infonet-economy

The aim of this paper is to study whether schooling choices are affected by social interactions. Such social interactions may be important because children enjoy spending time with other children or parents learn from other parents about the ability of their children. Identificationnis based on a randomized intervention that grants a cash subsidy encouraging schoolnattendance among a…

In the present study we sought to clarify the functional distinctions between organization identity strength, organizational identification, and organizational commitment. Data were obtained from 10?948 employees of a large steel manufacturer. First, confirmatory factor analysis was used to test the discriminant validity of the three focal constructs. Next, drawing on research that…

The overall target of the Swiss Energy Policy is to reduce CO2-emissions and thereby to achieve the vision of an energy-efficient ‘2000 Watt per Capita Society'. A major instrument to contribute to the vision in the residential building sector is standards about energy-efficient building designs. However, new residual houses according to the energy-efficiency standard are not as…

In a first attempt to apply the global games methodology tonsignalling games, Ewerhart and Wichardt (2004) analyse a beer-quiche type signalling game with additional imperfect information about the preferences of the receiver. Their approach allows them to dismiss the unreasonable pool-ning on quiche equilibrium. This paper revisits their example and discusses how an extension of the…

This paper studies the theoretical properties of a channel system of interestratencontrol in a dynamic general equilibrium model. Agents are subject to liquidity shocks which can be partially insured in a secured money market, ornat a standing facility operated by the central bank. We show that it is optimal to have a strictly positive interest rate corridor and that a shift of the…

In many countries, TV viewers have access to more and more TVnchannels. We study whether people can cope with this and watch the amount of TVnthey find optimal for themselves or whether they are prone to over-consumption. Wenfind that heavy TV viewers do not benefit, but instead report lower life satisfactionnwhen exposed to more TV channels. This finding runs counter to the…

The article comments on a paper by van der Smagt on the social construction of shared realities and models. According to the theory of social constructivism, collective cognition is perceived as a social process by which such creation and representation often take place. The research focuses on the difference between causation and constitution.

While most managerial interventions into organizational and business processes have the character of a direct interference, the interventions of consultants are rather indirect. They are meant to improve the organization and its performance, via a dialogue with the management. To clarify the sprcific role of consultants we shall introduce the concept of second-order intervention,…