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The ability of groups to implement efficiency-enhancing institutions is emerging as a central theme of research in economics. This paper explores voting on a scheme of intergroup competition, which facilitates cooperation in a social dilemma situation. Experimental results show that the...
Persistent link: https://www.econbiz.de/10010754117
We develop a product market theory that identifies determinants of worker turnover and explains why firms invest in …
Persistent link: https://www.econbiz.de/10005703400