We address the question how much authority a principal should delegate to a manager with conflicting interests and uncertain ability in a context in which the manager has both compensation-based and reputational incentives. The optimal level of authority balances the value of the manager's...

We analyze the effects of lower bounds on wages, e.g., minimum wages or liability limits, on job design within firms. In our model, two tasks contribute to non-veriable firm value and affect an imperfect performance measure. The tasks can be assigned to either one or two agents. In the absence...

Das Ziel dieses Beitrags ist es, die Auswirkungen der Charakteristika flexibler Arbeitsformen auf die Persönlichkeit der Mitarbeiter theoretisch zu analysieren und für eine empirische Überprüfung vorzubereiten. Die Arbeitsformen werden entsprechend des neuen Arbeitsparadigmas...