• A Repeated Principal-Agent Model with On-the-Job Search 

      Herbold, Daniel (2014-08-01)
      This paper analyzes how on-the-job search (OJS) by an agent impacts the moral hazard problem in a repeated principal-agent relationship. OJS is found to constitute a source of agency costs because efficient search incentives ...
    • CentERdata 

      Unbekannter Autor
      CentERdata is an eminent research institute, located on the Tilburg University (TiU) campus. We have supported and contributed to research that is relevant to science, society and policy since 1997. We conduct research ...
    • Compustat 

      Unbekannter Autor
      Compustat (from Standard & Poor's) provides annual and quarterly income statements, balance sheets, statements and supplemental data on North American public companies.
    • Motivated Beliefs and the Elderly's Compliance with COVID-19 Measures 

      von Siemens, Ferdinand (2021-01-26)
      Although the elderly are more vulnerable to COVID-19, the empirical evidence suggests that they do not behave more cautiously in the pandemic than younger individuals. This theoretical model argues that some individuals ...
    • Signaling Cooperation 

      Heinz, Matthias; Schumacher, Heiner (2015-11-08)
      We examine what an applicant’s vita signals to potential employers about her willingness to cooperate in teams. Intensive social engagement may credibly reveal that an applicant cares about the well-being of others and ...
    • The Forward-looking Disclosures of Corporate Managers: Theory and Evidence 

      Gropp, Reint E.; Karapandza, Rasa; Opferkuch, Julian (2016-07-15)
      We consider an infinitely repeated game in which a privately informed, long-lived manager raises funds from short-lived investors in order to finance a project. The manager can signal project quality to investors by making ...