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One of the most prominent features of remuneration in the Hawaii’s longline fisheries industry has been the norm of share contract regimes. This paper investigates whether the use of share contract regime is positively correlated to increased economic returns. The principal-agent framework is...
Persistent link: https://www.econbiz.de/10005837145
In their seminal contribution Lazear and Rosen (1981) show that wages based upon rank induce the same e¢ cient e¤ort as incentive-based reward schemes. They also show that this equivalence result is not robust towards heterogeneity in worker ability, as long as ability is private information,...
Persistent link: https://www.econbiz.de/10005787139
bidders using a combination of theory and experiments. The resale market is modeled as an unstructured bargaining game between …
Persistent link: https://www.econbiz.de/10011272701
This paper provides a bargaining model of conflict in which the government offers a transfer to an opposition group to …
Persistent link: https://www.econbiz.de/10011253054
offers bargaining and repeated games. Generally, the negotiation game in general admits a large number of equilibriums but … some of which involve delay and inefficiency. Thus, complexity and bargaining in tandem may offer an explanation for …
Persistent link: https://www.econbiz.de/10011258583
The objective of this paper is to investigate the bargaining over debt rescheduling between a sovereign borrower and a … bargaining power of the creditor and the debtor can be analyzed in the situation of debt overhang. The concept of Nash bargaining … indispensible in the process of bargaining over debt rescheduling. However, the actual size of the forgiveness varies with the …
Persistent link: https://www.econbiz.de/10011259306
The application of Nash bargaining solution to profit division in negotiation between opencast lignite mine and power …
Persistent link: https://www.econbiz.de/10005260247
relationships depended on the bargaining outcomes. Depth interviews were employed in order to explore the success, the failure, and … the consequent actions in dyadic bargaining under the condition of one buyer and one seller. Ten international respondents … this kind of product. During the interviews, author found that confident interviewees shared their successful bargaining …
Persistent link: https://www.econbiz.de/10009322629
The aim of this paper is to construct and apply a model for the allocation of water between two competing users, namely irrigation and hydropower. The model is applied in a case study of a specific water system located in North Eastern Spain. Starting with an irrigation-hydropower joint income...
Persistent link: https://www.econbiz.de/10009493281
conducted to distinguish between a principal-agent incentive mechanism and political bargaining. The findings are consistent … facing the local government. The comparison between incentive mechanism and bargaining sheds light on an important question …
Persistent link: https://www.econbiz.de/10005835975