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Bargaining and conflict with up-front investments : how power asymmetries matter
Schaller, Zachary; Skaperdas, Stergios - 2019
We examine settings - such as litigation, labor relations, or arming and war - in which players first make non …
Persistent link: https://www.econbiz.de/10012156576
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Retiree health insurance for public school employees : does it affect retirement?
Fitzpatrick, Maria D. - 2013
Despite the widespread provision of retiree health insurance for public sector workers, little attention has been paid to its effects on employee retirement. This is in contrast to the large literature on health-insurance-induced "job-lock" in the private sector. I use the introduction of...
Persistent link: https://www.econbiz.de/10010189828
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Compensation for loss of work income in personal injury cases
Danziger, Leif; Katz, Eliakim - 2017
What is the appropriate lump-sum compensation for loss of work income in personal injury cases? Since generally future work income is not known with certainty, compensation for its loss must be based on statistical considerations. Typically, courts have based awards on mean or median work...
Persistent link: https://www.econbiz.de/10011688166
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Compensation in personal injury cases : mean or median income?
Danziger, Leif; Katz, Eliakim - 2019
Courts typically base compensation for loss of income in personal injury cases on either mean or median work income. Yet, quantatively, mean and median incomes are typically very different. For example, in the US median income is 65 percent of mean income. In this paper we use economic theory to...
Persistent link: https://www.econbiz.de/10012033224
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The macroeconomic loss function : a critical note
Mayer, Thomas - 2002
The standard loss function counts both positive and negative deviations from the output and inflation targets as losses. But if the sample period is long enough, then output growth in excess of the target, and often also inflation rates that are below target, should be counted as gains instead...
Persistent link: https://www.econbiz.de/10011541188
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Litigation and the timing of settlement : evidence from commercial disputes
Grajzl, Peter; Zajc, Katarina - 2015
study how the timing of settlement is shaped by the stages and features of the litigation process. Using competing risk …
Persistent link: https://www.econbiz.de/10011343069
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Comparative Analysis of Litigation Systems: An Auction-Theoretic Approach
Baye, Michael R.; Kovenock, Daniel J.; Vries, Casper G. de - 2000
A simple auction-theoretic framework is used to examine symmetric litigation environments where the legal ownership of …
Persistent link: https://www.econbiz.de/10009781653
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Spite in litigation
Mill, Wladislaw; Stäbler, Jonathan - 2023
This paper studies how litigation and settlement behavior is affected by agents motivated by spiteful preferences under … the American and the English fee-shifting rule. We conduct an experiment and find that litigation expenditures and … settlement requests are higher for more spiteful participants. The relative increase in litigation expenditures due to spite is …
Persistent link: https://www.econbiz.de/10013555697
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The willingness to pay for job amenities : evidence from mothers' return to work
Felfe, Christina - 2009
This study is the first to estimate mother's marginal willingness to pay (MWP) for job amenities directly. Its identification strategy relies on German maternity leave length. The key aspect of the maternal leave framework is that mothers can decide whether and when to return to their guaranteed...
Persistent link: https://www.econbiz.de/10003872318
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Portability of pension, health, and other social benefits : facts, concepts, and issues
Holzmann, Robert; Koettl, Johannes - 2012
Portability of social benefits across professions and countries is an increasing concern for individuals and policy makers. Lacking or incomplete transfers of acquired social rights are feared to negatively impact individual labor market decisions as well as capacity to address social risks with...
Persistent link: https://www.econbiz.de/10009683455