Search Results - subject:"outside options"

An outside-option-sensitive allocation rule for networks : the kappa-value

Belau-Garmann, Julia - In: Economic theory bulletin 1 (2013) 2, pp. 175-188

Persistent link: https://www.econbiz.de/10010345920

Incomplete contracts and competition: another look at fisher body/general motors?

Nicita, Antonio; Sepe, Simone - In: European Journal of Law and Economics 34 (2012) 3, pp. 495-514

In this paper we analyze the problem of the enforcement of incomplete contracts with endogenous outside options. Some … control the Fisher brothers’ outside options. Copyright Springer Science+Business Media, LLC 2012 …

Persistent link: https://www.econbiz.de/10010863251

Partnerships, Imperfect Monitoring and Outside Options: Theory and Experimental Evidence

Crosetto, Paolo; Gaudeul, Alexia; Riener, Gerhard - Wirtschaftswissenschaftliche Fakultät, … - 2012

outside options. Our subjects do not adapt effort as a response to changes in their beliefs about the effort of their partner … effort to sustain it. Higher outside options do not either motivate or discourage effort in joint work but rather result in …

Persistent link: https://www.econbiz.de/10010570353

Profit Sharing, Credit Market Imperfections and Equilibrium Unemployment

Koskela, Erkki; Stenbacka, Rune - 2004

presence of profit sharing. In a partial equilibrium with exogenous outside options increased bargaining power of banks has … adverse employment effects. In a general equilibrium with endogenous outside options this relationship is frequently reversed …

Persistent link: https://www.econbiz.de/10010261788

Contracting with Externalities and Outside Options

Bloch, Francis; Gomes, Armando - 2004

encompasses many economic models with externalities and outside options. We show that when outside options are pure (i … players become perfectly patient. If outside options are not pure, all Markov perfect equilibria may be inefficient. The …

Persistent link: https://www.econbiz.de/10011324948

Randomly Available Outside Options in Bargaining

Ponsati, Clara; Sakovics, Jozsef - School of Economics, University of Edinburgh - 2004

We consider an extension of the standard Rubinstein model where both players are randomly allowed to leave the negotiation after a rejection, in which case they obtain a payoff known value. We show that, when the value of the outside opportunities is of intermediate size, there exist a continuum...

Persistent link: https://www.econbiz.de/10005369115