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The Structure of Firm-Specific Labour Unions

Upmann, Thorsten; Müller, Julia - Tinbergen Instituut - 2013

In this paper we investigate trade union formation. To this end we apply a model with two types of labour where both groups decide on whether they prefer to be represented by either two independent craft-specific (professional) labour unions or by a joint (encompassing) labour union. Applying...

Persistent link: https://www.econbiz.de/10011256112

Inverse Adverse Selection: The Market for Gems

Dari-Mattiacci, Giuseppe; Onderstal, Sander; Parisi, … - Tinbergen Instituut - 2011

This paper studies markets plagued with asymmetric information on the quality of traded goods. In Akerlof's setting, sellers are better informed than buyers. In contrast, we examine cases where buyers are better informed than sellers. This creates an inverse adverse selection problem: The market...

Persistent link: https://www.econbiz.de/10011256127

The Effect of Search Frictions on Wages

Berg, Gerard J. van den; Vuuren, Aico van - Tinbergen Instituut - 2006

-market variation, we also investigate the extent of (and explanations for) positive assortative matching. …

Persistent link: https://www.econbiz.de/10011255845

Declining Prices in the Sequential Dutch Flower Auction of Roses

Berg, Gerard J. van den; Ours, Jan C. van; Pradhan, Menno P. - Tinbergen Instituut - 1999

flower auction in the world. We find that there is a substantial price decline and suggest that the presence of a buyer …'s option, whereby the winner of the first auction has the opportunity to buy the remaining units at the winning price, is a …

Persistent link: https://www.econbiz.de/10011256356

Gift-Exchange, Incentives, and Heterogeneous Workers

Non, Arjan - Tinbergen Instituut - 2010

Using a formal principal-agent model, I investigate the relation between monetary gift-exchange and incentive pay, while allowing for worker heterogeneity. I assume that some agents care more for their principal when they are convinced that the principal cares for them. Principals can signal...

Persistent link: https://www.econbiz.de/10011257176

Matching with Multiple Applications

Albrecht, James W.; Gautier, Pieter A.; Vroman, Susan B. - Tinbergen Instituut - 2001

We analyze the implications of multiple applications by job seekers for the microfoundations of the matching function …

Persistent link: https://www.econbiz.de/10011256754

Equilibrium Directed Search with Multiple Applications

Albrecht, James; Gautier, Pieter; Vroman, Susan - Tinbergen Instituut - 2003

We analyse a model of equilibrium directed search in a large labour market. Each worker, observing the wages posted at all vacancies, makes a fixed, finite number of applications, a. We allow for the possibility of ex post competition should more than one vacancy want to hire the same worker....

Persistent link: https://www.econbiz.de/10011249546

Transfers and Exchange-Stability in Two-Sided Matching Problems

Lazarova, Emiliya; Borm, Peter; Estévez-Fernández, Arantza - Tinbergen Instituut - 2014

In this paper we consider one-to-many matching problems where the preferences of the agents involved are represented by … matching to a matching of maximum total reward, one can always provide a compensation schedule that will be ex-post stable in … uses the fact that the core of an associated compensation matching game with constraints is nonempty. …

Persistent link: https://www.econbiz.de/10011257556

Auctions under Payoff Uncertainty: The Case with Heterogeneous Bidder-Aversion to Downside Risk

Hu, Audrey; Zou, Liang - Tinbergen Instituut - 2008

This paper characterizes the optimal first-price auction (FPA) and second-price auction (SPA) for selling rights …

Persistent link: https://www.econbiz.de/10011256873

Bidding to give in the Field: Door-to-Door Fundraisers had it right from the Start

Onderstal, Sander; Schram, Arthur J.C.; Soetevent, … - Tinbergen Instituut - 2011

. We approached about 4500 households, each participating in either an all-pay auction, a lottery, a non …-pay auction and the lottery. Although the all-pay auction is the superior fundraising mechanism both in theory and in the … anomaly. First, participation in the all-pay auction is substantially lower than in the other mechanisms while the average …

Persistent link: https://www.econbiz.de/10011255620