A firm with stochastic demand can rely on hired hands when demand is low and rent additional labour when demand is higher. For high demand this implies the co-employment of hired hands, paid directly by the firm, and of rented hands who are paid by a rental agency. This may cause severe problems...

There is robust field data showing that a frequent and successful way of looking fora job is via the intermediation of friends and relatives. Here we want to explore thisexperimentally. Participants first play a simple public good game with two interactionpartners friends, and share whatever...

We experimentally explore individual and interactive decision making ina sequential search task and test whether generally accepted principles ofbounded rationality (aspiration formation, satisficing, and aspiration adjustment)adequately explain the observed search behavior. Subjects can, at...

The workforce in all industrialized countries is aging. To forecast future challenges,it is important to understand the impact of a worker's age on the labor market. In this paper, we analyze whether older workers in Germany and Norway are treated differently in the hiring process. ...

By running an internet ultimatum experiment subsequently to a telephone interview among a representative sample of people in working age and residency in Germany, we are able to test whether ultimatum offers correlate to socio-demographic variables or questionnaire responses. We observe that...

Social and economic changes during the past decades have affected especially adolescents and young adults at the beginning of their working lives. In nearly all Western countries the school-to-work transition (STWT) nowadays is characterized by increased insecurity. The major aim of this...