Similar Search Results

Reciprocity, self-interest and reputation: debt vs equity contracts

Shah, Syed Munawar; Mariani Abdul Majid - In: Islamic economic studies 27 (2019) 1, pp. 53-64

Purpose The purpose of this paper is to examine whether reputation element affects the decision relative performance of … following lab experiments bonus-incentive treatment without reputation, bonus-incentive treatment with reputation and trust …-incentive treatment with reputation. Findings The study finds that the reputation and fairness concerns, in contrast to self-interest, may …

Persistent link: https://www.econbiz.de/10012182130

Blockchain-based dispute resolution : insights and challenges

Gabuthy, Yannick - In: Games 14 (2023) 3, pp. 1-9

A smart contract can be defined as a computer program, stored on a blockchain, which allows a transaction or an agreement-defined ex-ante-to be self-executed when some conditions are met, and without the need for a central authority to enforce it. Even if this new technology is very promising,...

Persistent link: https://www.econbiz.de/10014422519

Asymmetric reimbursement and contingent fees in environmental conflicts : observable vs. unobservable contracts

Park, Sung-Hoon; Settle, Chad E. - In: Games 14 (2023) 4, pp. 1-9

We investigate the impact of observability of contracts between a plaintiff and his attorney on both the efficiency of the environmental conflict and the fairness of the resulting outcome from the environmental conflict. By including two specific game-theoretic models (an observable-contract...

Persistent link: https://www.econbiz.de/10014426341

Financial contracting and misreporting with limited enforcement, firm financing and growth

Adama, Adams Sorekuong Yakubu - In: Cogent economics & finance 8 (2020) 1, pp. 1-24

This article employs a dynamic stochastic general equilibrium framework to examine asymmetric information and limited contract enforcement in financial markets, where firms have access to both internal and external sources of finance. It considers limited enforcement of financial contract in the...

Persistent link: https://www.econbiz.de/10012219504

Collective bargaining autonomy in a crisis of legitimacy? : an analysis of historical debates

Lesch, Hagen; Bach, Helena; Vogel, Sandra - In: Journal of contextual economics : Schmollers Jahrbuch 142 (2022) 1, pp. 41-66

In Germany, free collective bargaining was introduced after the Great War in November 1918. Tough, it has constitutional status, we can observe that the state monitors and sometimes steers the collective bargaining process. This can be explained by using the Principal Agent Model as an...

Persistent link: https://www.econbiz.de/10014518377

A principal-agent framework optimal incentives in renewable investments

Aïd, René; Kemper, Annika; Touzi, Nizar - 2023

We investigate the optimal regulation of energy production reflecting the long-term goals of the Paris Climate Agreement. We analyze the optimal regulatory incentives to foster the development of non-emissive electricity generation when the demand for power is served either by a monopoly or by...

Persistent link: https://www.econbiz.de/10014228332

(Bad) reputation in relational contracting

Deb, Rahul; Mitchell, Matthew F.; Pai, Mallesh M. - In: Theoretical economics : TE ; an open access journal in … 17 (2022) 2, pp. 763-800

Motivated by markets for ''expertise,'' we study a bandit model where a principal chooses between a safe and risky arm. A strategic agent controls the risky arm and privately knows whether its type is high or low. Irrespective of type, the agent wants to maximize duration of experimentation with...

Persistent link: https://www.econbiz.de/10013273779

Development and the Interaction of Enforcement Institutions

Dhillon, Amrita; Rigolini, Jamele - 2012

, reputation, the efficacy of which is enhanced by consumers investing in "connectedness," with a formal mechanism, legal …

Persistent link: https://www.econbiz.de/10012553910

Employment protection legislation, labor courts, and effective firing costs

Jimeno, Juan F.; Martínez-Matute, Marta; … - In: IZA Journal of Labor Economics 9 (2020) 1/2, pp. 1-26

In many countries, labor courts play a central role in the determination of firing costs by monitoring and supervising the procedures for dismissals, and, eventually, deciding severance payments mandated by the employment protection legislation (EPL). To get some insights about the impact of...

Persistent link: https://www.econbiz.de/10012242138

O que aconteceu com os recursos após o código de processo civil de 2015?

Castro, Alexandre Samy de; Anjos, Jefferson Silva dos; … - 2024

The 2015 Civil Code of Procedure (Law 13.105) entailed extensive changes in the system of civil appeals in Brazil but, after more than seven years of its enactment, there hasn't been any empirical assessment regarding the impacts of the procedural reform on the propensity to appeal in civil...

Persistent link: https://www.econbiz.de/10014531870