Behavioral and Personnel Economics |
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This page is maintained by Steffen Altmann. What makes some employment relationships successful, and causes others to fail? What is the role of government and the law in enhancing the performance of existing and new employment relationships? These are key questions for personnel economics. Its primary goal is to understand the relationship between institutions and employee performance. Recent research in behavioral economics has begun to enhance our understanding of the psychological foundations of incentives, and demonstrates that performance does not depend only upon the relationship between measured performance and pay, but also upon many other features of the workplace environment, including employee morale, job security, and the perceived "fairness" of one's pay. The purpose of this program is to find ways to model and measure these institutions and then to assess the importance that they play in determining employee performance. The results from this research can inform both businesses and government on the best way to manage their employees and improve existing laws and regulations. |
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Events
| Date | Title | Location | Deadline |
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16.10.2008 - 18.10.2008 |
IZA Workshop: Behavioral Labor Economics | IZA, Bonn | |
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25.05.2007 - 26.05.2007 |
IZA Workshop: Behavioral and Organizational Economics | IZA, Bonn | |
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03.07.2006 - 07.07.2006 |
IZA Workshop and Topic Week: Institutions and the Employment Relationship | IZA, Bonn | |
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30.05.2005 - 31.05.2005 |
First Annual IZA Workshop on Behavioral and Organizational Economics | IZA, Bonn |
Recent Discussion Papers
| No. | Author(s) | Title | Date | Link to Abstract | |
| 3839 | Robert Dur | Gift Exchange in the Workplace: Money or Attention? (forthcoming in: Journal of the European Economic Association) |
November 2008 |  |
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| 3836 | Chris M. Herbst, Erdal Tekin | Child Care Subsidies and Child Development | November 2008 | |
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| 3835 | Steffen Altmann, Armin Falk, Matthias Wibral | Promotions and Incentives: The Case of Multi-Stage Elimination Tournaments | November 2008 | |
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| 3834 | Eberhard Feess, Michael Gerfin, Gerd Muehlheusser | Contracts as Rent Seeking Devices: Evidence from German Soccer | November 2008 | |
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| 3832 | Juan José Dolado, Rodolfo Stucchi | Do Temporary Contracts Affect TFP? Evidence from Spanish Manufacturing Firms | November 2008 | |
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| 3831 | Timothy Brezina, Erdal Tekin, Volkan Topalli | "Might Not Be a Tomorrow": A Multi-Methods Approach to Anticipated Early Death and Youth Crime | November 2008 | |
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| 3822 | Corrado Andini | Wage Bargaining and the (Dynamic) Mincer Equation | November 2008 | |
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| 3813 | Andrew E. Clark, Nicolai Kristensen, Niels Westergård-Nielsen | Economic Satisfaction and Income Rank in Small Neighbourhoods (forthcoming in: Journal of the European Economic Association) |
November 2008 | |
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| 3812 | Alpaslan Akay, Peter Martinsson | Does Relative Income Matter for the Very Poor? Evidence from Rural Ethiopia | November 2008 | |
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| 3811 | Magnus Carlsson, Dan-Olof Rooth | An Experimental Study of Sex Segregation in the Swedish Labour Market: Is Discrimination the Explanation? | November 2008 | |
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| 3810 | Magnus Carlsson, Dan-Olof Rooth | Is It Your Foreign Name or Foreign Qualifications? An Experimental Study of Ethnic Discrimination in Hiring | November 2008 | |
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| 3799 | Dan-Olof Rooth | Automatically Activated Stereotypes and Differential Treatment Against the Obese in Hiring | October 2008 | |
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| 3797 | Robert A. Hart, Yue Ma | Wage-Hours Contracts, Overtime Working and Premium Pay | October 2008 | |
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| 3794 | Laurens Cherchye, Bram De Rock, Frederic Vermeulen | An Afriat Theorem for the Collective Model of Household Consumption | October 2008 | |
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| 3784 | Gary Charness, Peter J. Kuhn, Marie-Claire Villeval | Competition and the Ratchet Effect | October 2008 | |
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| 3775 | Robert Hall, Alan B. Krueger | Wage Formation between Newly Hired Workers and Employers: Survey Evidence | October 2008 | |
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| 3771 | Nicola Lacetera, Mario Macis | Social Image Concerns and Pro-Social Behavior | October 2008 | |
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| 3770 | Nicola Lacetera, Mario Macis | Motivating Altruism: A Field Study | October 2008 | |
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| 3763 | Mikael Elinder, Henrik Jordahl, Panu Poutvaara | Selfish and Prospective: Theory and Evidence of Pocketbook Voting | October 2008 | |
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| 3760 | Blaise Melly, Patrick A. Puhani | Privatization and Changes in the Wage Structure: Evidence from Firm Personnel Records | October 2008 | |
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Selected Publications
Journal Articles: |
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| Martin Brown, Armin Falk, Ernst Fehr | "Relational Contracts and the Nature of Market Interactions", in: Econometrica, 2004, 72, 747-781. |
| Ernst Fehr, Lorenz Götte, David Huffman | "Loss Aversion and Labor Supply", in: Journal of the European Economic Association, 2004, 2, 216-228. |
| Armin Falk, Ernst Fehr, Urs Fischbacher | "Driving Forces Behind Informal Sanctions", in: Econometrica, 2005, 73 (6), 2017-2030. |
| Armin Falk, Ernst Fehr, Christian Zehnder | "Fairness Perceptions and Reservation Wages - The Behavioral Effects of Minimum Wage Laws", in: Quarterly Journal of Economics, 2006, 121 (4), 1347-1381. |
| Armin Falk, Michael Kosfeld | "The Hidden Cost of Control", in: American Economic Review, 2006, 96 (5), 1611-1630. |
| Oriana Bandiera, Iwan Barankay, Imran Rasul | "Incentives for Managers and Inequality Among Workers: Evidence from a Firm Level Experiment", in: Quarterly Journal of Economics, 2007, 122 (2), 729-773. |
| Dirk Sliwka | "Trust as a Signal of a Social Norm and the Hidden Costs of Incentive Schemes", in: American Economic Review, 2007, 97 (3), 999-1012. |
| Armin Falk | "Gift Exchange in the Field", in: Econometrica, 2007, 75 (5), 1501-1511. |
| Klaus Fliessbach, Bernd Weber, Peter Trautner, Thomas Dohmen, Uwe Sunde, Christian E. Elger, Armin Falk | "Social Comparison Affects Reward-Related Brain Activity in the Human Ventral Striatum", in: Science, 2007, 318 (5854), 1305-1308. |
| Ernst Fehr, Alexander Klein, Klaus M. Schmidt | "Fairness and Contract Design", in: Econometrica, 2007, 75 (1), 121-154. |