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second price auction; and the multiple price list. The payment mechanisms associated with these methods are widely considered …
Persistent link: https://www.econbiz.de/10011455836
scheme, offered in this paper a potentially-displaced Canadian worker places a job voucher up for auction on the Internet. If …. Thus, under this auction scheme Canadian workers are compensated for the presence of temporary immigrants, and the actual …
Persistent link: https://www.econbiz.de/10003189631
at a fixed price before an auction. In the "Buy-It-Now" format, the seller has the bargaining power and offers a price … prior to the auction; whereas in the "Sell-It-Now" format, it is the buyer. Both formats are extensively used in online and … offline markets. Despite very different strategic implications for buyers and sellers, results from our experiment suggest no …
Persistent link: https://www.econbiz.de/10011407823
We experimentally investigate multiple notions of equity in ultimatum bargaining with asymmetric outside options. Building on the generalized equity principle formulated by Selten (1978), we derive three different equity rules that can explain 43% of all offers. Our within-subject design further...
Persistent link: https://www.econbiz.de/10010191262
), proposals are balanced only if both groups have veto power (iii) negotiations often fail if the decision environment gives …
Persistent link: https://www.econbiz.de/10011387570
Job-satisfaction as a component of workers' utility has been strangely neglected, with work usually regarded as reducing utility and the benefits of leisure. This is contradicted by many empirical studies showing that unemployment is a major cause of unhappiness, even when income is controlled...
Persistent link: https://www.econbiz.de/10003115146
Can households make efficient choices? The fact that cohabitation and marriage are partnerships for joint production and consumption imply that their gains are highest when household members cooperate. At the same time, empirical findings suggest that spousal specialization and labor force...
Persistent link: https://www.econbiz.de/10003095433
While most of the literature on employment protection has focused on government-mandated severance pay, it has recently been documented that a substantial share of severance payments derives from private contracts or collective agreements. This paper studies the determination of these payments....
Persistent link: https://www.econbiz.de/10010403663
International climate negotiations have been troubled by mutual mistrust. At the same time, a hope seems to prevail …
Persistent link: https://www.econbiz.de/10010488278
negotiations take place. We show that, in the absence of any distortion, sector-level bargaining ought to be less efficient than …
Persistent link: https://www.econbiz.de/10003489069