fully absorbing dynamic compromise abstract i consider a repeated divide the dollar voting model with rejections leading to the implementation of the previous period s allocation see kalandrakis 14 i show that if proposals can be non exhaustive then equal division can be achieved as an absorbing steady state from any initial allocation given a large enough discount factor as a part of a markov perfect equilibrium this result is robust to changes in voting thresholds and persistence in proposal power outside of unanimity or total persistence

the effects of flexible specialization on industrial politics and the labor market the motion picture industry the authors citing historical and statistical evidence spanning three decades examine how the transition to flexibly specialized production organization in the motion picture industry has changed the distribution of work and wages and the definition of skills one important result of that process has been the emergence of a new form of intra occupational labor market segmentation based much less on differences in hourly wage rates than on differential access to hours of work also the reorganization of the production process has altered the relative bargaining power of employers and workers and of different groups within the industry work force resulting in increased conflict among segments of the work force and a strengthening of employers bargaining power vis a vis industry unions

on the determinants of employer demand for part time workers this paper uses a survey of private establishments to examine the determinants of the firm s relative demand for partand full time workers the elasticity of substitution of part time for full time workers is about 1 5 considerably lower than previous estimates with aggregate data the results indicate that the quasi fixed labor costs have a negative impact on the proportion of part timers in a firm s work force

inter city competition for foreign investment static and dynamic effects of china s incentive areas abstract china s open door policy has created a natural experiment for studying agglomeration externalities and the role of incentives designed to attract foreign direct investment we build a model which predicts that foreign firms will prefer cities where other foreign firms are located we estimate the model using data on 931 foreign ventures we then use simulations to explore the effect policies favoring particular cities had on the distribution of investment we find that attractive cities those with good infrastructure and an established industrial base gained most and that agglomeration effects greatly magnified the direct impact of policy

payment schemes and gender in germany the authors estimate the determinants of five types of variable payment schemes using panel data on german establishments in 1994 and 1996 women were disproportionately included in schemes based on individual productivity and on profit sharing but not in those based on work group productivity this pattern seems inconsistent with the claim that women are sorted due to their shorter expected tenure instead the authors argue the critical issue may be that women have a greater need for flexibility between work and home than men do collective bargaining coverage and other industrial relations variables are shown to be influential determinants interacting with gender

mne institutional advantage how subunits shape transpose and evade host country institutions scholars increasingly emphasize the impact of institutions on multinational enterprises mnes but the opposite relationship has attracted less research that is mne agency in relation to institutions based on a comparative case study of six mnes from the united states and sweden this paper remedies this it explores and explicates mne subunits strategic responses to host country institutional constraints and opportunities in five different regions a new institutional approach is adopted which allows for an investigation of mne subunit agency in relation to normative and cognitive institutions as well as regulative ones this fine grained analysis reveals not only what kinds of responses mne subunits invoke but why and how they are able to respond we identify four strategic responses by which subunits shape transpose and evade institutions in the pursuit of competitive advantage innovation arbitrage circumvention and adaptation these responses are driven by three key enablers multinationality foreignness and institutional ambiguity that serve to enhance and heighten three mechanisms reflexivity role expectations and resources by linking the enablers and the mechanisms to specific types of strategic responses in a framework and typology the paper not only contributes to emerging research on the interplay between mnes institutions and strategy but to strategy practice

bargaining in legislatures bargaining in legislatures is conducted according to formal rules specifying who may make proposals and how they will be decided legislative outcomes depend on those rules and on the structure of the legislature although the social choice literature provides theories about voting equilibria it does not endogenize the formation of the agenda on which the voting is based and rarely takes into account the institutional structure found in legislatures in our theory members of the legislature act noncooperatively in choosing strategies to serve their own districts explicitly taking into account the strategies members adopt in response to the sequential nature of proposal making and voting the model permits the characterization of a legislative equilibrium reflecting the structure of the legislature and also allows consideration of the choice of elements of that structure in a context in which the standard institution free model of social choice theory yields no equilibrium

it s what you say not what you pay an experimental study of manager employee relationships in overcoming coordination failure we study manager employee interactions in experiments set in a corporate environment where payoffs depend on employees coordinating at high effort levels the underlying game being played repeatedly by employees is a weak link game in the absence of managerial intervention subjects invariably slip into coordination failure to overcome a history of coordination failure managers have two instruments at their disposal increasing employees financial incentives to coordinate and communication with employees we find that communication is a more effective tool than incentive changes for leading organizations out of performance traps examining the content of managers communication the most effective messages specifically request a high effort point out the mutual benefits of high effort and imply that employees are being paid well

place space and geographical exposure foreign subsidiary survival in conflict zones this study focuses on the role of geography in foreign subsidiary survival in host countries afflicted by political conflict we argue that survival is a function of exposure to conflicts and depends on the characteristics of place the conflict zone and space geographic concentration and dispersion of other home country firms the roles of place and space are explored using street level analysis of geographic information systems data for 670 japanese multinational enterprises mne subsidiaries in 25 conflict afflicted host countries over 1987 2006 through dynamic modeling of conflict zones as stretchable and shrinkable places relative to subsidiary locations we develop a means of characterizing a foreign subsidiary s exposure to multiple threats in its geographic domain our results show that greater exposure to geographically defined threats in both a static and a dynamic sense reduces the likelihood of mne survival the findings indicate moreover that both concentration and dispersion with other firms affect survival however the effects depend on where the firm is spatially located whether the firm is in a conflict zone and with whom home country peers or sister subsidiaries

bargaining in standing committees with an endogenous default committee voting has mostly been investigated from the perspective of the standard baron ferejohn model of bargaining over the division of a pie in which bargaining ends as soon as the committee reaches an agreement in standing committees however existing agreements can be amended this article studies an extension of the baron ferejohn framework to a model with an evolving default that reflects this important feature of policymaking in standing committees in each of an infinite number of periods the ongoing default can be amended to a new policy which is in turn the default for the next period the model provides a number of quite different predictions i from a positive perspective the key distinction turns on whether the quota is less than unanimity in that case patient enough players waste substantial shares of the pie each period and the size principle fails in some pure strategy markov perfect equilibria in contrast the unique markov perfect equilibrium payoffs in a unanimity committee coincide with those in the corresponding baron ferejohn framework ii if players have heterogeneous discount factors then a large class of subgame perfect equilibria including all markov perfect equilibria are inefficient

why do part time workers earn less the role of worker and job skills part time workers receive considerably lower hourly earnings than do full time workers using current population survey earnings files for september 1995 through december 2002 the author finds that measurable worker and job characteristics including occupational skill requirements account for much of the part time penalty longitudinal analysis of the data indicates that much of the remaining gap reflects worker heterogeneity evidenced by small wage gains and losses among workers switching between part time and full time jobs the lower skills of part time than full time workers result primarily from limited work experience and accumulation of human capital little evidence can be found of a large wage gap between part time and full time women a part time wage penalty is found for men but men account for less than one third of total part time employment

markets and income inequality in rural china political advantage in an expanding economy when market reform generates rapid growth in an agrarian subsistence economy changes in inequality may be due to economic growth and structural change rather than to the intrinsic features of markets the case of post mao china is examined using nationally representative survey data gathered in 1996 to address unresolved questions about findings from 1980s surveys well into reform s second decade political officeholding has a large net impact on household income comparable to that of operating a private enterprise contrary to findings based on earlier surveys and expectations about the impact of growth cadre household advantages are stable across levels and forms of economic expansion returns to entrepreneurship however decline sharply with the spread of wage employment future declines in relative returns to political position are therefore unlikely to occur due to the further spread of private household entrepreneurship and theories of change based on this mechanism appear untenable

the dynamic demand for part time and full time labour this paper explores the hypothesis that part time work plays a distinct role in the adjustment strategies of firms in the face of economic shocks dynamic labour demand equations for part time and full time labour estimated from monthly data from the us current population survey indicate that part time labour is adjusted more rapidly in a number of industries furthermore the adjustment of the two types of labour is not independent disequilibrium in one slows the rate of adjustment of the other these results lend support to the notion that part time labour provides an important source of dynamic flexibility in some industries policies that reduce the relative costs of adjusting part time labour and changes in the economic environment that make flexibility more important to firms may explain some of the growth in part time employment that has taken place over the last several decades part time employment has expanded significantly over the last several decades in both north america and europe standing at about 15 5 of the labour force in germany in the early 1990s 12 2 in france and 18 9 in the united states houseman 1995 this paper explores the hypothesis that part time work plays a distinct and important role in the adjustment strategies of firms in the face of economic shocks as suggested by a variety of authors and substantiated by a small amount of survey evidence zeytinoglu 1992 firms may be motivated to hire part time workers partly because such workers can provide them with more flexibility in adjusting their labour forces obtaining evidence on this hypothesis can generate insight into one of the potential causes of the growth of part time employment part time labour may be more flexible than full time labour for a number of reasons if there are positive training costs short term layoffs will be costly when workers are not available for rehire when conditions improve if parttime workers on short term layoff are less likely to seek other employment adjustment costs relating to training will be lower for them workers who choose full time employment may on average have stronger preferences for regular schedules and constant incomes than do workers who are employed on a part time basis varying hours or employment therefore may cause greater discontent among full time workers than part time workers resulting in reduced productivity or compensatory wage increases finally firms that pay efficiency wages may segment their labour forces into primary workers who have greater job security and secondary workers who act to absorb shocks to product demand as rebitzer and taylor 1991 show providing primary workers with a credible promise of future employment lowers the wage rate required to ensure that these workers do not shirk for all the reasons just described part time workers may form a natural source of secondary workers for firms pursuing this strategy

the effects of within country linguistic and religious diversity on foreign acquisitions this article explores how within country diversity of both language and religion influences the ownership structure of foreign acquisitions commentators have acknowledged the potential importance of within country diversity but to date this issue has received minimal empirical attention we propose that diversity plays two distinct roles namely diversity within the host country may be an additional source of behavioral uncertainty and information asymmetry over and above the effects arising from cross national differences moreover diversity within the home country may increase the cognitive complexity of the decision makers moderating the firm s response to the distance and diversity of the host country results based on foreign acquisitions across 67 acquirer and 69 target countries confirm both of these roles while the main focus of this article is on the role that within country diversity plays in international business decisions it also makes contributions in terms of expanding the range of dimensions of distance investigated in the cross border acquisition literature in highlighting a potentially positive role that diversity might play in such acquisitions and in providing a potential explanation for asymmetries in distance that is differences in cognitive complexity

output fluctuations at the plant level this paper examines the short run dynamics of manufacturing costs by detailing how plants in the u s automobile industry change output weekly data show a variety of margins on which firms adjust production these margins which are distinct from the usual factor demand choices differ in their lumpiness their adjustment costs and their variable costs the existence of these margins explains several empirical puzzles of output fluctuations using a theory of the short run dynamic cost function we are able to infer some of the characteristics of the underlying cost function from the dynamic behavior of the different margins

the role of path dependency and managerial intentionality a perspective on international business research several decades of research in the field of international business have advanced various theories and studies on the internationalization of firms our assessment of the literature on internationalization shows that the focus has been primarily on path dependency and learning based aspects of internationalization while managerial intentionality and the possibility of managers making deliberate strategic choices towards further internationalization have not been very prominent in the ib literature we argue that internationalization paths and processes should be approached as a joint outcome of management intentionality and experience based learning in other words managers are assumed to have the ability and the intention to influence the evolutionary paths of the firm we derive a future research agenda that calls for the pursuit of this promising and emergent research stream moreover we develop a model integrating managerial intentionality knowledge experience and other factors institutional and selection forces to explain heterogeneous outcomes of internationalization positions paths and processes

durable coalitions and communication public versus private negotiations abstract we present a laboratory experiment to study the effect of communication on durable coalitions coalitions that support the same allocation from one period to the next we study a bargaining setting where the status quo policy is determined by the policy implemented in the previous period our main experimental treatment is the opportunity for subjects to negotiate with one another through unrestricted cheap talk communication before a proposal is made and comes to a vote we compare committees with no communication committees where communication is public and messages are observed by all committee members and committees where communication is private and any committee member can send a private message to any other committee member we find that the opportunity to communicate has a significant impact on outcomes and coalitions when communication is public there are more universal coalitions and fewer majoritarian coalitions with private communication there are more majoritarian coalitions and fewer universal coalitions with either type of communication coalitions occur more frequently and last longer than with no communication the volume and content of communication is correlated with coalition type these findings suggest a coordination role for communication that varies with the mode of communication

the performance of cross border units in china a test of natural selection strategic choice and contingency theories this study tests the explanatory power of three theoretical frameworks for the performance of cross border affiliates by examining the experience of 615 hong kong firms managing operations in mainland china the frameworks tested are the natural selection approach focused on the influence of the environment the strategic choice approach focused on managerial action and the contingency approach which emphasises the fit between environmental contingencies and internal organisation the results show that natural selection and strategic choice have a role to play even when controlling for each other they also support a simple approach to contingency but not a more complex version involving interactions although the business and institutional environments do have a significant influence on the performance of cross border affiliates in a transition economy performance can be improved through strategic managerial action in particular leveraging local resources by developing trust between parent and affiliate and maintaining close control and integration with the parent are associated with enhanced performance

what happens after working part time integration maintenance or exclusionary transitions in britain and western germany we address the issues raised by gunther schmid s proposal to develop transitional labour markets by examining theoretical explanations and empirical evidence affecting transitions through part time work by analysing british and german household panel data we outline the changing characteristics of part time employment and employees in the early 1990s we show that only a tiny number of women were able to use part time work as a bridge back into a full time job a substantial proportion ends up dropping out of employment especially in germany having previous employment experience is more likely to hinder exclusionary transition patterns whereas the presence of more than one child especially in germany is associated with dropping out we conclude by assessing the implication of these findings for both policy reform and theoretical developments

state ownership effect on firms fdi ownership decisions under institutional pressure a study of chinese outward investing firms this study investigates the effect of state ownership on chinese firms foreign direct investment fdi ownership decisions it adopts a political perspective to extend the application of institutional theory in international business research specifically it examines firms heterogeneous responses to external institutional processes during foreign market entry while taking into consideration the political affiliation of firms with the external institutions we argue that state ownership creates the political affiliation of a firm with its home country government which increases the firm s resource dependence on home country institutions while at the same time influencing its image as perceived by host country institutional constituents such resource dependence and political perception increase firms tendency to conform to rather than resist isomorphic institutional pressures we tested our hypotheses using primary data for 132 fdi entries made by chinese firms during 2000 2006 and we found that the effects of home regulatory host regulatory and host normative pressures on a firm to choose a joint ownership structure were stronger when the share of equity held by state entities in the firm was high

part time work and the hiring of older workers this research uses german establishment data to examine the relationship between back loading compensation the hiring of older workers and their part time status we confirm that establishments that defer compensation are less likely to hire older workers we demonstrate for the first time that establishments that defer compensation are more likely to limit older workers to part time jobs when they do hire them thus deferred compensation plays a larger role in reducing the chances of older workers being hired into full time jobs than would be inferred from past estimates simply examining their odds of being hired at all

a three player dynamic majoritarian bargaining game this file contains two sets of calculations first we report the calculations of demands and continuation values of proposition 1 second the mixing probabilities of proposition 1 are shown to be well defined

social motives in bilateral bargaining games how power changes perceptions of fairness abstract power a fundamental characteristic of social interactions characterizes one s ability to influence others fairness inherently a type of social preference impacts distributive decision making how does power shape the perceptions of fairness in economic interactions while previous research finds that power holders tend to take more it remains unclear whether they are driven by selfish motives to exploit weaker counterparts or act upon the belief that powerful individuals deserve more with an innovative modified ultimatum game we analytically and experimentally study how power interplays with fairness consideration to affect bilateral bargaining we concentrate on behaviors by the responders to elicit their fairness preferences in response to shifts in power we find strong evidence that changes in power can modify what is perceived as a fair division in the modified ultimatum game and thus influence the distributive behaviors and outcomes however such an effect only arises when there is common knowledge about the power distribution between the two parties prior to their decision making in addition we find that while feedback on past decisions and outcomes can help players fine tune their choices to avoid money left on the table in bargaining learning from experience is not required for power to take effect

the incidence of mandated maternity benefits i consider the labor market effects of mandates which raise the costs of employing a demographically identifiable group the efficiency of these policies will be largely dependent on the extent to which their costs are shifted to group specific wages i study several state and federal mandates which stipulated that childbirth be covered comprehensively in health insurance plans raising the relative cost of insuring women of childbearing age i find substantial shifting of the costs of these mandates to the wages of the targeted group correspondingly i find little effect on total labor input for that group jel 118 j32 h51 in an era of tight fiscal budget constraints mandating employer provision of workplace benefits to employees is an attractive means for a government to finance its policy agenda consequently in recent years there has been a growth of interest in mandated benefits as a tool of social policy for example the centerpiece of president bill clinton s health care proposal is mandated employer provision of health insurance and more than 20 states have man

cooperation and punishment under repeated majority voting in light of the extensive theoretical evidence suggesting absence of equilibrium in voting models tullock 1981 asks why so much stability our results suggest the following answer political agents engaged in long term relationships can sustain highly stable allocations if there are strongly held norms for punishment of defectors 1

identifying the big question in international business research buckley 2002 argues that the international business ib research agenda may be running out of steam because no big research question has currently been identified buckley also asks whether the field needs a big question and if so challenges ib scholars to discover it buckley and ghauri 2004 elaborate on the third question of globalization discussed in buckley 2002 as a possible candidate for the big question in response this article is written to take up buckley s challenge and also to comment on buckley and ghauri s more recent work i agree that ib needs a big question the pursuit of which can serve to unite and energize scholars make scientific progress and enhance the status and prestige of the field toward that end i argue that what determines the international success and failure of firms has always served as a fundamental research question which has permeated ib research in the past and present and is likely to propel its progress in the future therefore i am of the opinion that the ib research agenda is not likely to run out of steam because focusing on this question will leverage ib s comparative advantage and keep the field engaged in generating exciting and disciplined theories and findings in the 21st century

gamson s law versus non cooperative bargaining theory we compare gamson s law a popular empirical model of legislative bargaining with two noncooperative bargaining models in three players divide the dollar games in which no player has enough votes to form a winning coalition on their own both of the game theoretic models better organize the comparative static data resulting from changes in nominal bargaining power than does gamson s law we also identify deviations from the point predictions of the non cooperative bargaining models namely proposer power is not nearly as strong as predicted under the baron ferejohn model and a significant number of bargaining rounds tend to take more than two steps under demand bargaining and more than one stage under baron ferejohn counter to the models predictions regressions using the experimental data provide results similar to the field data but fail to do so once one accounts for predictions regarding coalition composition under gamson s law

on dynamic compromise abstract most legislatures require the consent of only a simple majority to pass a proposal so why don t legislative outcomes favor only a bare majority we show that compromise can be achieved if legislators are neither too impatient nor too patient and initial allocations are not too unequal the compromise is only sustainable if starting from the unequal allocations there is a possibility of spiraling towards a complete absence of compromise we find that the range of discount factors for which the equilibrium exists increases as the number of legislators increases in this sense compromise is easier in larger legislatures

job security provisions and employment european countries have enacted various job security provisions over the last 30 years employers are required to pay workers on separation or to give advance notice of termination in anything less than a perfectly functioning market there are effects of the provisions on employment incumbents are more likely to retain their jobs but new workers are less likely to be hired an examination of the european data suggests that severance pay requirements reduce employment

impact of historical conflict on fdi location and performance japanese investment in china historical relations between countries bring important explanatory power for foreign direct investment fdi decisions yet little is known on whether a home host country relation exhibits heterogeneous effects on fdi across the country s subnational regions in this study we examine the long term impact of historical conflict on fdi location choices and performance using a sample of 8 646 japanese fdi in china we show that civilian casualties in different provinces of china during the second sino japanese war exert deterring effects on japanese fdi location choices furthermore we demonstrate that civilian casualties negatively affect japanese fdi performance and political capital accumulation strategies in the forms of excessive tax payment and local employment can reduce this negative effect this study contributes to the discussion on how within country differences of historical factors affect fdi location decisions and performance the findings on firms political capital accumulation strategies also provide important implications for fdi operation in an environment characterized by historical animosity

critical survey the new geographical turn in economics some critical reflections over the past few years a new geographical economics has emerged focused on the spatial agglomeration of industry and the long run convergence of regional incomes several leading names are associated with this geographical turn including paul krugman michael porter robert barro and w brian arthur this new economic geography it is argued here is neither that new nor is it geography instead it is a reworking or re invention using recent developments in formal mathematical mainstream economics of traditional location theory and regional science as such it is quite opposed to and difficult to reconcile with the work on regional development and industrial agglomeration being carried out in economic geography proper

delayed payment contracts and a firm s propensity to hire older workers there are jobs for which firms employ older workers but tend not to hire new older workers this may be attributable in part to implicit contracts that discourage worker shirking and malfeasance by shifting compensation to the end of the contract such delayed payment contracts can introduce a form of fixed costs into the employment relationship much as with hiring and training costs these fixed costs lead firms to hire primarily young long term workers while firms employ older workers workers who are serving out the last years of their contract they tend not to hire them this paper presents empirical evidence that is consistent with this argument

behavioral identification in coalitional bargaining an experimental analysis of demand bargaining and alternating offers alternating offer and demand bargaining models of legislative bargaining make very different predictions in terms of both ex ante and ex post distribution of payoffs as well as in the role of the order of play the experiment shows that actual bargaining behavior is not as sensitive to the different bargaining rules as the theoretical point predictions whereas the comparative statics are in line with both models we compare our results to studies that attempt to distinguish between these two approaches using field data finding strong similarities between the laboratory and field data regardless of the underlying bargaining process

legislative bargaining with reconsideration we present a dynamic model of legislative bargaining with an endogenously evolving default policy and a persistent agenda setter policy making proceeds until the agenda setter can no longer pass a new policy to replace an approved bill we prove existence and necessary conditions of pure strategy stationary equilibria for any finite policy space any number of players and any preference profile in equilibrium the value of proposal power is limited compared to the case that disallows reconsideration as voters are induced to protect each other s benefits to maintain their future bargaining positions the agenda setter in turn would prefer to limit his ability to reconsider the lack of commitment due to the possibility of reconsideration however enhances policy efficiency

us versus them or us versus everyone delineating consumer aversion to foreign goods this paper presents evidence that international animosity and consumer ethnocentrism are distinct constructs that play different roles depending on the set of products available to consumers results show that animosity toward a foreign nation is related to choices between foreign goods while consumer ethnocentrism is related to choices between domestic and foreign goods further the study finds animosity effects even though anger levels are generally low thus extending the boundaries of the animosity model of foreign purchase the study focuses on u s consumer views of japan and japanese products implications for decisions concerning global versus local branding strategies are discussed

internal labour markets causes and consequences the paper analyzes the causes and consequences of internal labor market rules that yield long tenure promotion from within seniority pensions and due process in dismissals about half the workforce are estimated to be in such markets competitive reasons for internal labor markets as a response to specific training and arms length relationships between workers and firms are surveyed these reasons are found to be consistent with the pattern of internal labor markets among non union firms however some internal labor markets e g among small unionized firms are probably a response to union pressure and government regulations in these circumstances low labor mobility could pose problems for policy copyright 1991 by oxford university press

an empirical study of age discrimination in norway and germany using a questionnaire and a sample of students and personnel managers we establish the existence of age discrimination in the hiring process in germany and norway as expected age discrimination is more prominent in germany where the hiring probability of equally qualified applicants is reduced by about 22 percentage points due to an age differential of 14 years as opposed to only 12 percentage points in norway within both countries the tendency to discriminate does not differ between students and personnel managers and does not depend on the age of the decision maker the phenomenon of unemployment among older workers is characterized less by the risk of becoming unemployed than by the problem of remaining unemployed and failing to find new work frerichs and naegele 1998 p 59

is it retirement or unemployment induced retirement and constrained labour supply among older workers this paper uses the 1986 labour market activity survey of statistics canada to examine the importance of labour demand for hours of work and labour force participation among older workers it tests a model of constrained labour supply against a nested unconstrained alternative and concludes that constraints on weeks of work are empirically significant for older workers a significant fraction of retirement decisions are also influenced by the belief that there are no jobs available

rat race redux adverse selection in the determination of work hours in law firms this paper describes an organizational setting in which professional employees are required to work inefficiently long hours the focus of the authors investigation is large law firms the income sharing that characterizes legal partnerships creates incentives to promote associates who have a propensity to work very hard law firms use indicators of this propensity especially an associate s record of billable hours in promotion decisions reliance upon work hours as an indicator leads to a rat race equilibrium in which associates work too many hours the authors find evidence in support of this conclusion with data they collected from two large law firms copyright 1996 by american economic association

understanding consumer animosity in an international crisis nature antecedents and consequences the nature antecedents and consequences of consumer animosity during the 1997 asian economic crisis are investigated based on a large scale survey of 2000 adult consumers representative of five affected nations indonesia malaysia singapore south korea and thailand an animosity model was developed and tested with the us and japan as target countries as predicted stable and situational animosity reduced willingness to buy products from a perceived hostile national entity affective evaluations and cognitive judgments were negatively influenced by situational animosity but not by stable animosity as expected situational animosity was increased by external attribution perceived external control and stable animosity implications of these findings are discussed and directions for future research suggested

employment and retirement following a late career job loss the frequency of job loss among workers in late career has risen disproportionately in recent years the effects of job loss on these workers are potentially severe their earnings capacity savings and retirement expectations are likely to be dramatically affected and they may take substantially longer to be re employed however despite these reasons for heightened concern relatively little is known about the economic consequences of late career job loss among recent cohorts of workers this paper presents findings from an ongoing research project using the health and retirement study that focuses on the economic impacts of late career job loss on employment and retirement patterns as well as on earnings and assets this abstract was borrowed from another version of this item

communication in multilateral bargaining one of the most robust phenomena in the experimental literature on multilateral bargaining is the failure of proposers to extract equilibrium rents however all previous experiments have overlooked the fact that outside the lab committee members are allowed to and do engage in sometimes intense communication processes prior to voting on a proposal we conduct an experimental test of the baron ferejohn model in which we allow committee members to engage in unrestricted cheap talk communication before a proposal is submitted we find that proposers extract a significantly higher share of resources when communication is allowed communication increases proposer power through two channels first it mitigates the uncertainty surrounding the amount a coalition member is willing to accept second it allows potential coalition members to compete for a place in the coalition by lowering this stated price