New Results from Experimental and Behavioural Economics: A Culture of Trust as a Competitive Advantage in Digital Times
Dominik Enste / Mara Grunewald / Louisa Kürten IW-Trends No. 2 10. July 2018 New Results from Experimental and Behavioural Economics: A Culture of Trust as a Competitive Advantage in Digital Times
For companies, a lived culture of trust is an important competitive advantage. Particularly in an era of digitalization and increasing complexity, trust provides a sound basis for successful cooperation.
Dominik Enste / Mara Grunewald / Louisa Kürten German Economic Institute (IW)
For companies, a lived culture of trust is an important competitive advantage. Particularly in an era of digitalization and increasing complexity, trust provides a sound basis for successful cooperation.
By contrast, when a firm's culture is determined by controls and compliance mechanisms, employee satisfaction and motivation decline, and conflicts between staff and their superiors become more common. To explore the future of the culture of trust in German companies, this study carried out experiments in behavioural economics with junior managers. The results show that young junior managers have a high degree of trust, are willing to cooperate and behave fairly.
Dominik Enste / Mara Grunewald / Louisa Kürten IW-Trends No. 2 10. July 2018
Dominik Enste / Mara Grunewald / Louisa Kürten: Neue experimentelle und verhaltensökonomische Ergebnisse – Vertrauenskultur als Wettbewerbsvorteil in digitalen Zeiten
Andrea Hammermann / Jörg Schmidt / Oliver Stettes IW-Analyse No. 149 27. July 2022
Labour turnover in Germany
Labour turnover in Germany tends to be relatively constant over time but decreases slightly in times of economic crisis, such as the Global Financial Crisis of 2008-2009 or the Covid-19 pandemic.
Andrea Hammermann / Jörg Schmidt / Oliver Stettes IW
Annette Dietz / Andrea Hammermann / Oliver Stettes IW-Report No. 33 10. June 2022
Behind the scenes of upheaval and change: Businesses in the transformation process
The pressure on companies and their employees to change and adapt is enormous against the background of megatrends such as digital and ecological change.
Annette Dietz / Andrea Hammermann / Oliver Stettes IW
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German Economic Institute (IW) 
