This paper explores the behavior of a model economy with search frictions and bilateral asymmetric information. Firms commit to employment contracts in an effort to attract workers. When a worker and firm meet, the worker must decide whether to supply effort to the employment relationship, thereby affecting the distribution of a match-specific productivity shock. Only the worker observes her ef...

Software Cost Estimation with resounding reliability, productivity and development effort is a challenging and onerous task. This has incited the software community to give much needed thrust and delve into extensive research in software effort estimation for evolving sophisticated methods. Estimation by analogy is one of the expedient techniques in software effort estimation field. However, th...

Labor productivity is more procyclical in OECD countries with lower employment volatility. To capture this new stylized fact, we propose a business cycle model adjustment costs, variable hours and labor effort. We show that, our effort, greater market frictions are associated as well stable employment. In contrast, the constant-effort fails to replicate observed cross-country pattern data. By i...

In Bartling, Fehr and Schmidt (2012) we show theoretically and experimentally that it is optimal to grant discretion to workers if (i) discretion increases productivity, (ii) workers can be screened by past performance, (iii) some workers reciprocate high wages with high effort and (iv) employers pay high wages leaving rents to their workers. In this paper we show experimentally that the produc...

This paper explores a new TM-based CAT tool entitled CATaLog. New features have been integrated into the tool which aim to improve post-editing both in terms of performance and productivity. One of the new features of CATaLog is a color coding scheme that is based on the similarity between a particular input sentence and the segments retrieved from the TM. This color coding scheme will help tra...

Industrial Automation is a broad field among other engineering disciplines. The major activities of Automation stem from manufacturing industries and include cycle time improvement, productivity improvement, cost reduction, efficiency improvement, materials handling, analyze and improve the work methods, to eliminate waste and proper allocation and utilization of resources. Automation in a manu...

This paper compares Bertrand and Cournot equilibria in a differentiated duopoly with R6D (research and development) competition. It shows that Cournot competition induces more R6D effort than Bertrand competition. However, the price is lower and output is larger in Bertrand than in Cournot competition. Furthermore, the Bertrand equilibrium is more efficient than the Cournot equilibrium if eithe...

Post-editing performed by translators is an increasingly common use of machine translated texts. While high quality MT may increase productivity, post-editing poor translations can be a frustrating task which requires more effort than translating from scratch. For this reason, estimating whether machine translations are of sufficient quality to be used for post-editing and finding means to redu...