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It is well known that profit sharing arrangements Pareto-dominate fixed wage contracts. Share agreements are (far) less than ubiquitous, however. This paper offers a solution of this "fixed wage puzzle“ by adopting a perspective of bounded rationality. We show that share arrangements that...
Persistent link: https://www.econbiz.de/10008478937
It is well known that profit sharing arrangements Pareto-dominate fixed wage contracts. Share agreements are (far) less than ubiquitous, however. This paper offers a solution of this ”fixed wage puzzle“ by adopting a perspective of bounded rationality. We show that share arrangements that...
Persistent link: https://www.econbiz.de/10008455809
Sharing is a phenomenon as old as humankind, while collaborative consumption and the “sharing economy” are phenomena born of the Internet age. This paper compares sharing and collaborative consumption and finds that both are growing in popularity today. Examples are given and an assessment...
Persistent link: https://www.econbiz.de/10011050020
The text addresses some of the definitions and origins of the term "Internet Balkanization." Drawing upon U.S. constitutional law and interstate commerce regulations, it argues that the term also carries strong connotations on the realms of jurisdiction and commerce. The text adds examples of...
Persistent link: https://www.econbiz.de/10011161152
on four different industries with two companies each: accommodation renting (Airbnb vs. Couchsurfing), car sharing …
Persistent link: https://www.econbiz.de/10011165800
The concepts of ‘sharing’ Economy and Collaborative Consumption are gaining popularity in the business world because of internet based products and services. The widespread use and virtue of one of the extensions of collaborative consumption is collaborative education, which is...
Persistent link: https://www.econbiz.de/10011205956
Honduran farmers are at a disadvantage when dealing with intermediaries because they lack timely information about market prices. This paper first analyzes which information and communications technology (ICT) would be most suitable for sending price information to producers scattered throughout...
Persistent link: https://www.econbiz.de/10010943761
Multiple mobile phone (M²P) usage has become an increasing practice in Nigeria but little is known about the factors propelling it or related communication processes. An examination of its operations reveals interaction with economic and social factors for reduction in call costs and management...
Persistent link: https://www.econbiz.de/10011015197
With the increasing prevalence of mobile technology and high-profile crashes bringing attention to distracted driving, data on cell phone involvement in collisions is critical for understanding the extent of the problem, examining the effectiveness of policies, and developing interventions to...
Persistent link: https://www.econbiz.de/10011245934
This paper examines the potential effect of cell phones on motor vehicle fatality rates normalized for other driving related and socioeconomic factors. The model used is nonlinear so as to address both life-taking and life-saving attributes of cell phones. The models are evaluated using...
Persistent link: https://www.econbiz.de/10005292746