the tools of game theory to analyse how different institutional settings can provide specific strategic incentives and …

This paper provides an economic foundation for non-binding mediation to stimulate first collective bargaining … agreements, as implemented in British Columbia since 1993. We show that the outcome of first-contract mediation is Pareto … profits under mediation coincide with the Owen values of the corresponding cooperative game with the coalitional structure …

the provision of incentives. Unlike previous papers, we use a direct measure of seniority-based pay as well as measures of … incentives. They are also less likely to invest in monitoring devices. We also find that firms that offer seniority-based pay are …

behavior depends critically on the way in which performance incentives are structured. In particular, relative compensation …

There has been little empirical work evaluating the sensitivity of fertility to financial incentives at the household … representation of the French tax-benefit system. Our results suggest that financial incentives play a notable role in determining …

subordinate then is affected by the outcome of the task and he therefore has strong incentives to contribute to its success. There …

schemes designed to encourage either participation or volume. Our results confirm the importance of incentives in that we find …