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Outside and inside competition for international organizations — from analysis to innovations

The analysis of the competitive environment – monopoly, oligopoly or many competitors –in which international organizations act, has been neglected in scholarly
research. Both this external and the internal type of competition in international organizations are rather weak and performance is far from ideal. To strengthen both
types of competition, several tentative...

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English / 01/12/2008

The cortical dynamics of intelligible speech

An important and unresolved question is how the human brain processes speech for meaning after initial analyses in early auditory cortical regions. A variety of left-hemispheric areas have been identified that clearly support semantic processing, although a systematic analysis of directed interactions among these areas is lacking. We applied dynamic causal modeling of functional...

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English / 01/12/2008

Superior temporal sulcus - It's my area: or is it?

The superior temporal sulcus (STS) is the chameleon of the human brain. Several research areas claim the STS as the host brain region for their particular behavior of interest. Some see it as one of the core structures for theory of mind. For others, it is the main region for audiovisual integration. It plays an important role in biological motion perception, but is also claimed to...

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English / 01/12/2008

Participation costs for responders can reduce rejection rates in ultimatum bargaining

This paper reports data from an ultimatum mini-game in which responders first had to choose whether or not to participate. Participation was costly, but the participation cost was smaller than the minimum payoff that a responder could guarantee himself in the ultimatum game. Compared to a standard treatment, we find that the rejection rate of unfavorable offers is significantly...

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English / 01/12/2008

You shouldn't have: Your brain on others' crimes

Our legal system requires assigning responsibility for crimes and deciding on appropriate punishments. A new fMRI study by Buckholtz et al. in this issue of Neuron reveals that the right dorsolateral prefrontal cortex (rDLPFC) plays a key role in these cognitive processes. This finding sheds light on the neural mechanisms underlying moral judgment from a third-party perspective.

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English / 01/12/2008

Relative status and satisfaction

This paper investigates the relationship between income satisfaction of adult children and their relative economic status, using data from the German Socio-Economic Panel and income rank as an indicator of status. The results show that children appear to compare their actual economic status with that of their parents, deriving large satisfaction gains from an income rank that is...

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English / 01/12/2008

Organizational knowledge creation and the generation of new product ideas: A behavioral approach

In this paper, we address the pre-project phase of idea generation in the product innovation process, where the effective generation of new product ideas still remains an issue of high relevance for both management scholars and practitioners. We relate Nonaka and colleagues’ four knowledge creation modes of socialization, externalization, combination, and internalization to the...

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English / 01/12/2008

Securitization of Mortgage Debt, Asset Prices and International Risk Sharing

We explore the impact of mortgage securitization on the international diversification of macroeconomic risk. By making mortgage-related risks internationally tradeable, securitization contributes considerably to better international consumption risk sharing: we find that countries with the most highly developed markets for securitized mortgage debt have consumption responses to a...

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English / 01/12/2008

Academics Appreciate Awards. A New Aspect of Incentives in Research

This paper analyzes awards as a means of motivation prevalent in the scientific community, but so far neglected in the economic literature on incentives, and discusses their relationship to monetary compensation. Awards are better suited than performance pay to reward scientific tasks, which are typically of a vague nature. They derive their value, for instance, from signaling...

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English / 01/12/2008

Awards in Economics. Towards a New Field of Inquiry

Awards play a large role in the economics profession, which is documented by the large varietynand number of awards. However, little scientific attention has been devoted to them. This paperndocuments the prevalence of awards in the economics profession and analyzes the number and type of awards received by the 1,200 leading economists included in Who’s Who in Economics. First steps...

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English / 01/12/2008

Delay and Deservingness after Winning the Lottery

Economics rests upon a set of presumptions about how human beings are affected by income. Yet causal evidence is scant. This paper reports a longitudinal study of randomly selected lottery winners. Remarkably, we show that it takes almost three years before they enjoy their money. We develop a model of dissonance and deservingness. We argue that, despite the tradition of economics,...

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English / 01/12/2008

On the Emotional Value of owning a Firm

This article examines how owners of firms subjectively value their ownership stake in monetary terms. We utilize endowment and possession attachment literature to investigate how emotional benefits and costs related to organizational ownership affect emotional value. Thereby we define emotional value as that part of Willingness to Accept, unexplained by the financial value of the...

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English / 01/12/2008

Nachhaltigkeit bewerten: kleinere und mittelgrosse Unternehmen im Fokus

Unternehmen müssen fit sein für die Zukunft. Deshalb drängt sich eine Beurteilung der Nachhaltigkeitsleistung auf. Dafür werden sowohl Kriterien zur heutigen Leistung wie auch zur Zukunftsorientierung der Unternehmensführung herangezogen.

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Deutsch / 01/12/2008

L'évaluation du personnel, une mission de cadre

Pourquoi certains chefs d'entreprise préfèrentils négocier des contrats de maintenance pour leurs machines ou contrôler les horaires de service plutôt que de se préparer consciencieusement à un entretien de personnel? Pourquoi certains cadres sont-ils inquiets dès qu'ils entendent le terme «évaluation du personnel»? Pourquoi la petite phrase gentille «Bravo pour le dernier...

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Français / 30/11/2008

La gestione del personale nelle piccole imprese

La diffusa cultura delle gestione padronale che caratterizza la maggior parte delle piccole imprese ha fatto il suo corso. Nei mercati dinamici, contraddistinti da forti pressioni a livello di innovazione e di concorrenza, occorre per quanto possibile attivare tutte le riserve sui piani dell'organizzazione e dell'organico. Questo è in particolar modo possibile grazie a un...

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Italiano / 30/11/2008

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