Results 1 - 10 of 6,273

Fairness and Retaliation: The Economics of Reciprocity

by Ernst Fehr, Simon Gächter - JOURNAL OF ECONOMIC PERSPECTIVES , 2000
"... This paper shows that reciprocity has powerful implications for many economic domains. It is an important determinant in the enforcement of contracts and social norms and enhances the possibilities of collective action greatly. Reciprocity may render the provision of explicit incentive inefficient b ..."
Abstract - Cited by 583 (13 self) - Add to MetaCart
This paper shows that reciprocity has powerful implications for many economic domains. It is an important determinant in the enforcement of contracts and social norms and enhances the possibilities of collective action greatly. Reciprocity may render the provision of explicit incentive inefficient

The Nash Bargaining Solution in Economic Modeling

by Ken Binmore, Ariel Rubinstein, Asher Wolinsky - Rand Journal of Economics , 1986
"... This article establishes the relationship between the static axiomatic theory of bargaining and the sequential strategic approach to bargaining. We consider two strategic models of alternating offers. The models differ in the source of the incentive of the bargaining parties to reach agreement: the ..."
Abstract - Cited by 563 (1 self) - Add to MetaCart
the incentive to settle and with the proper disagreement jfoint chosen. The results provide a guide for the application of the Nash bar-gaining solution in economic modelling. 1.

Performance Pay and Productivity

by Edward P. Lazear - AMERICAN ECONOMIC REVIEW , 2000
"... Much of the theory in personnel economics relates to effects of monetary incentives on output, but the theory was untested because appropriate data were unavailable. A new data set for the Safelite Glass Corporation tests the predictions that average productivity will rise, the firm will attract a m ..."
Abstract - Cited by 508 (9 self) - Add to MetaCart
Much of the theory in personnel economics relates to effects of monetary incentives on output, but the theory was untested because appropriate data were unavailable. A new data set for the Safelite Glass Corporation tests the predictions that average productivity will rise, the firm will attract a

Auction Theory: A Guide to the Literature

by Paul Klemperer - JOURNAL OF ECONOMIC SURVEYS , 1999
"... This paper provides an elementary, non-technical, survey of auction theory, by introducing and describing some of the critical papers in the subject. (The most important of these are reproduced in a companion book, The Economic Theory of Auctions, Paul Klemperer (ed.), Edward Elgar (pub.), forthco ..."
Abstract - Cited by 534 (5 self) - Add to MetaCart
This paper provides an elementary, non-technical, survey of auction theory, by introducing and describing some of the critical papers in the subject. (The most important of these are reproduced in a companion book, The Economic Theory of Auctions, Paul Klemperer (ed.), Edward Elgar (pub

The effect of national culture on the choice of entry mode

by Bruce Kogut, Harbir Singh - Journal of International Business Studies , 1988
"... Abstract. Characteristics of national cultures have frequently been claimed to influence the selection of entry modes. This article investigates this claim by developing a theoretical argument for why culture should influence the choice of entry. Two hypotheses are derived which relate culture to en ..."
Abstract - Cited by 628 (0 self) - Add to MetaCart
to *Bruce Kogut is a Visiting Professor at the Institute of International Business at the Stockholm School of Economics and is on leave from the Wharton School. *"*Harbir Singh is an Associate Professor of Management at the Wharton School of Business. His prior research is on corporate acquisitions

Institutions as the Fundamental Cause of Long-Run Growth

by Daron Acemoglu, Simon Johnson, James Robinson - IN HANDBOOK OF ECONOMIC GROWTH, ED. PHILIPPE AGHION AND STEPHEN DURLAUF , 2005
"... This paper develops the empirical and theoretical case that differences in economic institutions are the fundamental cause of differences in economic development. We first document the empirical importance of institutions by focusing on two “quasi-natural experiments” in history, the division of K ..."
Abstract - Cited by 458 (9 self) - Add to MetaCart
determine the incentives of and the constraints on economic actors, and shape economic outcomes. As such, they are social decisions, chosen for their consequences. Because different groups and individuals typically benefit from different economic institutions, there is generally aconflict over these social

Power provisioning for a warehousesized computer,”

by Xiaobo Fan , Wolf-Dietrich Weber Luiz , André Barroso - ACM SIGARCH Computer Architecture News, , 2007
"... ABSTRACT Large-scale Internet services require a computing infrastructure that can be appropriately described as a warehouse-sized computing system. The cost of building datacenter facilities capable of delivering a given power capacity to such a computer can rival the recurring energy consumption ..."
Abstract - Cited by 450 (2 self) - Add to MetaCart
costs themselves. Therefore, there are strong economic incentives to operate facilities as close as possible to maximum capacity, so that the non-recurring facility costs can be best amortized. That is difficult to achieve in practice because of uncertainties in equipment power ratings and because power

Incentives and Social Capital: Are Homeowners Better Citizens

by Denise Dipasquale, Edward L. Glaeser - Journal of Urban Economics , 1999
"... Homeownership may encourage investment in local amenities and social capital, both because homeownership gives individuals an incentive to improve their community and because homeownership creates barriers to mobility. Using the U.S. General Social Survey, we document that homeowners invest more in ..."
Abstract - Cited by 272 (7 self) - Add to MetaCart
Homeownership may encourage investment in local amenities and social capital, both because homeownership gives individuals an incentive to improve their community and because homeownership creates barriers to mobility. Using the U.S. General Social Survey, we document that homeowners invest more

The Future of Personnel Economics

by Edward P. Lazear - IZA EUROPEAN SUMMER SYMPOSIUM IN LABOUR ECONOMICS , 1999
"... Personnel economics has grown over the past twenty years to become a major branch of labor economics. Beginning primarily as a theoretical field, recent empirical analyses have provided support for earlier theories. Personnel economics is distinguished from traditional personnel analysis in that it ..."
Abstract - Cited by 246 (6 self) - Add to MetaCart
Personnel economics has grown over the past twenty years to become a major branch of labor economics. Beginning primarily as a theoretical field, recent empirical analyses have provided support for earlier theories. Personnel economics is distinguished from traditional personnel analysis

Are Women Less Selfish than Men?: Evidence from Dictator Experiments, The Economic

by Catherine C. Eckel, Philip J. Grossman - Journal , 1998
"... Research in social sciences other than economics indicates substantial differences in behaviour between men and women. The general conclusion drawn from this work is that women will be more socially-orientated (sel¯ess), and men more individually-orientated (sel®sh). This paper reports the results o ..."
Abstract - Cited by 246 (11 self) - Add to MetaCart
incentives, then economic decisions are fundamentally different from those examined in other social and behavioural sciences. Attempts to test for differences in the behaviour of men and women in
Results 1 - 10 of 6,273