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What happens if A wants to buy a good or service from B, but not all relevant characteristics can be fixed in a contract? This book gives a non-technical overview of various models dealing with this situation. Particular emphasis is put on the problem that the service includes various tasks and...
Persistent link: https://www.econbiz.de/10001880273
What happens if A wants to buy a good or service from B, but not all relevant characteristics can be fixed in a contract? This book gives a non-technical overview of various models dealing with this situation. Particular emphasis is put on the problem that the service includes various tasks and...
Persistent link: https://www.econbiz.de/10013519359
Persistent link: https://www.econbiz.de/10001638717
Persistent link: https://www.econbiz.de/10001468364
Persistent link: https://www.econbiz.de/10001236715
Persistent link: https://www.econbiz.de/10001565081
This paper offers and tests a theory of training whereby workers do not pay for general training they receive. The … other firms. This informational advantage gives the employer an ex post monopsony power over the worker which encourages the … high, and as a result employers have limited monopsony power and are willing to supply only little training, while in …
Persistent link: https://www.econbiz.de/10012473240
This paper offers and tests a theory of training whereby workers do not pay for general training they receive. The … other firms. This informational advantage gives the employer an ex post monopsony power over the worker which encourages the … high, and as a result employers have limited monopsony power and are willing to supply only little training, while in …
Persistent link: https://www.econbiz.de/10013231422
Persistent link: https://www.econbiz.de/10014378823
This paper presents structural estimates for a bargaining model which nests the right-to-manage, the efficient wage bargaining, the seniority and the standard neoclassical labor demand model as special cases. In contrast to most existing models, our approach accounts for heterogeneous skill...
Persistent link: https://www.econbiz.de/10011544363