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Consortium of Swiss Academic Libraries

Shareholder voting and merger returns

Henning, Laura

In: Financial Markets and Portfolio Management, 2015, vol. 29, no. 4, p. 337-363

Université de Fribourg

Adverse Effects of Monitoring: Evidence from a field experiment

Herz, Holger ; Zihlmann, Christian

(Working Papers SES ; 522)

We conduct a field experiment with remote workers to assess potential adverse effects of monitoring. We find that monitoring reduces the average performance of workers, in particular among the intrinsically motivated workforce. Moreover, monitoring cultivates the average worker: There are fewer high performers and the variance in performance is significantly reduced. Importantly, we show that...

Université de Fribourg

Black Sheep or Scapegoats? : Implementable Monitoring Policies under Unobservable Levels of Misbehavior

Buechel, Berno ; Muehlheusser, Gerd

In: The journal of legal studies, 2016, vol. 45, no. 2, p. 331-366

An authority delegates a monitoring task to an agent. Thereby, it can observe the number of detected offenders but not the monitoring intensity chosen by the agent or the resulting level of misbehavior. We provide a necessary and sufficient condition for the implementability of monitoring policies. When several monitoring intensities lead to an observationally identical outcome, only the...