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A smart contract can be defined as a computer program, stored on a blockchain, which allows a transaction or an agreement-defined ex-ante-to be self-executed when some conditions are met, and without the need for a central authority to enforce it. Even if this new technology is very promising,...
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The purpose of our paper is to generalize the model by Arnott et al. (1990a) to situations with a single origin and destination connected by two routes and to test the analytical results in an experiment with discrete time departure choices. The experimental evidence does not support the...
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The Employment Protection Legislation (EPL) has been at the heart of many analyses with regard to its macroeconomic impact on the labor market outcomes. However, some more recent literature studies the effects of the EPL, specially concerning the individual dismissal, on the behavior of economic...
Persistent link: https://www.econbiz.de/10012777575
The purpose of our paper is to generalize the model by Arnott et al. (1990) to situations with a single origin and destination connected by two routes and to test the analytical results in an experiment with discrete time departure choices. The experimental evidence does not support the...
Persistent link: https://www.econbiz.de/10012780499