We derive a natural definition of responsibility in a formal model where employees care for their career prospects: A … this task. We show, that those announced beliefs lead to a self fulfilling prophecy as the reputation of the responsible … subordinate then is affected by the outcome of the task and he therefore has strong incentives to contribute to its success. There …

We derive a natural definition of responsibility in a formal model where employees care for their career prospects: A … this task. We show, that those announced beliefs lead to a self-fulfilling prophecy as the reputation of the responsible … subordinate then is affected by the outcome of the task and he therefore has strong incentives to contribute to its success. There …

We derive a natural definition of responsibility in a formal model where employees care for their career prospects: A … this task. We show, that those announced beliefs lead to a self fulfilling prophecy as the reputation of the responsible … subordinate then is affected by the outcome of the task and he therefore has strong incentives to contribute to its success. There …

It is difficult to test the prediction that future career prospects create implicit effort incentives because …

It is difficult to test the prediction that future career prospects create implicit effort incentives because …

We derive a natural definition of responsibility in a formal model where employees care for their career prospects: A … this task. We show, that those announced beliefs lead to a self fulfilling prophecy as the reputation of the responsible … subordinate then is affected by the outcome of the task and he therefore has strong incentives to contribute to its success. There …

We derive a natural definition of responsibility in a formal model in which employees care for their career prospects … most to this task. We show that those announced beliefs lead to a self-fulfilling prophecy, as the reputation of the … responsible subordinate is then affected by the outcome of the task and he therefore has strong incentives to contribute to its …

reputation, seniors will have incentives to exert effort. Incentives for young agents arise from a concern for their own … reputation cannot credibly commit to exerting effort when working alone. However, by hiring and working with juniors of uncertain … reputation (and the opportunity to take over the firm) but older agents work for the reputation of their firms (and the …

A theory of responsibility is provided in a simple model where agents care for their career prospects. First, two … occur. One in which no agent is responsible for the task and no effort is contributed and two sole responsibility equilibria …. If incentives matter strongly, the agent whose ability is more precisely known should be responsible, but the opposite is …