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Nonbinding recommendations, such as provided by fact-finders, are shown to significantly increase voluntary settlements in bargaining. Theoretically, it is unclear whether recommendations will increase settlement rates. A recommendation may reduce outcome uncertainty, thereby "chilling"...
Persistent link: https://www.econbiz.de/10005746573
Single-plant firms choose quantity/quality levels to maximize profits. Multi-plant firms face this decision and must also choose how many decision makers to have. This article presents two case studies and a model of a multi-plant firm in which overhead costs are lower with one decision maker...
Persistent link: https://www.econbiz.de/10005578638
type="main" xml:id="ecin12103-abs-0001" <title type="main">Abstract</title> We report results from laboratory experiments designed to examine statistical discrimination. Our design expands upon existing research by generating data both on wage contracts and unemployment rates of directly competing worker groups. We find...
Persistent link: https://www.econbiz.de/10011153219