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Topic: Other-Regarding Preferences and Management Styles
Co-authors: Matthias Sutter (University of Innsbruck) and Martin Kocher (University of Munich)
Abstract: We use a laboratory experiment to examine whether and to what extent other-regarding preferences of team managers influence their management style in choice under risk. We find that managers who prefer efficiency or report high levels of selfishness are more likely to exercise an autocratic management style by ignoring preferences of the other team members. Yet, inequity aversion has no significant impact on management styles. Elected managers have a higher propensity than exogenously assigned managers to use a democratic management style by reaching team consensus.Male managers employ a democratic style more often than women. Managers influenced by group membership tend to employ a democratic style.
- Speaker
- Ganna Pogrebna (Sheffield & Warwick)
- Hosted by
- Economics
- Venue
- EW S52
- Contact