Showing 1 - 10 of 62
We investigate experimentally whether subjects can learn, from their limited experiences, about relationships between the distribution of votes in a group and associated voting powers in weighted majority voting systems (WMV). Subjects are asked to play two-stage games repeatedly. In the second...
Persistent link: https://www.econbiz.de/10008794066
In this paper we examine the consequences of a decrease in exits of older workers on youth employment, allowing for job-to-job áows. We distinguish between young workers with no experience and experienced workers and we consider jobs with di§erent experience requirements. Using a theoretical...
Persistent link: https://www.econbiz.de/10010821355
welfare. In terms of type of contracts, the leading fields are Social sciences and Engineering. Moreover, what labour markets …
Persistent link: https://www.econbiz.de/10010898767
This paper investigates the impact of ownership structure and contractual choices on technical efficiency in the French urban public transport sector. The central proposition, which relies on classical contract theory arguments, is that ownership regime and contractual practices are key...
Persistent link: https://www.econbiz.de/10010750357
This paper focuses on how to deal with environmental problems, through the lenses of the New Institutional Economics. The emphasis is on the intertwined role of organizational solutions and their institutional settings. This is not to say that technological solutions to environmental problems...
Persistent link: https://www.econbiz.de/10010635123
In a framework of changes in the public transport organisation in Europe, this report deals with the contracts … inadequation of the trends in France; more and more risks borne by the operators, and less and less of breathing space (contracts …
Persistent link: https://www.econbiz.de/10008789466
properties of incentive contracts that lead to better technical efficiency. …
Persistent link: https://www.econbiz.de/10008792940
Management Contracts (WMC) which largely implicates the households in the cost reduction process. Within a set of feasible, i ….e. budget balancing, incentive compatible and acceptable, contracts we characterize the optimal WMC and compare this system to a …
Persistent link: https://www.econbiz.de/10008793401
possibility to sign a waste reduction contract in counterpart of a lower fee. These contracts satisfy an incentive, a budget … balancing and a participation constraints. For these feasible contracts, we show that this enriched ADF policy is welfare …
Persistent link: https://www.econbiz.de/10008793708
This paper applies a social learning model to the optimal consumption rule of Allen & Carroll (2001), and delivers … results in the literature, both in terms of speed of convergence and parsimony of the learning model. The learning model … exhibits several appealing features: it is frugal, easy to apply to a range of learning objectives, requires few procedures and …
Persistent link: https://www.econbiz.de/10010821366