31 citations · 67 across the 13 of their papers we have counts for
10 papers · 1 filter
Conformity: Resolving the Trade-Off Between Performance and Synchrony in Multi-Unit Organizations
Ravshanbek Khodzhimatov, Stephan Leitner, Friederike Wall
Multi-unit organizations are a form of organizations where the geographically dispersed units provide similar products or services in different markets. Deciding on an appropriate…
Controlling replication via the belief system in multi-unit organizations
Ravshanbek Khodzhimatov, Stephan Leitner, Friederike Wall
Multi-unit organizations such as retail chains are interested in the diffusion of best practices throughout all divisions. However, the strict guidelines or incentive schemes may n…
Limited intelligence and performance-based compensation: An agent-based model of the hidden action problem
Patrick Reinwald, Stephan Leitner, Friederike Wall
Models of economic decision makers often include idealized assumptions, such as rationality, perfect foresight, and access to all relevant pieces of information. These assumptions…
Micro-level dynamics in hidden action situations with limited information
Stephan Leitner, Friederike Wall
The hidden-action model provides an optimal sharing rule for situations in which a principal assigns a task to an agent who makes an effort to carry out the task assigned to him. H…
Effects of limited and heterogeneous memory in hidden-action situations
Patrick Reinwald, Stephan Leitner, Friederike Wall
Limited memory of decision-makers is often neglected in economic models, although it is reasonable to assume that it significantly influences the models' outcomes. The hidden-actio…
Modeling Managerial Search Behavior based on Simon's Concept of Satisficing
Friederike Wall
Computational models of managerial search often build on backward-looking search based on hill-climbing algorithms. Regardless of its prevalence, there is some evidence that this f…
On the effect of social norms on performance in teams with distributed decision makers
Ravshanbek Khodzhimatov, Stephan Leitner, Friederike Wall
Social norms are rules and standards of expected behavior that emerge in societies as a result of information exchange between agents. This paper studies the effects of emergent so…
Interactions between social norms and incentive mechanisms in organizations
Ravshanbek Khodzhimatov, Stephan Leitner, Friederike Wall
We focus on how individual behavior that complies with social norms interferes with performance-based incentive mechanisms in organizations with multiple distributed decision-makin…
Agent-based Computational Economics in Management Accounting Research: Opportunities and Difficulties
Friederike Wall, Stephan Leitner
Agent-based computational economics (ACE) - while adopted comparably widely in other domains of managerial science - is a rather novel paradigm for management accounting research (…
Decision-facilitating information in hidden-action setups: An agent-based approach
Stephan Leitner, Friederike Wall
The hidden-action model captures a fundamental problem of principal-agent theory and provides an optimal sharing rule when only the outcome but not the effort can be observed. Howe…