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this settlement negotiation. We study the characteristics of equilibrium contracts in settings where this leverage effect … most two contracts, which under-insure low-risk types and may inefficiently induce high-risk types to litigate. In a …
Persistent link: https://www.econbiz.de/10012851017
Should principals explain and justify their evaluations? Suppose the principal's evaluation is private information, but …
Persistent link: https://www.econbiz.de/10010361447
In two experiments, we examine the effects of employer reputation in an online labor market (Amazon Mechanical Turk) in which employers may decline to pay workers while keeping their work product. First, in an audit study of employers by a blinded worker, we find that working only for good...
Persistent link: https://www.econbiz.de/10011387537
In three experiments, we examine how an employer reputation system disciplines an online labor market (Amazon Mechanical Turk) in which employers may decline to pay workers while keeping their work product. These three experiments test the value of the employer reputation system for workers,...
Persistent link: https://www.econbiz.de/10012972193
In the midst of globalization and liberalization fever, the people are grooming with wide-range of information even … contracts. This paper is concern only with minor in contract . A person who has not attained the age of majority is a minor …
Persistent link: https://www.econbiz.de/10013221370
) if this does not affect their payoffs. -- contracts ; subjective performance evaluations ; reciprocity …
Persistent link: https://www.econbiz.de/10009742627
the agent. As information about quality accumulates, incentives become easier to provide because the agent has less room … incentives via short-term contracts become harder to provide as the agent's quality is revealed over time. …
Persistent link: https://www.econbiz.de/10011674079
contracts that are typically observed in practice such as salaries, lump-sum bonuses, and high-performance commissions. …
Persistent link: https://www.econbiz.de/10013460007
Persistent link: https://www.econbiz.de/10009724356
We ask if corporate executives have fixed effects (quirks) that explain perational decisions made in firms, independent of firm effects. We replicate the approach in Bertrand et al. (2003), solving the empirical challenge of distinguishing firm and executive effects by constructing a dataset of...
Persistent link: https://www.econbiz.de/10014027516