Showing 1 - 10 of 12,666
In this paper we challenge the conventional view that strikes are caused by asymmetric information regarding firm … profitability such that union members are uninformed. Instead, we build an expressive model of strikes where the perception of … offers and the incidence of strikes. Furthermore, while asymmetric information is still important in causing strikes, we find …
Persistent link: https://www.econbiz.de/10010553017
In this paper we challenge the conventional view that strikes are caused by asymmetric information regarding firm … profitability such that union members are uninformed. Instead, we build an expressive model of strikes where the perception of … wage offers and the incidence of strikes. Furthermore, while asymmetric information is still important in causing strikes …
Persistent link: https://www.econbiz.de/10010568548
The conventional explanation for strikes is that they are caused by an asymmetry of information about the profitability … of the firm — union members are uninformed whereas management are informed. Instead, this paper builds a model of strikes … increases both wage offers and the incidence of strikes. An empirical test using UK data provides support for the predictions …
Persistent link: https://www.econbiz.de/10011056270
Abstract German (English abstract is added below) Arbeitslosigkeit gilt als eines der schwerwiegendsten gesellschaftlichen Probleme unserer Zeit. Doch welche Gründe liegen, trotz der über die Jahre eingeleiteten Maßnahmen zur Bekämpfung der Arbeitslosigkeit, für die anhaltende...
Persistent link: https://www.econbiz.de/10008622251
Group-based identity undermines democracy by impeding democratic change of government. A substantial literature has therefore studied how to make democracy consistent with group identity. We contribute to this literature by introducing the role of group decisiveness into voting incentives and...
Persistent link: https://www.econbiz.de/10011212080
Theories of voter turnout assume that an active voter receives a warm glow from doing a good deed to like-minded compatriots. What tells him that he is doing them a good deed by voting for this or that candidate or policy? Their own votes are naturally available feedback. We propose a dynamic...
Persistent link: https://www.econbiz.de/10009132771
Using unique survey data from the German Socio-Economic Panel, this study examines the influence of reciprocal inclinations on workers' sorting into codetermined firms. Employees with strong negative reciprocal inclinations are more likely to work in firms with a works council while employees...
Persistent link: https://www.econbiz.de/10010720369
Among the most important and robust violations of rationality are the attraction and the compromise effects. The compromise effect refers to the tendency of individuals to choose an intermediate option in a choice set, while the attraction effect refers to the tendency to choose an option that...
Persistent link: https://www.econbiz.de/10008800997
We examine how group-specific differences in reservation wage, arising due to asymmetries in social entitlements, impact on distribution via the joint determination of class conflict between workers and employers, and ‘ethnic’ conflict among workers. We model a two-dimensional contest, where...
Persistent link: https://www.econbiz.de/10005233836
In the public sector, employment may be inefficiently high because of patronage, and wages may be inefficiently high because of public employee interest groups. This paper explores whether the initiative process, a direct democracy institution of growing importance, ameliorates these political...
Persistent link: https://www.econbiz.de/10008596325