Arbeitspapier
General Revealed Preference Tests of Weak Separability and Utility Maximization with Incomplete Adjustment
Boards hire and fire CEOs based on imperfect information. Using comprehensive data on 28 cohorts in Sweden, we analyze the role of a potentially important unobserved attribute - CEO health - in corporate governance. We find CEOs are significantly healthier than the population and other highskill professionals, in particular in mental health. Health at appointment predicts turnover, suggesting boards respond to health problems and correct mismatches that occurred at the time of appointment. Health-related corporate governance appears to work imperfectly, however, as we find CEO health also associates with firm policies requiring an active CEO role.
- Sprache
-
Englisch
- Erschienen in
-
Series: IFN Working Paper ; No. 1327
- Klassifikation
-
Wirtschaft
Semiparametric and Nonparametric Methods: General
Mathematical Methods; Programming Models; Mathematical and Simulation Modeling: General
Microeconomic Behavior: Underlying Principles
Household Behavior: General
Money and Interest Rates: General
- Thema
-
Aggregation
Incomplete Adjustment
Revealed Preference
Weak Separability
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Hjertstrand, Per
Swofford, James L.
Whitney, Gerald A.
- Ereignis
-
Veröffentlichung
- (wer)
-
Research Institute of Industrial Economics (IFN)
- (wo)
-
Stockholm
- (wann)
-
2020
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:41 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Hjertstrand, Per
- Swofford, James L.
- Whitney, Gerald A.
- Research Institute of Industrial Economics (IFN)
Entstanden
- 2020
Ähnliche Objekte (12)
Revealed preference tests of utility maximization and weak separability of consumption, leisure and money with incomplete adjustment
Utility maximization, choice and preference
Utility maximization, choice and preference
What kind of preference maximization does the weak axiom of revealed non-inferiority characterize?
Scenario adjustment in stated preference research
Causal explanations within weak and incomplete theories
The theory of weak revealed preference
Incomplete-data Fisher scoring method with steplength adjustment
Optimisation of Group Consistency for Incomplete Uncertain Preference Relation
Incomplete Fermatean fuzzy preference relations and group decision-making
Utility maximization in incomplete markets in the presence of claims or random endowments
A rationalization of the weak axiom of revealed preference
Revealed preference tests of utility maximization and weak separability of consumption, leisure and money with incomplete adjustment
Utility maximization, choice and preference
Utility maximization, choice and preference
What kind of preference maximization does the weak axiom of revealed non-inferiority characterize?
Scenario adjustment in stated preference research
Causal explanations within weak and incomplete theories
The theory of weak revealed preference
Incomplete-data Fisher scoring method with steplength adjustment
Optimisation of Group Consistency for Incomplete Uncertain Preference Relation
Incomplete Fermatean fuzzy preference relations and group decision-making
Utility maximization in incomplete markets in the presence of claims or random endowments
A rationalization of the weak axiom of revealed preference
Revealed preference tests of utility maximization and weak separability of consumption, leisure and money with incomplete adjustment
Utility maximization, choice and preference
Utility maximization, choice and preference
What kind of preference maximization does the weak axiom of revealed non-inferiority characterize?
Scenario adjustment in stated preference research
Causal explanations within weak and incomplete theories
The theory of weak revealed preference
Incomplete-data Fisher scoring method with steplength adjustment
Optimisation of Group Consistency for Incomplete Uncertain Preference Relation
Incomplete Fermatean fuzzy preference relations and group decision-making
Utility maximization in incomplete markets in the presence of claims or random endowments