, and effort levels-surpassing the predictive power of job …
Persistent link: https://www.econbiz.de/10014525664
We examine worker effort as a potential margin of adjustment to a minimum wage hike using unique data on piece rate … the pre-2009 productivity distribution, we provide evidence consistent with incumbent workers' positive effort responses. …
Persistent link: https://www.econbiz.de/10014532940