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We conduct an incentivized lab experiment to test participants' ability to understand the DA matching mechanism and the strategyproofness property, conveyed in different ways. We find that while many participants can (using a novel GUI) learn DA's mechanics and calculate its outcomes, such...
Persistent link: https://www.econbiz.de/10015094862
Despite extensive use of bargaining models in economics and despite Becker's insistence on the importance of altruism … in families, the theoretical literature on bargaining ignores altruism and assumes that everyone is an egoist. This paper … shows that incorporating altruism into cooperative bargaining models shrinks the set potential cooperative bargaining …
Persistent link: https://www.econbiz.de/10013388855
We study the volunteer's dilemma in environments with heterogeneous preferences and private information. We characterize the efficiency properties of equilibrium, which is a departure from all the previous literature that focuses only on the probability of group success. While the probability of...
Persistent link: https://www.econbiz.de/10015072940
equilibrium prices, network formation, and hospital exit. We estimate a structural model of insurer-hospital bargaining that …
Persistent link: https://www.econbiz.de/10015398167
Positive assortative matching refers to the tendency of individuals with similar characteristics to form partnerships. Measuring the extent to which assortative matching differs between two economies is challenging when the marginal distributions of the characteristic along which sorting takes...
Persistent link: https://www.econbiz.de/10015194999
How does the presence of risk sharing affect sorting patterns on productive attributes when there are complementarities among partners' skills in match output? We develop a matching model in which risk-averse agents, who differ in skills, match pairwise for productive purposes. Match output has...
Persistent link: https://www.econbiz.de/10014468251
and strikes are substantially influenced by labor policy. In particular, we find that prohibiting the use of replacement … workers during strikes is associated with significantly higher wages, and more frequent and longer strikes. This is consistent … with private information theories of bargaining. We estimate the welfare consequences of a ban on replacement workers, as …
Persistent link: https://www.econbiz.de/10012473781
-strike bargaining settlements in the 1880s fell into one of two categories: either a union "victory", characterized by a significant … declining probability of a union victory among longer strikes. For the subset of strikes over wage increases we estimate a … conditional on a union victory. This framework provides a simple index of employees' relative bargaining power. based on the …
Persistent link: https://www.econbiz.de/10012474904
study finds that recognition strikes are concentrated where bargaining laws provide little or no protection of bargaining … rights for municipal police. However, these strikes do not increase the unionization propensities of these police departments …
Persistent link: https://www.econbiz.de/10012477269
We propose a new sorting framework: composite sorting. Composite sorting comprises of (1) distinct worker types assigned to the same occupation, and (2) a given worker type simultaneously being part of both positive and negative sorting. Composite sorting arises when fixed investments mitigate...
Persistent link: https://www.econbiz.de/10014372413