Ernst Fehr | Beliefs, values and business success

Описание: Dipping into the fascinating field of behavioral and experimental economics, Ernst Fehr explains how the right behavioral rules and incentives can foster productive cooperation among employees and at the same time limit free-rider effects or similar unwanted behavior.

A sound corporate culture drives a company’s overall performance sustainably – this is not only common sense, but also evidenced in research. Why is culture so important for economic success, and what are the characteristics of a successful corporate culture? A new paper by Ernst Fehr puts cooperation and feedback center stage.

Ernst Fehr is a Professor of Microeconomics and Experimental Economics at the Department of Economics at the University of Zurich and Director of the UBS International Center of Economics in Society. He is a former president of the Economic Science Association and of the European Economic Association, honorary member of the American Academy of Arts and Sciences, and John Kenneth Galbraith Fellow of the American Academy of Political and Social Sciences.
Ernst Fehr’s research interests include social and biological foundations of human motivation, the effects of social and economic incentives on human behavior, and the optimal design of contracts and institutions.

Fehr research: https://www.ubscenter.uzh.ch/en/resea...
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