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Consenting to Form Contracts
Barnett, Randy E. - 2002
In this essay, I will identify one theoretical source of the common antipathy towards form contracts and why it is … misguided. I contend that the hostility towards form contracts stems in important part from an implicit adoption of a promise … contracts can be seen as entirely legitimate-though some form terms may properly be subject to judicial scrutiny that would be …
Persistent link: https://www.econbiz.de/10009466420
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Authority and incentives in organizations
Kräkel, Matthias - 2013
The paper analyzes how the choice of organizational structure leads to the best compromise between controlling behavior based on authority rights and minimizing costs for implementing high efforts. Concentrated delegation and hierarchical delegation turn out to be never an optimal compromise. If...
Persistent link: https://www.econbiz.de/10010293168
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Bonus culture: Competitive pay, screening, and multitasking
Bénabou, Roland; Tirole, Jean - 2013
This paper analyzes the impact of labor market competition and skill-biased technical change on the structure of compensation. The model combines multitasking and screening, embedded into a Hotelling-like framework. Competition for the most talented workers leads to an escalating reliance on...
Persistent link: https://www.econbiz.de/10010293214
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Contractual relationships in the Hungarian milk sector
Zoltán Bakucs, Lajos; Fertő, Imre; Szabó, Gábor G. - 2010
' contracting choices: type of contracts, duration, number of contractors, incentives provided in the contract and business history …
Persistent link: https://www.econbiz.de/10010307573
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Can Reputation Discipline the Gig Economy? Experimental Evidence from an Online Labor Market
Benson, Alan; Sojourner, Aaron J.; Umyarov, Akhmed - 2015
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
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Do labour market conditions shape immigrant-native gaps in employment outcomes? A comparison of 19 European countries
Markaki, Yvonni - 2014
precarious contracts. The empirical results suggest that immigrant-native gaps are larger in countries with more immigrants …. Evidence also indicates that a stricter regulation of regular contracts increases the immigrant-native earnings gap and … immigrants' chances of holding temporary contracts. A stricter regulation of temporary contracts increases immigrants' risk of …
Persistent link: https://www.econbiz.de/10011418997
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A Review of Build-Operate-Transfer for Infrastructure Development: Some Lessons for Policy Reform
Llanto, Gilberto M. - 2008
The Philippines has used the BOT law, as amended to motivate private sector provision of infrastructure. Using examples from selected BOT projects in the country, the paper points out key issues constraining the successful implementation of the BOT approach to infrastructure provision. It also...
Persistent link: https://www.econbiz.de/10011421115
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The Desire for Impact
Dur, Robert; Glazer, Amihai - 2004
This paper explores the meaning and implications of the desire by workers for impact. We find that this impact motive can make a firm in a competitive labor market face an upward-sloping supply curve of labor, lead workers with the same characteristics but at different firms to earn different...
Persistent link: https://www.econbiz.de/10010325289
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Is Marriage as Good as a Contract?
Cigno, Alessandro - 2013
Neither marriage nor a legally enforceable contract serves any useful purpose if the parties have access to a perfect credit market. In the presence of credit rationing, efficiency and utility equalization are guaranteed only by a legally enforceable contract. Separate-property marriage may...
Persistent link: https://www.econbiz.de/10010328730
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Productivity Response to a Contract Change
Jayaraman, Rajshri; Ray, Debraj; de Véricourt, Francis - 2014
, implemented at the end of a three-year cycle in which contracts are generally revised, was (a) the joint outcome of negotiations …
Persistent link: https://www.econbiz.de/10010333400