infonet-economy

This paper suggests that institutional factors which reward social networks at the expenses of productivity can play an important role in explaining brain drain. The effects of social networks on brain drain are analyzed in a decision theory framework with asymmetric information. We distinguish between the role of insidership and personal connections. The larger the cost of being an...

Dieser Beitrag untersucht die umstrittene Frage nach der Schiedsfähigkeit individualarbeitsrechtlicher Streitigkeiten im Binnenverhältnis. Er untersucht sie insbesondere unter dem Gesichtspunkt der möglichen Einschränkungen durch das Prinzip der Unverzichtbarkeit in Art. 341 OR sowie durch die arbeitnehmerschützenden Verfahrensbestimmungen von Art. 343 OR und Art. 24 GestG, welche...

Motorfahrzeuge auf Flugplätzen operieren im Schnittbereich von Strassenverkehrsrecht und Luftrecht. Dies wirft zahlreiche, bislang unbeantwortete Fragen auf. Auf den nicht-öffentlichen Verkehrsflächen von Flugplätzen gilt die Strassenverkehrsordnung des SVG grundsätzlich nicht, jedoch können die Regeln vom Flugplatzhalter als anwendbar erklärt werden. Der unmittelbar anwendbare ICAO...

Awards—widespread in the corporate sector and elsewhere—are motivators that derive their value from non-pecuniary concerns such as status and self-image. Quasi-experimental panel data from the call center of a large international bank allow us to estimate the causal impact on effort when receiving an award. The performance of winners proves to be significantly higher than that of...

Assuming that teachers are concerned with human capital formation and students - with ability signaling, in this paper we model a teacher-student relationship as an agency problem with conflicting interests. In our model, the teacher elicits effort from the student rewarding for it with a grade, the utility of which to the student is an ability signal inferred by the job market. In...

BACKGROUND: There is ample evidence that a subgroup of Parkinson's disease patients who are treated with dopaminergic drugs develop certain behavioral addictions such as pathological gambling. The fact that only a subgroup of these patients develops pathological gambling suggests an interaction between dopaminergic drug treatment and individual susceptibility factors. These are...

The paper provides estimates of the effect of economic inequality on middle class well being in Switzerland. Economic well being is proxied by a person's satisfaction with his/her income. Two inequality indicators are used, one standard (the Gini coefficient of the pre-tax income distribution) and one novel (the number of luxury car registrations per 1000 population)....