Showing 161 - 170 of 261
This paper addresses the selection problem in promotion tournaments. I consider a situation with heterogeneous employees and ask whether an employer might be interested in repeating a promotion tournament. On the one hand, this yields a reduction in uncertainty over the employees' abilities. On...
Persistent link: https://www.econbiz.de/10010334111
In a principal-agent setup, we investigate agents disclosure of conflict of interests revealing deliberate or undeliberate kindness and its affect on principals reciprocal behavior. To this end, we firstly introduce a theoretical model refering to Hart and Moore (2008) which captures aspects of...
Persistent link: https://www.econbiz.de/10010396875
The current paper studies discrimination in a model in which promotions are used as signals of worker ability. The model can account for both statistical and taste-based discrimination. A positive discrimination policy lowers the promotion standard for the workers who are discriminated against....
Persistent link: https://www.econbiz.de/10011301601
We develop a general framework to study contests, containing the well-known models of Tullock (1980) and Lazear & Rosen (1981) as special cases. The contest outcome depends on players' effort and skill, the latter being subject to symmetric uncertainty. The model is tractable, because a...
Persistent link: https://www.econbiz.de/10012179792
We develop a general framework to study contests, containing the well-known models of Tullock (1980) and Lazear & Rosen (1981) as special cases. The contest outcome depends on players' effort and skill, the latter being subject to symmetric uncertainty. The model is tractable, because a...
Persistent link: https://www.econbiz.de/10012287889
We develop a general framework for studying contests, including the well-known models of Tullock(1980) and Lazear & Rosen (1981) as special cases. The contest outcome depends on playersâ efforts and skills, the latter being subject to symmetric uncertainty. The model is tractable, because...
Persistent link: https://www.econbiz.de/10012290544
This article studies discrimination in a model in which promotions are used as signals of worker ability. The model can account for statistical and taste-based discrimination. In the short run, a positive discrimination policy is beneficial for workers in the middle of the ability distribution,...
Persistent link: https://www.econbiz.de/10012428878
We analyze equally competitive spouses competing for promotion in their respective workplaces and show that an asymmetric equilibrium featuring household specialization can arise. Examples where the asymmetric equilibrium is welfare-superior to the symmetric equilibrium are highlighted. By...
Persistent link: https://www.econbiz.de/10013266625
We analyze equally competitive spouses competing for promotion in their respective workplaces and show that an asymmetric equilibrium featuring household specialization can arise. Examples where the asymmetric equilibrium is welfare-superior to the symmetric equilibrium are highlighted. By...
Persistent link: https://www.econbiz.de/10013330064
Wage transparency rules arguably enable workers better to assess their contribution to firm value, allowing them to make wage demands that more accurately reflect their value for the employing firm and to lower wage gaps in turn. This paper contains a formal analysis of transparency rules and...
Persistent link: https://www.econbiz.de/10012603386