Search Results - subject:"Reservation Utility"

Gupta, Santanu; Jha, Raghbendra - 2016

Persistent link: https://www.econbiz.de/10011773826

Testing the importance of search frictions and matching through a randomized experiment in Jordan

Groh, Matthew; McKenzie, David; Shammout, Nour; … - In: IZA Journal of Labor Economics 4 (2015), pp. 1-20

We test the role of search and matching frictions in explaining the high unemployment of tertiary-educated youth in Jordan through a randomized experiment. Firms and job candidates were provided with a job-matching service based on educational backgrounds and psychometric assessments. Although...

Persistent link: https://www.econbiz.de/10011603337

Testing the importance of search frictions and matching through a randomized experiment in Jordan

Groh, Matthew; McKenzie, David J.; Shammout, Nour; … - In: IZA Journal of Labor Economics 4 (2015), pp. 1-20

Persistent link: https://www.econbiz.de/10011333989

Institutional Structure in Corporate Agriculture

Bhutani, Niti - 2010

costs in a general theoretical model. The possibility of reservation utility being endogenous in dyadic relationships is …

Persistent link: https://www.econbiz.de/10009450808

Menus of linear contracts in procurement with type-dependent reservation utility.

Evans, Shane - School of Economics and Finance, Tasmanian School of … - 2010

This paper examines the influence of type-dependent reservation utility on the optimality of linear contracts in a … Principal-Agent model of procurement. Type-dependency of reservation utility, combined with the requirements of individual … results show how the curvature of the reservation utility dictates whether the optimal contracts can be implemented with a …

Persistent link: https://www.econbiz.de/10010835568

Limits to citizens’ demand in a democracy

Gupta, Santanu; Jha, Raghbendra - Crawford School of Public Policy, Australian National … - 2009

This paper examines how citizens decide on their reservation utilities (expectations), in a model with democratic institutions and majority rule. If all individuals have identical incomes, then political competition amongst citizens, to attract resources from the government brings reservation...

Persistent link: https://www.econbiz.de/10008500920

Regulating a monopolist with unknown bureaucratic tendencies

Borges, Ana Pinto; Correia-da-Silva, João; Laussel, Didier - Faculdade de Economia, Universidade do Porto - 2009

We determine the optimal contract for the regulation of a bureaucratic firm in the case in which the bureaucratic bias is firm's private information. We find that output is distorted upward when the bureaucratic bias is low, downward when it is high, and equals a reference output when it is...

Persistent link: https://www.econbiz.de/10008476410

Limits to citizens' demand in a democracy

Gupta, Santanu; Jha, Raghbendra - 2009

Persistent link: https://www.econbiz.de/10003901311

Nonlinear Pricing with Network Externalities and Countervailing Incentives

Meng, Dawen; Tian, Guoqiang - Volkswirtschaftliche Fakultät, … - 2008

This paper considers the screening problem faced by a monopolist of a network good in a general setting. We demonstrate that the joint presence of asymmetric information and network externalities revise the "no distortion on the top" and "one-way distortion" principle. The pattern of consumption...

Persistent link: https://www.econbiz.de/10011107904

On the Relevance of the Median Voter to Resource Allocation amongst Jurisdictions

Gupta, Santhanu - eSocialSciences - 2007

Allocation of local public good over three jurisdictions with individuals with heterogeneous tastes, in a model with democratic institutions and majority rule. The nature of electoral uncertainty, the expectations of individuals from government captured by their reservation utilities, and...

Persistent link: https://www.econbiz.de/10005699192