Showing 1 - 10 of 593
Work absence is an important part of the individual decision on actual working hours. This paper focuses on sickness absence in Europe and develops a stylized model where absence is part of the labor-leisure decision made by workers and the production decision made by profit-maximizing firms,...
Persistent link: https://www.econbiz.de/10005826222
In order to address the impact of regulation on ethical concerns of consumers, we study the effect of a minimum wage. In our experimental market, consumers have monopsony power, firms engage in Bertrand competition, and workers are passive recipients of a wage payment. Two treatments are...
Persistent link: https://www.econbiz.de/10005652731
sanctions insured unemployed whose effort is deemed insufficient. The model reveals that such schemes provide incentives to the …
Persistent link: https://www.econbiz.de/10009386039
sanctions insured unemployed whose effort is deemed insufficient. The model reveals that such schemes provide incentives to the …
Persistent link: https://www.econbiz.de/10009386635
sanctions insured unemployed whose effort is deemed insuffcient. The model reveals that such schemes provide incentives to the …
Persistent link: https://www.econbiz.de/10009392929
sanctions insured unemployed whose effort is deemed insufficient. The model reveals that such schemes provide incentives to the …
Persistent link: https://www.econbiz.de/10009493511
Sanctions induce political instability. We present a model where sanctioned regimes may decide to repudiate their … sovereign defaults reduce sanctions' destabilizing impact. When the scope for internal financial transfers is particularly … evidence of sizeable anticipation effects which contradict the enforcement theory: high chances of receiving sanctions in the …
Persistent link: https://www.econbiz.de/10009645216
group's overall welfare (James S. Coleman, 1990). Norms require enforcement with a system of sanctions that penalize … deviations from acceptable behavior (George C. Homans, 1961). Formal sanctions include fines or restrictions implemented by a … legal system or private individuals that impose costs of money and time on the offender. However, informal sanctions such as …
Persistent link: https://www.econbiz.de/10009647584
, sanctions, side payments, self-enforcing contracts, waivers and regional integrations within a multilateral order. In addition …
Persistent link: https://www.econbiz.de/10005755258
Centralized sanctioning institutions are of utmost importance for overcoming free-riding tendencies and enforcing outcomes that maximize group welfare in social dilemma situations. However, little is known about how such institutions come into existence. In this paper we investigate, both...
Persistent link: https://www.econbiz.de/10004992488