Matches in SemOpenAlex for { <https://semopenalex.org/work/W1967566371> ?p ?o ?g. }
- W1967566371 endingPage "558" @default.
- W1967566371 startingPage "550" @default.
- W1967566371 abstract "This article provides an answer to the question of why agents make self-serving decisions under moral hazard and how their self-serving decisions can be kept in check through institutional arrangements. Our theoretical model predicts that the agents' power and the manner in which they are held accountable jointly determine their propensity to make self-serving decisions. We test our theory in the context of financial investment decisions made under moral hazard using others' funds. Across 3 studies, using different decision-making tasks, different manipulations of power and accountability, and different samples, we show that agents' power makes them more likely to behave in a self-serving manner under moral hazard, but only when the appropriate accountability mechanisms are not in place. Specifically, we distinguish between outcome and procedural accountability and show that holding agents accountable for their decision-making procedure reduces the level of self-serving decisions under moral hazard and also curbs the negative consequences of power. Implications for decisions under moral hazard, the psychology of power, and the accountability literature are discussed." @default.
- W1967566371 created "2016-06-24" @default.
- W1967566371 creator A5019676322 @default.
- W1967566371 creator A5031525431 @default.
- W1967566371 date "2013-01-01" @default.
- W1967566371 modified "2023-10-06" @default.
- W1967566371 title "Masters of the universe: How power and accountability influence self-serving decisions under moral hazard." @default.
- W1967566371 cites W1485535210 @default.
- W1967566371 cites W1527412032 @default.
- W1967566371 cites W1529065731 @default.
- W1967566371 cites W1544837231 @default.
- W1967566371 cites W1547601285 @default.
- W1967566371 cites W1559612202 @default.
- W1967566371 cites W1562241008 @default.
- W1967566371 cites W1571798819 @default.
- W1967566371 cites W1572455460 @default.
- W1967566371 cites W1574061289 @default.
- W1967566371 cites W1575606059 @default.
- W1967566371 cites W1603542031 @default.
- W1967566371 cites W1611340449 @default.
- W1967566371 cites W168577429 @default.
- W1967566371 cites W1703398075 @default.
- W1967566371 cites W175146641 @default.
- W1967566371 cites W1965686539 @default.
- W1967566371 cites W1970614775 @default.
- W1967566371 cites W1974940338 @default.
- W1967566371 cites W197522827 @default.
- W1967566371 cites W1979682775 @default.
- W1967566371 cites W1981334319 @default.
- W1967566371 cites W1983177532 @default.
- W1967566371 cites W1984339569 @default.
- W1967566371 cites W1988629583 @default.
- W1967566371 cites W2002428970 @default.
- W1967566371 cites W2004096442 @default.
- W1967566371 cites W2004508718 @default.
- W1967566371 cites W2011040118 @default.
- W1967566371 cites W2011987077 @default.
- W1967566371 cites W2012400550 @default.
- W1967566371 cites W2014670854 @default.
- W1967566371 cites W2014944348 @default.
- W1967566371 cites W2016378690 @default.
- W1967566371 cites W2022480744 @default.
- W1967566371 cites W2039414516 @default.
- W1967566371 cites W2041317668 @default.
- W1967566371 cites W2068738272 @default.
- W1967566371 cites W2072260929 @default.
- W1967566371 cites W2075082726 @default.
- W1967566371 cites W2084228493 @default.
- W1967566371 cites W2089131903 @default.
- W1967566371 cites W2095299437 @default.
- W1967566371 cites W2101696501 @default.
- W1967566371 cites W2101903660 @default.
- W1967566371 cites W2107539208 @default.
- W1967566371 cites W2111399181 @default.
- W1967566371 cites W2111938797 @default.
- W1967566371 cites W2112392142 @default.
- W1967566371 cites W2124990143 @default.
- W1967566371 cites W2125292601 @default.
- W1967566371 cites W2134031808 @default.
- W1967566371 cites W2135670358 @default.
- W1967566371 cites W2140777058 @default.
- W1967566371 cites W2141708418 @default.
- W1967566371 cites W2144127636 @default.
- W1967566371 cites W2150262077 @default.
- W1967566371 cites W2152854236 @default.
- W1967566371 cites W2153744606 @default.
- W1967566371 cites W2159548560 @default.
- W1967566371 cites W2159741603 @default.
- W1967566371 cites W2169538695 @default.
- W1967566371 cites W2591698893 @default.
- W1967566371 cites W2797247465 @default.
- W1967566371 cites W3121396613 @default.
- W1967566371 cites W3123884512 @default.
- W1967566371 cites W3123932370 @default.
- W1967566371 cites W3124648789 @default.
- W1967566371 cites W3124982262 @default.
- W1967566371 cites W3125506886 @default.
- W1967566371 cites W3125749151 @default.
- W1967566371 cites W3180000827 @default.
- W1967566371 cites W55740411 @default.
- W1967566371 cites W593450642 @default.
- W1967566371 cites W624870327 @default.
- W1967566371 cites W79948616 @default.
- W1967566371 cites W2147463227 @default.
- W1967566371 cites W2335126140 @default.
- W1967566371 cites W3145144614 @default.
- W1967566371 doi "https://doi.org/10.1037/a0031697" @default.
- W1967566371 hasPubMedId "https://pubmed.ncbi.nlm.nih.gov/23379913" @default.
- W1967566371 hasPublicationYear "2013" @default.
- W1967566371 type Work @default.
- W1967566371 sameAs 1967566371 @default.
- W1967566371 citedByCount "79" @default.
- W1967566371 countsByYear W19675663712013 @default.
- W1967566371 countsByYear W19675663712014 @default.
- W1967566371 countsByYear W19675663712015 @default.
- W1967566371 countsByYear W19675663712016 @default.
- W1967566371 countsByYear W19675663712017 @default.
- W1967566371 countsByYear W19675663712018 @default.