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We provide a direct test of the role of social preferences in voluntary cooperation. We elicit individuals' cooperation preference in one experiment and make a point prediction about the contribution to a repeated public good. This allows for a novel test as to whether there are types of players...
Persistent link: https://www.econbiz.de/10010267571
virtually all major world religions are centered around the importance of the family. …
Persistent link: https://www.econbiz.de/10010269437
matching or information revealed by others' behaviours, or to endogenous effects generated by bargaining within marriage. A … in individual effects. As such the correlation in the raw smoking data is consistent with positive assortative matching …
Persistent link: https://www.econbiz.de/10010272016
This paper analyses the efficiency of the equilibrium allocation in a matching model with two types of workers and jobs …
Persistent link: https://www.econbiz.de/10010272689
's matching model of unemployment. To the best of our knowledge, this is the first attempt that has been made to implement and … systematically compare these solutions in search-matching economies. Our results are twofold. First from the theoretical …/methodological viewpoint, we extend a somewhat flexible search-matching economy to alternative bargaining solutions. In particular, we prove …
Persistent link: https://www.econbiz.de/10010274621
Economic and social interaction takes place between individuals with heterogeneous characteristics. We investigate experimentally the emergence and informal enforcement of different contribution norms to a public good in homogeneous and different heterogeneous groups. When punishment is not...
Persistent link: https://www.econbiz.de/10010269498
This paper develops a model of child custody based on an incomplete-contract approach to the allocation of property rights. Because of the presence of transaction costs in marriage, altruistic parents cannot contract upon the investments they make into their children, but can reduce the...
Persistent link: https://www.econbiz.de/10010261582
Building upon a continuous-time model of search with Nash bargaining in a stationary environment, we analyze the effect of changes in minimum wages on labor market outcomes and welfare. While minimum wage increases invariably lead to employment losses in our model, they may be welfare-improving...
Persistent link: https://www.econbiz.de/10010261648
We develop a two-sided matching model with positive sorting, divorce and remarriage. Match quality for each couple is …
Persistent link: https://www.econbiz.de/10010272030
This paper investigates how families make decisions about the education of juveniles. The decision problem is analyzed in three variations: a 'decentralized' scheme, in which the parents control the purse-strings, but the children dispose of their time as they see fit; a 'hierarchical' scheme,...
Persistent link: https://www.econbiz.de/10010269937