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We experimentally test the efficacy of indenture as a self-enforced contract device. In an indenture game, the … games increases over time. -- Cooperation ; experiment ; contracts ; indenture ; reciprocity …
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We provide evidence on how two important types of institutions -- dismissal barriers, and bonus pay -- affect contract … negative incentive and efficiency effects of dismissal barriers. Nevertheless, contract enforcement behavior remains … market outcomes are the result of a complex interplay between contract enforcement policies and the institutions in which …
Persistent link: https://www.econbiz.de/10012759359
value of the employer reputation system for workers, employers, and the market. Specifically, in an experiment that varies … reputation serves as a collateral against opportunism in the absence of contract enforcement …
Persistent link: https://www.econbiz.de/10012972193
We provide evidence on how two important types of institutions -- dismissal barriers, and bonus pay -- affect contract … negative incentive and efficiency effects of dismissal barriers. Nevertheless, contract enforcement behavior remains … market outcomes are the result of a complex interplay between contract enforcement policies and the institutions in which …
Persistent link: https://www.econbiz.de/10012464688
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We experimentally test the efficacy of indenture as a self-enforced contract device. In an indenture game, the …
Persistent link: https://www.econbiz.de/10014206562
gradually entail better working conditions in order to address labour market segmentations. In the experiment, labour market …
Persistent link: https://www.econbiz.de/10013111130