Similar Search Results

Cigno, Alessandro - Institute for the Study of Labor (IZA) - 2009

We use elementary game-theoretical concepts to compare domestic equilibria with and without marriage. In particular, we … examine the effects of marriage legislation, matrimonial property regime, and divorce court sentencing practice, on the … decision to marry, and on the choice of game conditional on marriage. We find that, in the absence of social stigma or legal …

Persistent link: https://www.econbiz.de/10008558938

Sorties from the Fortress: The Current System of Anti-Immigration Policy in Germany

Rotte, Ralph - Institute for the Study of Labor (IZA) - 1998

This paper gives a short synoptical overview of the most important elements of current anti-immigration policy in Germany. Based on the hypothesis that its primary aim is exclusion of new migrants, the measures taken within the framework of a groupwise nationally oriented but internationally...

Persistent link: https://www.econbiz.de/10005703661

Corruption as a Barrier to Entry: Theory and Evidence

Campos, Nauro F.; Estrin, Saul; Proto, Eugenio - Institute for the Study of Labor (IZA) - 2010

Conventional wisdom depicts corruption as a tax on incumbent firms. This paper challenges this view in two ways. First, by arguing that corruption matters not so much because of the value of the bribe ("tax"), but because of another less studied feature of corruption, namely bribe...

Persistent link: https://www.econbiz.de/10008682953

Reputations, Relationships and the Enforcement of Incomplete Contracts

MacLeod, W. Bentley - Institute for the Study of Labor (IZA) - 2006

This paper discusses the literature on the enforcement of incomplete contracts. It compares legal enforcement to enforcement via relationships and reputations. A number of mechanisms, such as the repeat purchase mechanism (Klein and Leffler (1981)) and efficiency wages (Shapiro and Stiglitz...

Persistent link: https://www.econbiz.de/10005233793

Discretionary Latitude and Relational Contracting

Wu, Steven Y.; Roe, Brian E. - Institute for the Study of Labor (IZA) - 2007

. Our results are consistent with the theory of strategic ambiguity of Bernheim and Whinston (1998) and can be rationalized …

Persistent link: https://www.econbiz.de/10005762063

Legal Default Rules: The Case of Wrongful Discharge Laws

MacLeod, W. Bentley; Nakavachara, Voraprapa - Institute for the Study of Labor (IZA) - 2006

One of the most vexing public policy issues is the extent to which governments should intervene into private contractual relationships. The purpose of this paper is to explore both theoretically and empirically the extent to which such interventions may enhance efficiency. In the case of...

Persistent link: https://www.econbiz.de/10005703627

Transfer Fee Regulations in European Football

Feess, Eberhard; Muehlheusser, Gerd - Institute for the Study of Labor (IZA) - 2002

We analyze the impact of three different transfer fee systems on payoffs, contract lengths, training and effort incentives in European football. The different regimes, being used until 1995 ("Pre-Bosman" or P), currently in use ("Bosman" or B), and recently approved ("Monti" or M) differ with...

Persistent link: https://www.econbiz.de/10005822693

Producer Protection Legislation and Termination Damages in the Presence of Contracting Frictions

Wu, Steven Y. - Institute for the Study of Labor (IZA) - 2009

This study models producer protection legislation that would grant growers the right to claim damages (PPLD) if their contracts are prematurely terminated. In the absence of contracting frictions that prevent contractors from redesigning contracts to accommodate exogenous policy changes, PPLD...

Persistent link: https://www.econbiz.de/10005103260

The Economics of First-Contract Mediation

Dobbelaere, Sabien; Luttens, Roland Iwan - Institute for the Study of Labor (IZA) - 2013

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 efficient and proves immune to the insider-outsider problem of...

Persistent link: https://www.econbiz.de/10010685860

Contracts between Legal Persons

Kornhauser, Lewis A.; MacLeod, W. Bentley - Institute for the Study of Labor (IZA) - 2010

Contract law and the economics of contract have, for the most part, developed independently of each other. In this essay, we briefly review the notion of a contract from the perspective of lawyer, and then use this framework to organize the economics literature on contract. The title, Contracts...

Persistent link: https://www.econbiz.de/10008765228

1
2
3
4
5
6
7
8
9
10
Next
Last