This paper models employment relationship as a repeated principal-agent problem with private evaluation. The efficient contracts exhibit correlated movements between lagged wage and current effort that are consistent with the positive feedback between pay and morale in practice. Low morale therefore is an integral part of a well-functioning relationship. (JEL: C73, D82, J41, L14 )

The paper discusses a set of verbal prefixes which, when added to a verb together with a reflexive morpheme, change the verb’s meaning always in the same manner. The prefixes form a sequence according to the degree of intensity with which they modify the verbal action. We present the process of verb intensification in three Slavic languages, namely Czech, Slovak and Russian.

university-industry collaboration (uic) creates highly skilled and productive business graduates for meeting demand of industry, globalization, knowledge economy, and job market at home and abroad. in coping with ongoing acute competitive pressures of the information edge, higher education curricula of business needs to be intellectually planned, through collaboration between university and ind...

The established methods used for measuring labour productivity originally designed for the manufacturing sector do not fit the specific characteristics of knowledge work. We therefore propose a more appropriate understanding of the driving forces behind knowledge work productivity, focussing on process quality instead of result quantity. In a three step potential analysis, we assess (1) the kno...

Current cultural, social, and economic trends challenge traditional concepts of learning and lifelong learning. This paper draws on the twofold nature of learning in a knowledge society and explores options for technological support. The concept of Second-Order Learning Objects is introduced as a potential means to foster generative learning. Generative learning goes beyond that what is already...

I consider competitions in which, conditional on winning or losing, the effort exerted by a competitor does not necessarily decrease his payoff. This happens, for example, in competitions for promotions in which workers are intrinsically motivated, and in research and development races in which better performance implies a higher payoff from winning. I characterize players’ equilibrium payoffs ...

In regard to recent revolution in the education domain, English Language Teaching (ELT) assigns a sociopolitical dimension to itself in the light of Critical Pedagogy. The present study, in line with the recent educational revolution, aimed to investigate the effectiveness of critical thinking on improving EFL learners’ productive skills. The statistical population consisted of 164 pre-i...

Evidence of overproduction of sputum, the essential diagnostic feature of chronic bronchitis, is usually sought in epidemiological surveys by questionnaire. This approach is inevitably subjective. A valid objective sign of sputum production would be of value, both as an independent index of chronic bronchitis and as a supplement to the history. Elmes, Dutton, and Fletcher (1959) introduced the ...

Vocabulary acquisition is one of the most challenging obstacles language learners must overcome. This is especially true for students wishing to study in overseas universities, where comprehension of academic texts is required. This dissertation evaluates the vocabulary teaching component of an intensive English teaching programme for students intending to enter universities in the U.S. It firs...