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Efficiency in a matching model with heterogeneous agents : too many good or bad jobs?
Blázquez, Maite (contributor); Jansen, Marcel (contributor) - 2003 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10001876886
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Layoff costs and efficiency with asymmetric information
Delacroix, Alain; Wasmer, Etienne - 2009
Wage determination under asymmetric information generates inefficiencies due to excess turnover. Severance pay and layoff taxes can improve efficiency. We show that inefficient separations can even be fully removed with fixed separation taxes in the case where the relevant private information is...
Persistent link: https://www.econbiz.de/10003906313
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How transparency kills information aggregation : theory and experiment
Fehrler, Sebastian; Hughes, Niall - 2015
under secrecy. This occurs despite subjects revealing more information under transparency than theory predicts. …
Persistent link: https://www.econbiz.de/10010516456
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Rational inattention and employer learning
Habermalz, Steffen - 2010
learning model with the theory of rational inattention introduced by Sims (2006). In the model firms optimally allocate …
Persistent link: https://www.econbiz.de/10009300804
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Contracting with private information
Hagedorn, Marcus (contributor) - 2003 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10001744053
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Discretionary latitude and relational contracting
Wu, Steven Y. (contributor); Roe, Brian E. (contributor) - 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/10003609846
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Raising juveniles
Bell, Clive; Gersbach, Hans; Schneider, Maik T. - 2010
This paper investigates how families make decisions about the education of juveniles. The decision problem is analyzed in three variations: a 'decentralized' scheme, in which the parents control the purse-strings, but the children dispose of their time as they see fit; a 'hierarchical' scheme,...
Persistent link: https://www.econbiz.de/10003985749
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The impact of the menstrual cycle on bargaining behavior
Lozano, Lina; Riedl, Arno; Rott, Christina - 2024
We investigate experimentally how the menstrual cycle affects bargaining behavior and bargaining outcomes of women. Female participants negotiate in an unstructured bilateral bargaining game with asymmetric information about the allocation of a surplus ('pie size'). We find that the menstrual...
Persistent link: https://www.econbiz.de/10014464113
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Credence goods markets and the informational value of new media : a natural field experiment
Kerschbamer, Rudolf; Neururer, Daniel; Sutter, Matthias - 2019
Credence goods markets are characterized by pronounced informational asymmetries between consumers and expert sellers …
Persistent link: https://www.econbiz.de/10011985996
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How general are time preferences? : eliciting good-specific discount rates
Ubfal, Diego - 2012
choices over different goods, the paper elicits time preferences from approximately 2,400 subjects. The data reject the null … of equal discount rates across goods under a number of different modeling assumptions. These results have important … expenditures on those goods with higher discount rates is decreasing with income. -- time preferences ; self-control problems …
Persistent link: https://www.econbiz.de/10009575093