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exercise the ‘voice’ rather than the ‘exit’ option in their current job. …
Persistent link: https://www.econbiz.de/10005025726
of politicization, we find that voice coupled with collective bargaining increases efficiency provided fragmentation is … they already have voice or not. …
Persistent link: https://www.econbiz.de/10008533701
Building on attempts during the 1980s to establish principles of Open Network Architecture (ONA), unbundling obligations became a cornerstone of the framework for local competition devised by the Telecommunications Act of 1996. Several of the regulations developed by the Federal Communications...
Persistent link: https://www.econbiz.de/10005622001
Pay What You Want (PWYW) pricing has received considerable attention recently. Empirical studies show that when PWYW pricing is implemented buyers do not behave selfishly in a number of cases and that some sellers are able to use PWYW to increase turnover as well as profits. In this paper we...
Persistent link: https://www.econbiz.de/10011258973
left to parties’ fairness. According to the previous literature we find that (1) the choice between the two contract … settings in equilibrium depends on fairness and enforcement costs, and (2) whenever a non-enforceable contract is chosen in … should intervene only in the last case, even in the presence of high levels of fairness. Our results are robust and hold in a …
Persistent link: https://www.econbiz.de/10011259032
be generous, what is the motive, i.e., either they fear rejection or do they have a preference for fairness, and (iii) Is …, would show a greater concern for fairness rather than fear of rejection. As is evident, the results of this study prove …
Persistent link: https://www.econbiz.de/10011259998
We replace the axiom of fairness used in the characterization of the Myerson value (Myerson, 1977) by fairness for … neighbors in order to characterize the component-wise egalitarian solution. When a link is broken, fairness states the two … players incident to the link should be affected similarly while fairness for neighbors states that a player incident to the …
Persistent link: https://www.econbiz.de/10009650036
roused ethical issues. Those issues concern fairness, justice, rightness or wrongness; as a result it can only be resolved …
Persistent link: https://www.econbiz.de/10008728078
altruism and fairness; how revulsion differs from squeamishness; how malevolence differs from selfishness; and how racial …
Persistent link: https://www.econbiz.de/10005835773
Why has capitalism prevailed as an institution in promoting economic growth despite its apparent unfairness? In this paper, we argue that within a neoclassical framework, capitalism is fairer compared to collectivism due to the absence of a rationally acceptable collective solution. This is...
Persistent link: https://www.econbiz.de/10005836115