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Observable and Unobservable Household Sharing Rules : Evidence from Young Couples' Pocket Money
Lee, Jungmin - 2004
The leading evidence against the unitary household models is that "who gets what" is significantly dependent upon "who earns how much." However, it is difficult to pin down the causal effect of relative earnings on intra-household resource allocation because households jointly decide both labor...
Persistent link: https://www.econbiz.de/10010262001
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Increasing income inequality: productivity, bargaining and skill-upgrading
Frederiksen, Anders; Poulsen, Odile - 2010
In recent decades most developed countries have experienced an increase in income inequality. In this paper, we use an equilibrium search framework to shed additional light on what is causing an income distribution to change. The major benefit of the model is that it can accommodate shocks to...
Persistent link: https://www.econbiz.de/10010269677
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Collective bargaining under non-binding contracts
Dobbelaere, Sabien; Luttens, Roland Iwan - 2011
We introduce collective bargaining in a static framework where the firm and its risk-neutral employees negotiate over … wage-employment contract and the equilibrium contract under binding risk-neutral efficient bargaining. We also demonstrate …
Persistent link: https://www.econbiz.de/10010278650
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Bargaining over labor: Do patients have any power?
Gans, Joshua S.; Leigh, Andrew - 2011
We provide a new method of identifying the level of relative bargaining power in bilateral negotiations using exogenous variation in the degree of conflict between parties. Using daily births data, we study negotiations over birth timing. In doing so, we exploit the fact that fewer children are...
Persistent link: https://www.econbiz.de/10010282203
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It's a boy! Women and non-monetary benefits from a son in India
Zimmermann, Laura - 2012
Son preference is widespread in a number of developing countries. Anecdotal evidence suggests that women may contribute to the persistence of this phenomenon because they derive substantial long-run non-monetary benefits from giving birth to a son in the form of an improvement in their...
Persistent link: https://www.econbiz.de/10010290023
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Performance pay and risk aversion
Grund, Christian; Sliwka, Dirk - 2006
A main prediction of agency theory is the well known risk-incentive trade-off. Incentive contracts should be found in … environments with little uncertainty and for agents with low degrees of risk aversion. There is an ongoing debate in the literature … use of a unique representative data set, we find clear evidence that risk aversion has a highly significant and …
Persistent link: https://www.econbiz.de/10010267296
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Theft and deterrence
Harbaugh, William T.; Mocan, Naci; Visser, Michael S. - 2011
We report results from economic experiments of decisions that are best described as petty larceny, with high school and college students who can anonymously steal real money from each other. Our design allows exogenous variation in the rewards of crime, and the penalty and probability of...
Persistent link: https://www.econbiz.de/10010278332
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Performance Pay and Risk Aversion
Grund, Christian; Sliwka, Dirk - Institute for the Study of Labor (IZA) - 2006
A main prediction of agency theory is the well known risk-incentive trade-off. Incentive contracts should be found in … environments with little uncertainty and for agents with low degrees of risk aversion. There is an ongoing debate in the literature … use of a unique representative data set, we find clear evidence that risk aversion has a highly significant and …
Persistent link: https://www.econbiz.de/10005822413
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Theft and Deterrence
Harbaugh, William T.; Mocan, Naci; Visser, Michael S. - Institute for the Study of Labor (IZA) - 2011
We report results from economic experiments of decisions that are best described as petty larceny, with high school and college students who can anonymously steal real money from each other. Our design allows exogenous variation in the rewards of crime, and the penalty and probability of...
Persistent link: https://www.econbiz.de/10009144854
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Risk, delegation, and project scope
Roider, Andreas - 2007
exogenous risk and delegation. That is, we show that only if exogenous risk is sufficiently large, the risk-neutral principal … may prefer to delegate authority over decisions to the risk-averse agent. Intuitively, for incentive reasons, the … principal may optimally want to allow the agent to reduce his risk exposure. Nevertheless, even endogenous risk may be higher …
Persistent link: https://www.econbiz.de/10010268503