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relative contributions of involved agents are blurred; either by lack of information about the actual performance of … coarse performance information lead to bargaining asymmetries. In addition, we find that bargainers' subjective entitlements … are also influenced by performance information and the randomness inherent in the production process. These differences in …
Persistent link: https://www.econbiz.de/10013139800
relative contributions of involved agents are blurred; either by lack of information about the actual performance of … coarse performance information lead to bargaining asymmetries. In addition, we find that bargainers' subjective entitlements … are also influenced by performance information and the randomness inherent in the production process. These differences in …
Persistent link: https://www.econbiz.de/10013139946
Truthtelling is often viewed as focal in direct mechanisms. We introduce two new notions of robust implementation based on the premise that society may be composed of "primitive'' agents who, whenever confronted with a strategy profile, anchor to truthtelling and make a limited number of...
Persistent link: https://www.econbiz.de/10012951989
We examine whether the desire for more information is people's dominant motive for reading economic and political news … experimentally vary people's beliefs about the informativeness of news. Inconsistent with the desire for more information being the … information reduce their demand for news from this newspaper. Furthermore, treated respondents who think that a news outlet is …
Persistent link: https://www.econbiz.de/10012156434
(2010). My model allows for an analysis of the effects of firm learning on labor market efficiency in the presence of search … frictions. I find that firm learning increases relative expected earnings in high-ability jobs and, thereby, enhances imitation … priori. Numerical results show that firm learning does not increase labor market efficiency. …
Persistent link: https://www.econbiz.de/10012306402
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Most learning in the workplace occurs outside of formal learning environments—it happens informally, “in the field.” In … this review, we share what is known about how such informal field-based learning (IFBL) works, offer guidance on how to … promote healthy IFBL, and identify future research needs. We first situate IFBL within the broader stream of the learning …
Persistent link: https://www.econbiz.de/10014085735
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