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investigates the consequences of relaxing this assumption. Under "downward" commitment firms can commit only to paying at least …
Persistent link: https://www.econbiz.de/10005543342
It appeared as an initiative of the big transnational companies in their fight for the maintaining and the improvement of their competitive position, Corporative Social Responsibility imposes itself nowadays as an innovative concept, usually associated to “society based on knowledge” that...
Persistent link: https://www.econbiz.de/10008783708
productivity shocks, wage rigidity, and two-sided lack of commitment. Due to the non-Coasean nature of labor contracts, inefficient …
Persistent link: https://www.econbiz.de/10014296865
competing auctions and competitive search continue to hold unaltered even without ex ante price commitment. …
Persistent link: https://www.econbiz.de/10011083306
Directed search models are market games in which each firm announces a wage commitment to attract a worker … commitments to fill their vacancies faster, which yields constrained efficient outcomes. We show that commitment is not essential … subsequent wage-formation stage. The insights from existing commitment models extend unchanged to such a cheap-talk environment …
Persistent link: https://www.econbiz.de/10011083578
competing auctions and competitive search continue to hold unaltered even without ex ante price commitment. …
Persistent link: https://www.econbiz.de/10010907886
competing auctions and competitive search continue to hold unaltered even without ex ante price commitment. …
Persistent link: https://www.econbiz.de/10010931971
Persistent link: https://www.econbiz.de/10005069411
productivity shocks, wage rigidity, and two-sided lack of commitment. Due to the non-Coasean nature of labor contracts, inefficient …
Persistent link: https://www.econbiz.de/10014278008
Persistent link: https://www.econbiz.de/10005866495