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Beitrag zum Wandel der Arbeitsbeziehungen in Deutschland. Gezeigt wird, wie sich das ursprünglich US-amerikanische Phänomen … Arbeitsbeziehungen wandelte. Das Buch beschreibt die Entstehung und Erscheinungsformen betrieblicher Pakte in deutschen … Betriebsräte entstehen. Obwohl die Bündnisse den Trend zur Dezentralisierung im System der Arbeitsbeziehungen verstärken, haben sie …
Persistent link: https://www.econbiz.de/10010311570
Syndication, which is a joint realization of one project/one investment by several capital providers, is a long existing phenomenon that plays a central role in many financial market segments. Within this paper we develop a theoretical model focusing on the dynamic aspect of syndication, namely...
Persistent link: https://www.econbiz.de/10010297486
this task. We show, that those announced beliefs lead to a self fulfilling prophecy as the reputation of the responsible …
Persistent link: https://www.econbiz.de/10010262163
We interpret the psychology literature on social identity and examine its implications in a population partially composed of such agents. We model a population of agents from two exogenous and well defined social groups. Agents are randomly matched to play a reduced form bargaining game. We show...
Persistent link: https://www.econbiz.de/10010266354
This paper discusses the literature on the enforcement of incomplete contracts. It compares legal enforcement to enforcement via relationships and reputations. A number of mechanisms, such as the repeat purchase mechanism (Klein and Leffler (1981)) and efficiency wages (Shapiro and Stiglitz...
Persistent link: https://www.econbiz.de/10010267674
price rigidity. Reputation powerfully amplifies the positive effects of social preferences on contract enforcement by … interactions, suggesting that it may aggravate price rigidities. Surprisingly, reputation in fact weakens the wage and price …
Persistent link: https://www.econbiz.de/10010268857
To innovate, employees need to develop novel ideas and coordinate with each other to turn these ideas into better products and services. Work outcomes provide signals about employees' abilities to the labor market, and therefore career concerns arise. These can both be 'good' (enhancing...
Persistent link: https://www.econbiz.de/10010271239
An essential ingredient in models of career concerns is ex ante uncertainty about an agent's type. This paper shows how career concerns can arise even in the absence of any such ex ante uncertainty, if the unobservable actions that an agent takes influence his future productivity. By...
Persistent link: https://www.econbiz.de/10010276186
Persistent link: https://www.econbiz.de/10011696465
coordination with monetary policy. According to the simulations, employment in Germany would increase by about 750,000 persons in … example: If the social partners in a large country such as Germany give a credible signal that wage increases will be moderate …
Persistent link: https://www.econbiz.de/10010295183