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Previous experimental work provides encouraging support for some of the central assumptions underlying Hart and Moore (2008)'s theory of contractual reference points. However, existing studies ignore realistic aspects of trading relationships such as informal agreements and ex post...
Persistent link: https://www.econbiz.de/10013118520
We propose a model to evaluate the U.K.'s zero-hours contract (ZHC) a contract that exempts employers from the …
Persistent link: https://www.econbiz.de/10014083937
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 between Legal Persons, limits the review to that part of …
Persistent link: https://www.econbiz.de/10013135191
Job displacement insurance typically includes both unemployment benefits and lump-sum severance pay, and each has provoked policy concerns. Unemployment insurance concerns have centered on distorted job search/offer acceptance decisions by the worker, severance-induced firing cost concerns on...
Persistent link: https://www.econbiz.de/10013067317
We develop a new approach to quantify how patients respond to dynamic incentives in health insurance contracts with a deductible. Our approach exploits two sources of variation in a differences-in-regression-discontinuities design: deductible contracts reset at the beginning of the year, and...
Persistent link: https://www.econbiz.de/10012837905
We present a wage-hours contract designed to minimize costly job turnover given investments in on the job training …
Persistent link: https://www.econbiz.de/10013076817
entrepreneurship entry and exit intentions during the pandemic. To that end, we analyze primary survey data we collected in the … remote work also matter for entrepreneurial intentions. Our findings enhance the understanding of entrepreneurship formation … and closure in a time of adversity and suggest that implementing entrepreneurship training and upskilling policies during …
Persistent link: https://www.econbiz.de/10014077580
with entrepreneurs' and firms' digital advancements. The business apps training was offered to migrant entrepreneurs … revealed that business apps training was positively associated with entrepreneurs' attitudes toward technology, willingness to …, the business apps training was positively associated with migrant entrepreneurs' integration into Greek society. Given the …
Persistent link: https://www.econbiz.de/10014083752
I develop a dynamic model of forward-looking entrepreneurs, who decide whether to operate in the formal economy or …
Persistent link: https://www.econbiz.de/10012979858
entrepreneurs in the rationing behavior of the microfinance companies. This is what we should expect if the policy is effective. Our … worthiness variables, there is positive discrimination that favors female and young entrepreneurs as this discrimination is …
Persistent link: https://www.econbiz.de/10012979861