Department of Governance and Economics EBS University WiesbadenJohn Wiley & Sons, LtdJournal of Economics & Management StrategyBental, B., B. Deffains and D. Demougin (2012) Credibility and Monitoring: Outsourcing as a Commitment Device, Journal of Economics & Management Strategy 21(1), 31-52...
Non-cooperative couples are inefficient. Cooperation raises the utility of both parents, and of each child, but does not guarantee efficiency. In the prese
Therefore, the unionized firm can use the union as a commitment device for job security, and increase the ex ante expected profit, although the firm loses ex post free controllability of employment level. Under incompleteness of contracts, unions might be welcomed by firms as commitment devices ...
“Social Security and Strategic Inter-Vivos Transfers of Social Capital,” Journal of Population Economics 8, 315–326. Google Scholar Lazear, E. P. (1995). Personnel Economics. Cambridge, London: The MIT Press. Google Scholar OECD. (1996). Education at a Glance. Paris: OECD. Google ...
A commitment device is a technique used to lock oneself in an action plan; one might not be willing to follow but is right for them. It allows one to... Learn more about this topic: Game Theory Definition & Examples from Chapter 7/ Lesson 9 ...
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Endogenous Factors in Economics Ethics and Philosophy of Motivation 6 Ways to Make Sure You Don't Overcommit How to Write a Conclusion for a... Diffuse the Situation: How to Handle... How to Write a Letter of Commitment Idealism vs. Realism: Which Is... How Bias Affects Decisi...
D Messacar - 《Journal of Pension Economics & Finance》 被引量: 0发表: 2018年 Peers as a Savings Commitment Device: Evidence from a Field Experiment among Low-Income Micro-Entrepreneurs in Chile* What helps individuals overcome self-control problems in saving? Successful mechanisms such as defaul...
As part of a strategic commitment device, the seller determines the cancellation fee in the partial refund strategy, in addition to the advance and spot prices, in order to convince the Type-H consumers that the utility of buying in advance is no lower than that of delaying until spot. Howe...
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