One of the productive activities engaging the work force is reorganizing. When factors of production are better matched, productivity is higher. The probabilistic matching model of Diamond, Mortensen, and others provides a way to make the idea of reorganization precise. Because the flow of organizational effort generates benefits lasting well into the future, it is appropriate to think of organ...

We examine the optimal choice of hurdle rates in a capital budgeting setting in which a manager receives superior information regarding the profitability of an investment project. Unlike the prior capital budgeting literature that treats the distribution of investment returns as exogenous, we consider a scenario in which the manager can engage in upfront project development activities to improv...

Expertise and experience are frequently held to be universally desirable political attributes. But under what conditions can voters benefits from improvements in the human capital of their politicians? We address this question in a model of electoral control with two districts, built upon three premises. First, both human capital (quality) and effort are key inputs of a politician’s performance...

In capital breeders, individual differences in body size and condition can impact mating effort and success. In addition to the collateral advantages of large body size in competition, large nutrient reserves may offer advantages in endurance rivalry and enable the high rates of energy expenditure associated with mating success. We examined the impacts of body reserves and dominance rank on ene...

this study was aimed at developing a method for measuring the relationship between intellectual capital and project manager competencies. intellectual capital consist human capital, structural capital and relational capital. project manager competencies have been evaluated based on ipma competence baseline (icb) and project manager competency development framework (pmcdf) includes knowledge, sk...

The Impact of Worker Effort on Public Sentiment Towards Temporary Migrants Temporary and circular migration programs have been devised by many destination countries and supported by the European Commission as a policy to reduce welfare and social costs of immigration in destination countries. In this paper we present an additional reason for proposing temporary migration policies based on the c...

This paper intends based on the current state of the art of Intellectual Capital measurement to picture necessary development towards an integrative reporting instrument for Intellectual Capital. Although Intellectual Capital measurement evolved due to the intention and necessity to disclosure intangible assets meeting the information demands of all stakeholders, it has not quite succeeded in t...

The free movement of capital across borders has created, and will certainly continue to create, enormous economic benefits. Capital flows afford developing countries and other regions the means to exploit promising investment opportunities, while providing savers around the globe the means both to earn higher returns and to reduce risk through international portfolio diversification. Access to ...