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Rostek, Marzena J. - 2020

In this paper, we show that stable outcomes exist in matching environments with complementarities, such as social media platforms or markets for patent licenses. Our results apply to both nontransferable and transferable utility settings, and allow for multilateral agreements and those with...

Persistent link: https://www.econbiz.de/10012851566

Matching with Multilateral Contracts

Rostek, Marzena J. - 2019

In many matching environments, agreements are multilateral and/or have externalities. We show that stability in these environments depends on agents' aggregate choice behavior. Two different conditions on aggregate choice ensure a stable outcome exists. One applies when contracts are...

Persistent link: https://www.econbiz.de/10012901602

Zero-Hours Contracts in a Frictional Labor Market

Dolado, Juan J.; Lalé, Etienne; Turon, Hélène - 2022

We propose a model to evaluate the U.K.'s zero-hours contract (ZHC) a contract that exempts employers from the …

Persistent link: https://www.econbiz.de/10014083937

Zero-hours Contracts in a Frictional Labor Market

SSRN au/at CIRANO, Admin; Dolado, Juan J.; Lalé, Etienne; … - 2022

We propose a model to evaluate the U.K.’s zero-hours contract (ZHC) – a contract that exemptsemployers from the … reactions to this contract …

Persistent link: https://www.econbiz.de/10013306250

Zero-hours Contracts in a Frictional Labor Market

Dolado, Juan J.; Lalé, Etienne; Turon, Hélène - 2022

We propose a model to evaluate the U.K.’s zero-hours contract (ZHC) – a contract that exempts employers from the … reactions to this contract …

Persistent link: https://www.econbiz.de/10013310463

The Illiberty of Contract

Smythe, Donald J. - 2016

The term “liberty of contract” is usually associated with the doctrine that the due process clause of the United States … free-market advocates embrace the liberty of contract doctrine because they are averse to State interference with private … market transactions. But the term is ironic because a contract is only legally binding if courts will enforce it. Since …

Persistent link: https://www.econbiz.de/10012982495

Contracting as a Class

Griffin, Caleb N. - 2023

Contract law is stuck in a loop of path dependency and stale precedent. Its metaphors, like “the meeting of the minds … deal with the scale and complexity of the digital era, its focus has been on putting parties on notice of contract terms …

Persistent link: https://www.econbiz.de/10014344445

Should you allow your agent to become your competitor? : on non-compete agreements in employment contracts

Kräkel, Matthias; Sliwka, Dirk - 2006

employment contract. We show that not imposing such an agreement can be beneficial for the principal as the possibility to leave …

Persistent link: https://www.econbiz.de/10010371071

Relational contracts and trust in a high-tech industry

Calzolari, Giacomo; Felli, Leonardo; Koenen, Johannes; … - 2021

We study how informal buyer-supplier relationships in the German automotive industry affect procurement. Using unique data from a survey focusing on these, we show that more trust, the belief that the trading partner acts to maintain the mutual relationship, is associated with both higher...

Persistent link: https://www.econbiz.de/10012649766

Monotonicity and Nash implementation in matching markets with contracts

Haake, Claus-Jochen (contributor); … - 2005

We consider general two-sided matching markets, so-called matching with contracts markets as introduced by Hatfield and Milgrom (2005), and analyze (Maskin) monotonic and Nash implementable solutions. We show that for matching with contracts markets the stable correspondence is monotonic and...

Persistent link: https://www.econbiz.de/10003731666