Um gesellschaftlichen Wandel und neue Regulierungsformen von Arbeit adäquat zu beschreiben, ist es notwendig, der Frage nachzugehen, wie sich Regulierung von Arbeit konstituiert, in welchen Formen sie vorfindbar ist und welchen Dynamiken sie ausgesetzt ist. In diesem Arbeitspapier wird eine...

Scientific information is elementary for human development processes. The creation and control of information may be an important determinant of development, and besides creating a competitive advantage, also result in increasing disparities in economic and social development. Challenges in the...

We consider an economy in which firms need to invest in capital before they can advertise a job, while applicants may have to compete for jobs. Our aim is to investigate how this competition affects the investment decisions of firms. Our first result shows that the economy always generates the...

The present paper aims to contribute to the literature on the foundations of incomplete contracts by providing conditions under which simple delegation of authority is the solution to the complete-contracting problem of the parties. We consider a hold-up framework where both parties profit from...

This paper adds to the current literature on incomplete contracting that argues that deviating from a complete information, transaction-cost free environment may be may generate valuable insights. We achieve this by assuming bargaining with asymmetric information. We consider the consequences of...