One-shot interaction and repeated interaction often co-exist in the real world. We study possible behavioral effects of this co-existence in a principal-agent setting, in which a principal simultaneously employs a permanent and a temporary agent. Our experimental results indicate that there is...

This paper studies risk attitudes using a large representative survey and a complementary experiment conducted with a representative subject pool in subjects’ homes. Using a question asking people about their willingness to take risks “in general”, we find that gender, age, height, and...

Recent technological advances have prompted both utopian and dystopian visions of the transformation of work. The design of humane work environments requires not only a thorough understanding of technological affordances but also-critically-of work practices and their development. Many workers...

We analyze the economic effects of a developer’s connectedness in the electronic game industry. Knowledge spillovers between developers are likely to be of special relevance in this knowledge-intensive and regionally concentrated industry. We calculate social network measures for a...

In Bartling, Fehr, and Schmidt (2012) we show theoretically and experimentally that it is optimal to grant discretion to workers if (i) discretion increases productivity, (ii) workers can be screened by past performance, (iii) some workers reciprocate high wages with high effort, and (iv)...

In German-style private health insurance contracts, aging provisions are used to flatten premium profiles. An individual would like to change insurer if she perceives a low service quality. The first-best optimum is characterized by provision transfers upon insurer changes which are higher for...

This paper uses student-level Third International Mathematics andScience Study (TIMSS) data to analyze the determinants of schoolingquality for seven Eastern European transition countries by estimatingeducational production functions. The results show substantial effectsof student background on...

In a recent paper, García-Mainar and Montuenga-Gómez [García-Mainar, I. \& Montuenga-Gómez, V. M. (2005). Education returns of wage earners and self-employed workers: Portugal vs. Spain. Economics of Education Review, 24(2), 161-170] apply the generalized IV model of Hausman and Taylor to...

Economic theory stresses the importance of adverse selection in competitive insurance markets. The empirical evidence for adverse selection in different health-related insurance markets, however, is mixed. This study evaluates whether different degrees of private information left after different...

Der Beitrag wurde auf einer wissenschaftlichen Tagung anlässlich des dreißigjährigen Bestehens des Instituts für Arbeitsmarkt- und Berufsforschung der Bundesanstalt für Arbeit präsentiert. Der Autor argumentiert, daß eine Lohnspreizung zusammen mit einer Umwandlung von Lohnansprüchen in...