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institutions of labour relations. Previously, sector agreements and legal dismissal protection set boundaries for the competition … among workers, currently these institutions are much less embedded in employers’ practices and thus increasingly become …
Persistent link: https://www.econbiz.de/10014586326
Abstract We model imperfect contract enforcement when the victims of default resort to spot trading because the act of repudiation reveals a favorable outside option. We show that enforcement imperfection is essentially distinct from the contract incompleteness analyzed in the previous...
Persistent link: https://www.econbiz.de/10014586826
We model imperfect contract enforcement when the victims of default resort to spot trading because the act of repudiation reveals a favorable outside option. We show that enforcement imperfection is essentially distinct from the contract incompleteness analyzed in the previous literature....
Persistent link: https://www.econbiz.de/10014587555
population growth possible. The second is an improvement in institutions that promote innovation, such as property rights: the …
Persistent link: https://www.econbiz.de/10014588470
institutions, in the late 19th and early 20th centuries, when national markets were emerging. Three commodities – fresh produce … (fruit and vegetables), grains, and meat – all rely on similar institutions, suggesting they serve a similar role in each … transactions along the meat marketing chain were not subject to such disputes. Evidence suggests that the institutions performed …
Persistent link: https://www.econbiz.de/10014601243
Zusammenfassung In diesem Aufsatz wird ein Wettbewerbsleitbild vorgeschlagen, das auf den Ergebnissen der Neuen Institutionenökonomik und der Evolutorischen Ökonomik aufbaut. Um ein Leitbild zu gewinnen braucht man zweierlei, d.h. erfahrungswissenschaftliche Grundlagen und Überlegungen zu der...
Persistent link: https://www.econbiz.de/10014609040
institutions hamper trade and reduce the length of trade relations, especially for small firms. Trade in industries that are … particularly difficult to redirect towards markets with weak institutions.  …
Persistent link: https://www.econbiz.de/10014609494
naturalistic approach to this duality in the context of the theory of institutions, which means that its use is necessarily … cognitive processes that underlie rule-following as a behavioural disposition. Institutions are causal circuits that connect the … structures. I propose a new conceptualization of the replicator in the context of institutions: the replicator is a causal …
Persistent link: https://www.econbiz.de/10014609514
Summary This study investigates the relationship between religiously-induced internalized values of individuals and their specific attitudes regarding the acceptance of corruption. The dataset on which our study is based was collected by the World Values Survey from 141,326 individuals in 78...
Persistent link: https://www.econbiz.de/10014609532
While markets are all around us, not all markets are the same. Markets come in a variety of colors based on the legality of activities in the specific market. As such, there is no market economy per se, but instead various shades of markets. The different shades of markets that are evidenced in...
Persistent link: https://www.econbiz.de/10014612503