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Título: | Size doesn't matter! Gift exchange in experimental labor markets |
Autor: | Brandts, Jordi CSIC ORCID ; Gërxhani, Klarita; Schram, Arthur; Ygosse-Battisti, J. | Palabras clave: | Gift exchange Market size Worker recruitment |
Fecha de publicación: | dic-2010 | Editor: | Elsevier | Citación: | Journal of Economic Behavior and Organization 76(3): 544-548 (2010) | Resumen: | We study how the number of traders affects the interaction between a centralized exchange and bilateral negotiations in an experimental labor market with excess supply and incomplete contracts. Our large markets are three times as large as our small markets. In bilateral negotiations firms obtain information about employees' performance in previous jobs. Though market forces put a downward pressure on wages in large markets, reciprocal tendencies do not differ. Hence, the occurrence of bilateral negotiations increases overall efficiency for both market sizes. | Descripción: | El pdf del artículo es el documento de trabajo. | Versión del editor: | http://dx.doi.org/10.1016/j.jebo.2010.09.007 | URI: | http://hdl.handle.net/10261/45488 | DOI: | 10.1016/j.jebo.2010.09.007 | ISSN: | 0167-2681 |
Aparece en las colecciones: | (IAE) Artículos |
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Fichero | Descripción | Tamaño | Formato | |
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10.1016-j.jebo.2010.09.007.pdf | 90,64 kB | Adobe PDF | Visualizar/Abrir |
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