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, to incomplete contracts, where, ex-ante, a player can integrate with a partner in order to acquire a bargaining advantage …
Persistent link: https://www.econbiz.de/10005583484
In two experiments, we examine the effects of employer reputation in an online labor market (Amazon Mechanical Turk) in which employers may decline to pay workers while keeping their work product. First, in an audit study of employers by a blinded worker, we find that working only for good...
Persistent link: https://www.econbiz.de/10011401783
In this paper we consider the interaction between local workers and migrants in the production process of a firm. Both local workers and migrants can invest effort in assimilation activities in order to increase the assimilation of the migrants into the firm and so by increase their interaction...
Persistent link: https://www.econbiz.de/10010336063
are on electricity-included property lease contracts causing them to face a marginal electricity price of zero. We use … exogenous variation in weather shocks to show that the largest firms on tenant-paid contracts use up to 14 percent less …
Persistent link: https://www.econbiz.de/10012052840
building trust and substituting for the difficulty of enforcing contracts internationally. The networks we are interested in …
Persistent link: https://www.econbiz.de/10010261988
We develop and estimate a model of dynamic interactions in which commitment is limited and contracts are incomplete to … each other through both formal contracts and informal agreements, that is, self-enforcing agreements specifying voluntary … to self-enforcement bind with positive probability and formal contracts are used to reduce this probability. …
Persistent link: https://www.econbiz.de/10010264280
building trust and by substituting for the difficulty of enforcing contracts internationally. We study networks which emerge …
Persistent link: https://www.econbiz.de/10010266350
In this paper we consider the interaction between local workers and migrants in the production process of a firm. Both local workers and migrants can invest effort in assimilation activities in order to increase the assimilation of the migrants into the firm and thereby increase their...
Persistent link: https://www.econbiz.de/10010272672
theory of transaction cost, it is argued that all-inclusive contracts mitigate a hold-up problem and that the severity of …
Persistent link: https://www.econbiz.de/10013208603
Public-Private Partnerships have become a favoured way of introducing private capital into transport projects whilst maintaining an element of public interest. This paper considers the potential conflicts that might arise between the freedom of the private operator within a PPP and other...
Persistent link: https://www.econbiz.de/10010285854