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Institution

London School of Economics and Political Science

EducationLondon, United Kingdom
About: London School of Economics and Political Science is a education organization based out in London, United Kingdom. It is known for research contribution in the topics: Population & Politics. The organization has 8759 authors who have published 35017 publications receiving 1436302 citations.


Papers
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Journal ArticleDOI
TL;DR: The economics of happiness is an expanding field, with a growing number of applied papers reporting empirical associations between happiness and other variables as discussed by the authors, and a broad view of the topic, aiming to provide an outline of the literature in relation to happiness economics' origins, definitions, theory, methods, applications, critiques, relations with other areas of economic research, political and policy connections and promising directions for future inquiry.
Abstract: The economics of happiness, or subjective well being, is an expanding field, with a growing number of applied papers reporting empirical associations between happiness and other variables. This paper takes a broad view of the topic, aiming to provide an outline of the literature in relation to happiness economics' origins, definitions, theory, methods, applications, critiques, relations with other areas of economic research, political and policy connections, and promising directions for future inquiry.

287 citations

Journal ArticleDOI
TL;DR: It is found that merely providing workers' relative position in the distribution of pay and productivity leads to a large and long-lasting increase in productivity that is costless to the firm.
Abstract: We use a quasi-experimental research design to study the effect of giving workers feedback on their relative performance. The setting is a firm in which workers are paid piece rates and where, for exogenous reasons, management begins to reveal to workers their relative position in the distribution of pay and productivity. We find that merely providing this information leads to a large and long-lasting increase in productivity that is costless to the firm. Our findings are consistent with the interpretation that workers' incipient concerns about their relative standing are activated by information about how they are performing relative to others. This paper was accepted by Olav Sorenson, organizations.

286 citations

Journal ArticleDOI
TL;DR: In this paper, the authors examine how social units such as families or relationships such as colleagues or friends are re-assembled and re-organised in the small-scale spaces that are car interiors.

286 citations

Posted Content
TL;DR: In this paper, the authors present a technical process, multi-criteria portfolio analysis, for balancing the conflicting elements of the problem, and a social process, decision conferencing, which engages all the key players during the modelling process, ensuring their ownership of the model and subsequent implementation.
Abstract: Managers in both for-profit and not-for-profit organisations continually face the task of allocating resources by balancing costs, benefits and risks and gaining commitment by a wide constituency of stakeholders to those decisions. This task is complex and difficult because many options are present, benefits and risks are rarely expressed as single objectives, multiple stakeholders with different agendas compete for limited resources, individually optimal resource allocations to organisational units are rarely collectively optimal, and those dissatisfied with the decisions taken may resist implementation. We first explain three current approaches to resource allocation taken from corporate finance, operational research and decision analysis, and we identify a common mistake organisations make in allocating resources. The paper then presents a technical process, multi-criteria portfolio analysis, for balancing the conflicting elements of the problem, and a social process, decision conferencing, which engages all the key players during the modelling process, ensuring their ownership of the model and the subsequent implementation. This socio-technical process improves communication within the organisation, develops shared understanding of the portfolio and generates a sense of common purpose about those projects that will best realise the organisation’s objectives. The paper concludes with lessons we have learned from actual practice.

285 citations

Posted ContentDOI
TL;DR: In this article, the authors analyzed the economic impact of industrial robots and found that industrial robots increased both labor productivity and value added, while reducing the hours of both low-skilled and middle-skilled workers.
Abstract: Despite ubiquitous discussions of robots' potential impact, there is almost no systematic empirical evidence on their economic effects. In this paper we analyze for the first time the economic impact of industrial robots, using new data on a panel of industries in 17 countries from 1993-2007.We find that industrial robots increased both labor productivity and value added. Our panel identification is robust to numerous controls, and we find similar results instrumenting increased robot use with a measure of workers' replaceability by robots, which is based on the tasks prevalent in industries before robots were widely employed. We calculate that the increased use of robots raised countries' average growth rates by about 0.37 percentage points. We also find that robots increased both wages and total factor productivity. While robots had no significant effect on total hours worked, there is some evidence that they reduced the hours of both low-skilled and middle-skilled workers.

285 citations


Authors

Showing all 9081 results

NameH-indexPapersCitations
Ichiro Kawachi149121690282
Amartya Sen149689141907
Peter Hall132164085019
Philippe Aghion12250773438
Robert West112106153904
Keith Beven11051461705
Andrew Pickles10943655981
Zvi Griliches10926071954
Martin Knapp106106748518
Stephen J. Wood10570039797
Jianqing Fan10448858039
Timothy Besley10336845988
Richard B. Freeman10086046932
Sonia Livingstone9951032667
John Van Reenen9844040128
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Performance
Metrics
No. of papers from the Institution in previous years
YearPapers
2023135
2022457
20212,030
20201,835
20191,636
20181,561