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Control Rights in Public-Private Partnerships

Francesconi, Marco - 2006

This paper develops a theory of the allocation of authority between two parties that produce impure public goods. We show that the optimal allocation depends on technological factors, the parties' valuations of the goods produced, and the degree of impurity of these goods. When the degree of...

Persistent link: https://www.econbiz.de/10012780020

Contracts between Legal Persons

Kornhauser, Lewis A. - 2010

Contract law and the economics of contract have, for the most part, developed independently of each other. In this … essay, we briefly review the notion of a contract from the perspective of lawyer, and then use this framework to organize … the economics literature on contract. The title, Contracts between Legal Persons, limits the review to that part of …

Persistent link: https://www.econbiz.de/10013135191

Tradable Refugee-Admission Quotas (Traqs), the Syrian Crisis and the New European Agenda on Migration

Moraga, Jesús Fernández-Huertas - 2015

The Syrian Civil War gave rise to the largest refugee flight reaching Europe since the Yugoslavian wars in the 1990s. The crisis evidenced the deficiencies of the European Union Asylum Policy, which struggled both to offer solutions to Syrian refugees and to efficiently allocate costs across...

Persistent link: https://www.econbiz.de/10013013581

Tradable Refugee-Admission Quotas and EU Asylum Policy

Moraga, Jesús Fernández-Huertas - 2014

The current EU Asylum policy is widely seen as ineffective and unfair. We propose an EU-wide market for tradable quotas on both refugees and asylum-seekers coupled with a matching mechanism linking countries' and migrants' preferences. We show that the proposed system can go a long way towards...

Persistent link: https://www.econbiz.de/10013042965

Labour Contract Regulations and Workers' Wellbeing : International Longitudinal Evidence

Salvatori, Andrea - 2010

All industrialized countries have Employment Protection Legislation (EPL) for permanent workers and Restrictions on the use of Temporary Employment (RTE). The (ambiguous) effects of these on the levels of employment and unemployment have been extensively studied, but nothing is known empirically...

Persistent link: https://www.econbiz.de/10013148289

Do the Selfish Mimic Cooperators? Experimental Evidence from Finitely-Repeated Labor Markets

Roe, Brian - 2009

Experimental studies have consistently shown that cooperative outcomes can emerge even in finitely repeated games. Such outcomes are justified by existing reputation building models, which suggest that cooperative outcomes can be sustained if some subjects have other-regarding preferences. While...

Persistent link: https://www.econbiz.de/10012764222

Public-Private Sector Wage Differentials by Type of Contract : Evidence from Spain

Ramos, Raul - 2014

distinguish by gender and type of contract. Our results also highlight the presence of a positive wage premium for public sector …

Persistent link: https://www.econbiz.de/10013054571

Zero-Hours Contracts in a Frictional Labor Market

Dolado, Juan J.; Lalé, Etienne; Turon, Hélène - 2022

We propose a model to evaluate the U.K.'s zero-hours contract (ZHC) a contract that exempts employers from the …

Persistent link: https://www.econbiz.de/10014083937

Exit, Voice or Loyalty? An Investigation into Mandated Portability of Front-Loaded Private Health Plans

Atal, Juan Pablo - 2017

We study theoretically and empirically how consumers in an individual private longterm health insurance market with front-loaded contracts respond to newly mandated portability requirements of their old-age provisions. To foster competition, effective 2009, the German legislature made the...

Persistent link: https://www.econbiz.de/10012952588

Double-Sided Moral Hazard in Job Displacement Insurance Contracts

Parsons, Donald O. - 2014

Job displacement insurance typically includes both unemployment benefits and lump-sum severance pay, and each has provoked policy concerns. Unemployment insurance concerns have centered on distorted job search/offer acceptance decisions by the worker, severance-induced firing cost concerns on...

Persistent link: https://www.econbiz.de/10013067317