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We study manager-employee interactions in experiments set in a corporate environment where payoffs depend on employees coordinating at high effort levels; the underlying game being played repeatedly by employees is a weak-link game. In the absence of managerial intervention subjects invariably...
Persistent link: https://www.econbiz.de/10005168429
We use statistical techniques to quantify the effects of school attainment on individual wages, participation rates and employment probabilities in Spain, and to measure the contribution of education to labour productivity at the regional level. These estimates are then combined with data on...
Persistent link: https://www.econbiz.de/10005168430
An important aspect of an organizational form is the extent to which it allows observation of payoff relevant environmental variables. For example, a firm operating in two locally separated markets can choose between appointing a central manager or two lacal managers. It is plausible that in the...
Persistent link: https://www.econbiz.de/10005168431
This note describes ParallelKnoppix, a bootable CD that allows creationof a Linux cluster in very little time.An experienced user can create a cluster ready to execute MPI programsin less than 10 minutes.The computers used may be heterogeneous machines, of the IA-32 architecture.When the cluster...
Persistent link: https://www.econbiz.de/10005168432
Recent estimates of convergence equations using panel data techniques tend to produce theoretically unpalatable results which run counter to the views prevailing in the literature. This paper argues that these results (and in particular the very high convergence coefficient obtained in these...
Persistent link: https://www.econbiz.de/10005168433
We prove the non-emptiness of the core of an NTU game satisfying a condition of payoff-dependent balancedness, based on transfer rate mappings. We also define a new equilibrium condition on transfer rates and we prove the existence of core payoff vectors satisfying this condition. The additional...
Persistent link: https://www.econbiz.de/10005168434
The objective of this work is to study the effects of centralized, sectorial and decentralized bargaining patterns on wages when production needs two different types of labor. The difference with previous works is that we endogeneize the supplies of each type of labor.
Persistent link: https://www.econbiz.de/10005168435
We study a model where agents, located in a social network, decide whether to exert effort or not in experimenting with a new technology (or acquiring a new skill, innovating, etc.). We assume that agents have strong incentives to free ride on their neighbors' effort decisions. In the static...
Persistent link: https://www.econbiz.de/10005168436
Conflict among member states regarding the distribution of net financial burdens has been allowed to contaminate the entire design of the EU budget with very negative consequences in terms of equity, efficiency and transparency. To get around this problem and pave the way for a substantive...
Persistent link: https://www.econbiz.de/10005168437
This paper shows how a high level matrix programming language may be used to perform Monte Carlo simulation, bootstrapping, estimation by maximum likelihood and GMM, and kernel regression in parallel on symmetric multiprocessor computers or clusters of workstations. The implementation of...
Persistent link: https://www.econbiz.de/10005168438