In a punishment experiment, we separate the demand for punishmentin general from a possible demand to conduct punishmentpersonally. Subjects experience an unfair split of their earnings froma real effort task and have to decide on the punishment of the personwho determines the distribution....

The policy agenda of extending working lives requires a holistic understandingof factors underlying the decision of older workers to withdraw from work andto retire. This brief paper presents employment patterns and trends of olderpeople across EU Member States and identifies policy initiatives...

The denition of emergence remains problematic, particularly for systemswith purposeful human interactions. This study explores the practical importof this concept within a specic market context: namely, a double-auctionmarket for wholesale electric power that operates over a transmission...

We show theoretically that when larger firms pay higher wages and are more likely to becaught defaulting on labour taxes, then large high-wage firms will be in the formal sector andsmall low-wage firms will be in the informal sector...