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Belief precision and effort incentives in promotion contests

The career concerns literature predicts that incentives for effort decline as beliefs about ability become more precise (Holmstrom, 1982/1999). In contrast, we show that effort can increase with belief precision when agents compete for promotions to better paid jobs that are assigned on the basis of perceived abilities. In this case, an intermediate level of precision provides the...

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English / 01/01/2015

Effort provision in entrepreneurial teams - effects of team size, free-riding and peer pressure

This paper analyzes whether effort provision in entrepreneurial teams depends on the size of the team, assuming that size determines the strength of free-riding and peer pressure effects in entrepreneurial teams. We provide a theoretical model and empirical analyses to explain the joint effect of free-riding and peer pressure on effort in start-up teams. We begin with an economic...

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English / 01/01/2015

The impact of skills, working time allocation and peer effects on the entrepreneurial intentions of scientists

Little is currently known about the effects of skill composition on academic entrepreneurship. Therefore, in this paper, following Lazear’s (J Labor Econ 23(4):649–680, 2005) jack-of-all-trades approach, we study how the composition of a scientist’s skills affects his or her intention to become an entrepreneur. Extending Lazear, we examine how the effect of balanced skills is...

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English / 01/01/2015

Does the director election system matter? Evidence from majority voting

We examine the effect of a change in the director election system—the switch from a plurality voting standard to a more stringent standard known as majority voting (MV). Using a regression discontinuity design, we document abnormal returns of 1.43–1.60 % around annual meeting dates where shareholder proposals to adopt MV are voted upon, suggesting that shareholders perceive the...

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English / 01/01/2015

The comparability of measurements of attitudes toward immigration in the European Social Survey: exact versus approximate measurement equivalence

International survey datasets are analyzed with increasing frequency to investigate and compare attitudes toward immigration and to examine the contextual factors that shape these attitudes. However, international comparisons of abstract, psychological constructs require the measurements to be equivalent–i.e., they should measure the same concept on the same measurement scale....

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English / 01/01/2015

The comparability of measurements of attitudes toward immigration in the European Social Survey: exact versus approximate measurement equivalence

International survey datasets are analyzed with increasing frequency to investigate and compare attitudes toward immigration and to examine the contextual factors that shape these attitudes. However, international comparisons of abstract, psychological constructs require the measurements to be equivalent–i.e., they should measure the same concept on the same measurement scale....

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English / 01/01/2015

The Layered Materiality of Strategizing: How the Interplay between Epistemic Objects and Material Artefacts shapes the Exploration of Strategic Topics

This paper examines the role of different material artefacts in the exploration of novel strategic topics. We conceptualize strategic topics as epistemic objects that become instantiated in multiple material artifacts, i.e., partial objects, which not only represent the epistemic object but also energize and direct the exploration process. Based on a longitudinal case study of a...

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English / 01/01/2015

The Layered Materiality of Strategizing: How the Interplay between Epistemic Objects and Material Artefacts shapes the Exploration of Strategic Topics

This paper examines the role of different material artefacts in the exploration of novel strategic topics. We conceptualize strategic topics as epistemic objects that become instantiated in multiple material artifacts, i.e., partial objects, which not only represent the epistemic object but also energize and direct the exploration process. Based on a longitudinal case study of a...

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English / 01/01/2015

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