Search Results - subject:"Theory"

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Underground activities and labour market performance

Kolm, Ann-Sofie; Larsen, Birthe - 2018

Combinations of different length contracts in a multiperiod model: short, medium and long-term contracts

Adachi-Sato, Meg; Kamiya, Kazuya - 2018

Strategy constrained by cognitive limits, and the rationality of belief-revision policies

Sperry-Taylor, Ashton T. - In: Games 8 (2017) 1, pp. 1-13

Strategy is formally defined as a complete plan of action for every contingency in a game. Ideal agents can evaluate every contingency. But real people cannot do so, and require a belief-revision policy to guide their choices in unforeseen contingencies. The objects of belief-revision policies...

Why is unemployment duration a sorting criterion in hiring?

Belle, Eva van; Caers, Ralf; Couck, Marijke de; Di … - 2017

mechanisms often related to the scarring effect of unemployment: general signalling theory, (perceived) skill loss, queuing … theory, and rational herding. We use the resulting data to estimate a multiple mediation model, in which the effect of the … related to the scarring effect of unemployment: general signalling theory, (perceived) skill loss, queuing theory, and …

The demand and supply of favours in dynamic relationships

Forand, Jean Guillaume; Zápal, Jan - 2017

Auctions versus negotiations : the effects of inefficient renegotiation

Herweg, Fabian; Schmidt, Klaus M. - 2017 - This version: January 29, 2017

For the procurement of complex goods the early exchange of information is important to avoid costly renegotiation. If the buyer can specify the main characteristics of possible design improvements in a complete contingent contract, a scoring auction implements the efficient allocation. If this...

The fallacy of the fiscal theory of the price level : one last time

Buiter, Willem H.; Sibert, Anne C. - 2018

There have been attempts to resurrect the fiscal theory of the price revel (FTPL). The original FTPL rests on a …

Auctions with limited commitment

Liu, Qingmin; Mierendorff, Konrad; Shi, Xianwen; Zhong, … - 2018

Spanish economic growth, 1850-2015

Prados de la Escosura, Leandro - 2017

The adaptation of management control systems to different agents

Zhang, Jingwen - 2017