This study reports on computational experiments for an agent-based labor market model with adaptive c hoice and refusal of worksite partners and with endogenously evolving worksite behaviors. Two treatment factors are experimentally varied: market structure; and ex ante capacity constraints on potential work oers and job openings. Particular attention is focused on experimentally determined cor...

This paper argues that the existence of knowledge-intensive firms pose puzzelments for the contractual theories of the firm. For example, in knowledge-intensive firms physical assets are widely absent, the nature of employment relations and assetownership are much less clear compared to industrial firms. Although knowledge-intensive firms account for a growing share in wealth-creation and emplo...

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 evolv ing work site behavior Three types of labor market structures are exam ined two sided markets comprising workers and employers partially uid markets comprising pure workers pure employers and agents capable ...