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This study undertakes a systematic experimental investigation of the relationship between market power and labor market structure (concentration and capacity conditions) when workers and employers preferentially match based on past worksite experiences. For each tested market structure, workers...
Persistent link: https://www.econbiz.de/10004993635
Abstract not available.
Persistent link: https://www.econbiz.de/10008508385
This paper reports on computational experiments for an agent-based computational economics (ACE) model of a labor market with choice and refusal of contractual partners and endogenously evolving work-site behaviors. Three types of labor market structures are examined: two-sided markets...
Persistent link: https://www.econbiz.de/10004979912
This report presents, motivates, and illustrates the use of a computational laboratory for the investigation of evolutionary trade network formation among strategically interacting buyers, sellers, and dealers. The computational laboratory, referred to as the Trade Network Game Laboratory (TNG...
Persistent link: https://www.econbiz.de/10004979909
This study uses an agent-based computational experiments to examine the effects of a non-employment payment on network formation and work-site behaviors among workers and employers participating in a sequential employment game with incomplete contracts. Findings are compared with those obtained...
Persistent link: https://www.econbiz.de/10004979932
Abstract not available
Persistent link: https://www.econbiz.de/10008500479
This study uses an agent-based computational labor market framework to experimentally study the relationship between job capacity, job concentration, and market power. Job capacity is measured by the ratio of potential job openings to potential work orders, and job concentration is measured by...
Persistent link: https://www.econbiz.de/10004979915
This study undertakes a systematic experimental investigation of hysteresis (path dependency) in an agent-based computational labor market framework. It is shown that capacity asymmetries between work suppliers and employers can result in two distinct hysteresis effects, network and behavioral,...
Persistent link: https://www.econbiz.de/10005561506
Abstract not available
Persistent link: https://www.econbiz.de/10008500475
Persistent link: https://www.econbiz.de/10008503771