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Toward an Economic Theory of Leadership: Leading by Example

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Ben Hermalin

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Abstract

This paper explores leadership within organizations. Leadership is distinct from authority because following a leader is a voluntarty rather than coerced activity of the followers. This paper considers how a leader induces rational followers to follow her in situations when the leader has incentives to mislead her followers.

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File URL: http://haas.berkeley.edu/~hermalin/leader.pdf
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Paper provided by University of California at Berkeley, Haas School of Business in its series Working Papers with number _006.

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Date of creation: Nov 1996
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Handle: RePEc:wop:calbha:_006

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  1. Jan Potters & Martin Sefton & Lise Vesterlund, 2007. "Leading-by-example and signaling in voluntary contribution games: an experimental study," Economic Theory, Springer, vol. 33(1), pages 169-182, October. [Downloadable!] (restricted)
  2. Josh Lerner & Jean Triole, 2000. "The Simple Economics of Open Source," NBER Working Papers 7600, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  3. Heijden, E. van der & Moxnes, E., 2003. "Leading by example? Investment decisions in a mixed sequential-simultaneous public bad experiment," Discussion Paper 38, Tilburg University, Center for Economic Research. [Downloadable!]
  4. Werner Güth & M. Vittoria Levati & Matthias Sutter & Eline van der Heijden, 2006. "Leading by example with and without exclusion power in voluntary contribution experiments," Discussion Papers on Strategic Interaction 2006-35, Max Planck Institute of Economics, Strategic Interaction Group. [Downloadable!]
    Other versions:
  5. repec:att:wimass:1920213 is not listed on IDEAS
  6. Pedro Rey Biel & Steffen Huck, 2005. "Endogenous Leadership in Teams," Microeconomics 0506004, EconWPA. [Downloadable!]
    Other versions:
  7. Torun Dewan & David P. Myatt, 2007. "The Qualities of Leadership: Direction, Communication, and Obfuscation," Economics Series Working Papers 311, University of Oxford, Department of Economics. [Downloadable!]
  8. Emrah Arbak & Marie-Claire Villeval, 2007. "Endogenous Leadership Selection and Influence," Working Papers 0707, Groupe d'Analyse et de Théorie Economique (GATE), Centre national de la recherche scientifique (CNRS), Université Lyon 2, Ecole Normale Supérieure. [Downloadable!]
    Other versions:
  9. Jiahua Che, 2000. "From the Grabbing Hand to the Helping Hand," William Davidson Institute Working Papers Series 58, William Davidson Institute at the University of Michigan Stephen M. Ross Business School. [Downloadable!]
  10. Bernard Sinclair-Desgagné, 2004. "Corporate Strategies For Managing Environmental Risk (The International Library Of Environmental Economics And Policy – Volume xx)," CIRANO Working Papers 2004s-43, CIRANO. [Downloadable!]
  11. Andrew F. Daughety & Jennifer F. Reinganum, 2006. "Hidden Talents: Partnerships with Pareto-Improving Private Information," Working Papers 0613, Department of Economics, Vanderbilt University. [Downloadable!]
  12. Werner Güth & M. Vittoria Levati & Matthias Sutter & Eline van der Heijden, 2004. "Leadership and cooperation in public goods experiments," Discussion Papers on Strategic Interaction 2004-29, Max Planck Institute of Economics, Strategic Interaction Group. [Downloadable!]
  13. Urs Steiner Brandt, 2003. "Unilateral Actions the Case of International Environmental Problems," Working Papers 40/03, University of Southern Denmark, Department of Environmental and Business Economics. [Downloadable!]
    Other versions:
  14. Goodall, Amanda H. & Kahn, Lawrence M. & Oswald, Andrew J., 2008. "Why Do Leaders Matter? The Role of Expert Knowledge," IZA Discussion Papers 3583, Institute for the Study of Labor (IZA). [Downloadable!]
  15. Ugurhan Berkok, 2006. "Third-Country Demand For Peacekeeping," Defence and Peace Economics, Taylor and Francis Journals, vol. 17(5), pages 473-485, October. [Downloadable!] (restricted)
  16. Martin G. Kocher & Ganna Pogrebna & Matthias Sutter, . "The Determinants of Managerial Decisions Under Risk," Working Papers 2008-04, Faculty of Economics and Statistics, University of Innsbruck. [Downloadable!]
  17. Potters, J.J.M. & Shefton, M. & Vesterlund, L., 2003. "After you - endougenous sequencing in voluntary contribution games," Discussion Paper 98, Tilburg University, Center for Economic Research. [Downloadable!]
    Other versions:
  18. Torun Dewan & David P. Myatt, 2007. "The Qualities of Leadership:Direction, Communication, and Obfuscation," STICERD - Political Economy and Public Policy Paper Series 24, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE. [Downloadable!]
  19. Bernard Sinclair-Desgagné, 2000. "Environmental Risk Management and the Business Firm," CIRANO Working Papers 2000s-23, CIRANO. [Downloadable!]
  20. Otto H. Swank & Bauke Visser, . "Sharing Information through Delegation and Collaboration," Tinbergen Institute Discussion Papers 04-042/1, Tinbergen Institute. [Downloadable!]
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