If the future market wage is uncertain, engaging in long{term employment is risky, withthe risk depending on how regulated the labor market is. In our experiment long{term employment can result either from oering long{term contracts or from repeatedlyand mutually opting for rematching....

The research program "Information Management and Market Engineering" focuses on the analysis and the design of electronic markets. Taking a holistic view of the conceptualization and realization of solutions, the research integrates the disciplines business administration, economics, computer...