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Team production in competitive labor markets with adverse selection
Siemens, Ferdinand von; Kosfeld, Michael - 2014
Team production is a frequent feature of modern organizations. Combined with team incentives, team production can create externalities among workers, since their utility upon accepting a contract depends on their team's performance and therefore on their colleagues' productivity. We study the...
Persistent link: https://www.econbiz.de/10010245995
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Cost dynamics of clean energy technologies
Glenk, Gunther; Meier, Rebecca; Reichelstein, Stefan - 2021
The pace of the global decarbonization process is widely believed to hinge on the rate of cost improvements for clean energy technologies, in particular renewable power and energy storage. This paper adopts the classical learning-by-doing framework of Wright (1936), which predicts that cost will...
Persistent link: https://www.econbiz.de/10012590546
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Cost dynamics of clean energy technologies
Glenk, Gunther; Meier, Rebecca; Reichelstein, Stefan - 2021
The pace of the global decarbonization process is widely believed to hinge on the rate of cost improvements for clean energy technologies, in particular renewable power and energy storage. This paper adopts the classical learning-by-doing framework of Wright (1936), which predicts that cost will...
Persistent link: https://www.econbiz.de/10012587784
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Workforce Location and Equilibrium Unemployment in a Duocentric Economy with Matching Frictions
Lehmann, Etienne; Montero Ledezma, Paola L.; Van der … - 2015
between workers and firms. In a decentralized economy job-seekers do not internalize a composition externality they impose on …
Persistent link: https://www.econbiz.de/10011388178
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Revisiting the decentralization theorem: on the role of externalities
Koethenbuerger, Marko - 2007
The "Decentralization Theorem" (Oates, 1972) is central to the discussion of fiscal federalism. We revisit the role of consumption spillovers in evaluating the merits of (de)centralization. Unlike the general prediction, a higher degree of spillovers may reduce the difference in utility of...
Persistent link: https://www.econbiz.de/10010264235
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Competition as a socially desirable dilemma theory vs. experimental evidence
Engel, Christoph - 2009
Cartels are inherently instable. Each cartelist is best off if it breaks the cartel, while the remaining firms remain loyal. If firms interact only once, if products are homogenous, if firms compete in price, and if marginal cost is constant, theory even predicts that strategic interaction...
Persistent link: https://www.econbiz.de/10010266995
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We are not alone: the impact of externalities on public good provision
Engel, Christoph; Rockenbach, Bettina - 2009
Providing public goods is hard, because providers are best off free-riding. Is it even harder if one group's public good is a public bad for another group or, conversely, gives the latter a windfall profit? We experimentally study public goods provision embedded in a social context and find that...
Persistent link: https://www.econbiz.de/10010266996
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The social pay gap across occupations: Survey and experimental evidence
Bublitz, Elisabeth; Regner, Tobias - 2016
Receiving equal wages for work of equal value is a legal right in many countries. However, it remains unknown to what degree the neglect of this principle yields differences in pay between social and other occupations. The results of a task-based analysis with survey data confirm a notable wage...
Persistent link: https://www.econbiz.de/10011460609
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Beyond cash: Assessing externality and behaviour effects of non-experimental cash transfers
Ribas, Rafael Perez; Soares, Fábio Veras; Teixeira, … - 2010
In this paper we propose a method to estimate externality effects in cash transfer programmes, even in cases when the … benefit is not randomly assigned. Externality is assessed through the decomposition of the average treatment effect on the … treated (ATT) into participation (direct) effect and externality (indirect) effect. We also suggest a nonparametric …
Persistent link: https://www.econbiz.de/10010293287
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Externality and behavioural change effects of a non-randomised CCT programme: Heterogeneous impact on the demand for health and education
Teixeira, Clarissa Gondim; Soares, Fabio Veras; Ribas, … - 2011
treatment effect on the treated (ATT) into participation and externality effect. This decomposition was possible thanks to the … use of two distinct comparison groups, one within the village and possibly exposed to the externality, and another in a …-beneficiary families (no externality effect). In the pilot phase, with no conditionality enforcement in place, the role of conditionality …
Persistent link: https://www.econbiz.de/10010293316