Issue 3

Volume 33 JOURNAL OF ECONOMICS & MANAGEMENT STRATEGY
Fall 2024

Effort complementarity and role assignments in group contests

Katsuya Kobayashi
This study characterizes role assignments in maximizing a group's winning probability under the influence of the complementarity of group members' efforts in a group contest, in contrast to prize and multiple resource allocations.

Organization of production and income inequality

Luis Medrano-Adán, Vicente Salas-Fumás, Javier Sanchez-Asin
This paper contributes to the literature that postulates a relationship between income inequality and the relative importance of “market” and “organization” in the direction of resources.

Communicating clean technology: Green premium, competition, and ecolabels

Aditi Sengupta
In markets where differences in the environmental performance of competing firms arise due to differences in technology that cannot be altered in the short run and firms have private information about their own current technology, I show that market competition creates a strategic disincentive for adopting ecolabels (even if the cost of adoption is negligible) to directly and credibly communicate this private information to environmentally conscious consumers.

Revenue drift, incentives, and effort allocation in social enterprises

Theodor Vladasel, Simon C. Parker, Randolph Sloof, Mirjam van Praag
Revenue drift, whereby insufficient attention is given to economic, relative to social, goals, threatens social enterprise performance and survival. We argue that financial incentives can address this problem by redirecting employee attention to commercial tasks and attracting workers less inclined to fixate on social tasks.

Learning-by-doing and contract choice

Katja Greer
This study examines vertical agreements that occur when suppliers experience learning-by-doing, which makes them more productive over time and poses a competitive threat to their rivals.