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Screening contracts when institutions matter : an example

Author

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  • Eugenia Kazamaki Ottersten

    (The Research Institute of Industrial Economics (IUI), Sweden)

Abstract

Based on the notion of affiliation a model is developed which suggests that laws which restrict the firm's flexibility to adjust its employment force resume in higher requirements on potential employees. The paper demonstrates the interaction between the legal structures and individual firm's decision making, herein hiring practices.

Suggested Citation

  • Eugenia Kazamaki Ottersten, 1998. "Screening contracts when institutions matter : an example," Finnish Economic Papers, Finnish Economic Association, vol. 11(2), pages 110-116, Autumn.
    • Handle: RePEc:fep:journl:v:11:y:1998:i:2:p:110-116
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    More about this item

    JEL classification:

    • D44 - Microeconomics - - Market Structure, Pricing, and Design - - - Auctions
    • D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
    • K31 - Law and Economics - - Other Substantive Areas of Law - - - Labor Law

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