We study the impact of communication on behavior in a two-stage coordination game with asymmetric payoffs. We test … sustain coordination over time and alleviate the inequality induced by the asymmetry of payoffs. Third, communication …

evidence on their influence on quitting decisions. This paper presents results from an experiment in which participants receive … working conditions causes workers to quit at more similar times. When, and only when, communication is allowed, workers are …

prospects in a laboratory experiment. Under low stakes, we find the typical risk seeking behavior for small probabilities … predicted by the prospect theory. But under high stakes, we provide some evidence that risk seeking behavior is dramatically …

strategies seen in the lab and use the simulation to develop hypotheses about why group size should matter when punishment is …

and that returns to general experience are assessed at the point of job change. Using the British New Earnings Survey …

cohorts of the baby-boom. Using a survey where workers declare their true employment experience, this paper argues that these … labor force, there is higher unemployment among low-experience workers, they do not accumulate enough on-the-job human … even after the shock. In a competitive market, in contrast, wage inequality and notably, the wage return to experience …

experience and technology adoption and the effect of technological change on the returns to experience. Estimates indicate that … technological change is an important explanation for changes in experience premia. We find a complementarity between existing human …

We examine the dynamic role of education and experience as determinants of wages. It is hypothesized that an employee … market experience and increase with initially unobserved ability, since the employer gradually obtains better information on …