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critical role in generating efficiency. Even with perfect complementarity, holdout seems to be largely resolved whenever the …
Persistent link: https://www.econbiz.de/10008459819
between the complementarity intrinsic to such a setup and efficiency. We address this problem in a very general setup with a …
Persistent link: https://www.econbiz.de/10005836979
between the complementarity intrinsic to such a setup and efficiency. We address this problem in a very general setup with a …
Persistent link: https://www.econbiz.de/10004979320
This article characterizes the conditions under which holdout (i.e. bargaining inefficiency) may, or may not be significant in a two-sided, one-buyer-many-seller model with complementarity. Our central result is that the severity of holdout (i.e. inefficiency) is critically dependent on three...
Persistent link: https://www.econbiz.de/10010573655
This article characterizes the conditions under which holdout (i.e. bargaining inefficiency) may, or may not be significant in a two-sided, one-buyer-many-seller model with complementarity. Our central result is that the severity of holdout (i.e. inefficiency) is critically dependent on three...
Persistent link: https://www.econbiz.de/10008680483
and its three criteria (efficiency, adaptability and sustainability), and identifying indicators for assessing the … individual aspects and the overall competitiveness of farms. Next, it analyzes evolution and efficiency of farming organizations …
Persistent link: https://www.econbiz.de/10008685159
defining farm competitiveness and its three criteria (efficiency, adaptability and sustainability), and identifying indicators … for assessing the individual aspects and the overall competitiveness of farms. Next, it analyzes evolution and efficiency …, efficiency, sustainability, and competitiveness of Bulgarian farms. …
Persistent link: https://www.econbiz.de/10011108634
We study the consequences of job markets' heavy reliance on referrals. Referrals screen candidates and lead to better matches and increased productivity, but disadvantage job-seekers who have few or no connections to employed workers, leading to increased inequality. Coupled with homophily,...
Persistent link: https://www.econbiz.de/10013238786
The importance of fair and equal treatment of workers is at the heart of the debate in organizational management. In this regard, we study how reward mechanisms and production technologies affect effort provision in teams. Our experimental results demonstrate that unequal rewards can potentially...
Persistent link: https://www.econbiz.de/10003612759
We use a power-to-resist game to find out the effects of individuals' judgments about a proposer's selection procedure on the willingness to offer resistance against proposed outcomes. In the experiment, one individual is selected on the grounds of a particular procedure. This individual is...
Persistent link: https://www.econbiz.de/10009356757