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This paper surveys the contributions of laboratory experiments to labor economics. We begin with a discussion of … methodological issues: why (and when) is a lab experiment the best approach; how do laboratory experiments compare to field … experiments; and what are the main design issues? We then summarize the substantive contributions of laboratory experiments to our …
Persistent link: https://www.econbiz.de/10003964355
This chapter surveys the contributions of laboratory experiments to labor economics. We begin with a discussion of … methodological issues: when (and why) is a lab experiment the best approach; how do laboratory experiments compare to field … experiments; and what are the main design issues? We then summarize the substantive contributions of laboratory experiments to our …
Persistent link: https://www.econbiz.de/10014025130
This paper surveys the contributions of laboratory experiments to labor economics. We begin with a discussion of … methodological issues: why (and when) is a lab experiment the best approach; how do laboratory experiments compare to field … experiments; and what are the main design issues? We then summarize the substantive contributions of laboratory experiments to our …
Persistent link: https://www.econbiz.de/10013141776
Persistent link: https://www.econbiz.de/10011815214
In many kinds of bilateral negotiations the resolution of the issues at stake has an impact which extends beyond the remits of the parties directly involved (e.g. labour negotiations in sectors of public interest, where a strike would impact on the public at large). Once this is recognised,...
Persistent link: https://www.econbiz.de/10011405864
. Second, we model the interaction between hospitals and insurers in the context of a generalized bargaining model similar to … (negative) impact on the hospital price–cost margin. In the bargaining model, we find a significant negative effect of insurer …
Persistent link: https://www.econbiz.de/10012944264
' bargaining power converges. Our findings imply that raising the bargaining power of the less powerful party may increase welfare …
Persistent link: https://www.econbiz.de/10013054063
bargaining” — a mode of reasoning that joins elements of individualistic and collaborative reasoning — and apply it to five games … representing broad classes of (one-shot and dynamic) interactions. The virtual bargaining account offers a unified framework to …
Persistent link: https://www.econbiz.de/10012920648
This article surveys the theoretical literature on legislative bargaining with endogenous status-quo. These are the … legislative bargaining situations in which in each period a new policy is decided and the policy implemented in the event of no … agreement is endogenously determined by the outcome of bargaining in the previous period. After describing a general framework …
Persistent link: https://www.econbiz.de/10012240997
Pattern bargaining is a negotiating strategy that is often employed by industry-wide unions in oligopolistic industries … to set wages. The conventional wisdom is that pattern bargaining "takes labor out of competition" and therefore softens … bargaining between the union and firms, resulting in higher industry wide wages. However, this does not explain why firms agree …
Persistent link: https://www.econbiz.de/10014225233