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Efficiency gains from team-based coordination: large-scale experimental evidence

Feri, Francesco; Irlenbusch, Bernd; Sutter, Matthias - 2008

coordinate with other teams. We present an experiment with 825 participants, using six different coordination games, where either …

Persistent link: https://www.econbiz.de/10010268555

An Experimental Study of the POUM Hypothesis

Checchi, Daniele; Filippin, Antonio - 2003

period and individuals are not too risk averse. This paper tests the POUM hypothesis by means of a within subjects experiment … inequality aversion are (partially) controlled for via either the experiment design or the information collected during the … experiment. We find that the POUM hypothesis holds under alternative specifications, even when we control for individual fixed …

Persistent link: https://www.econbiz.de/10010261622

Learning of General Equilibrium Effects and the Unemployment Trap

Gersbach, Hans; Schniewind, Achim - 2001

We examine wage bargaining when employers and labor unions do not always take all general equilibrium effects into account but learn a steady state. If agents do hardly consider general equilibrium effects, low real wages and low unemployment results. With an intermediate view, when partial...

Persistent link: https://www.econbiz.de/10010262458

The rate of learning-by-doing: estimates from a search-matching model

Prat, Julien - 2007

We construct and estimate by maximum likelihood an equilibrium search model where wages are set by Nash bargaining and idiosyncratic productivity follows a geometric Brownian motion. The proposed framework enables us to endogenize job destruction and to estimate the rate of learning-by-doing....

Persistent link: https://www.econbiz.de/10010268410

Efficient tax policy ranks education higher than saving

Richter, Wolfram F. - 2008

Assuming a two-period model with endogenous choices of labour, education, and saving, it is shown to be second-best efficient not to distort the choice of education. In general this implies distorting the saving decision. Hence a strict order of policy priority is derived. Efficient tax policy...

Persistent link: https://www.econbiz.de/10010268642

Job market signaling and employer learning

Alós-Ferrer, Carlos; Prat, Julien - 2008

This paper extends the job market signaling model of Spence (1973) by allowing firms to learn the ability of their employees over time. Contrary to the model without employer learning, we find that the Intuitive Criterion does not always select a unique separating equilibrium. When the Intuitive...

Persistent link: https://www.econbiz.de/10010268897

Don't give up on me baby: spousal correlation in smoking behaviour

Clark, Andrew E.; Etilé, Fabrice - 2005

We use nine waves of BHPS data to examine interactions between spouses in terms of a behaviour with important health repercussions: cigarette smoking. Correlation between partners' behaviours may be due to correlated effects, as a consequence of matching or information revealed by others'...

Persistent link: https://www.econbiz.de/10010272016

Multi-task learning and the reorganization of work: From Tayloristic to holistic organization

Lindbeck, Assar; Snower, Dennis J. - 1999

The paper analyzes the contemporary organizational restructuring of production and work within firms. We emphasize the shift from a "Tayloristic" organization of work (characterized by significant specialization by tasks) to a "holistic" organization (featuring job rotation, integration of tasks...

Persistent link: https://www.econbiz.de/10010273105

Exploring the causes of frictional wage dispersion

Tjaden, Volker; Wellschmied, Felix - 2012

Standard search models are unreliable for structural inference of the underlying sources of wage inequality because they are inconsistent with observed residual wage dispersion. We address this issue by modeling skill development and duration dependence in unemployment benefits in a random on...

Persistent link: https://www.econbiz.de/10010282170

Deferred Compensation and Gift Exchange : An Experimental Investigation into Multi-Period Labor Markets

Wallace, Brian; Seltzer, Andrew J.; Huck, Steffen - 2004

-period experiment. In equilibrium, firms will offer deferred compensation: first period productivity is positive and wages are zero …, while third period productivity is zero and wages are positive. The experiment produces strong evidence that deferred …

Persistent link: https://www.econbiz.de/10010261943

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