An Economic Analysis of Identity and Career Choice

Standard economic models which focus on pecuniary payoffs cannot explain why there arehighly able individuals who choose careers with low pecuniary returns. Therefore, financialincentives are unlikely to be effective in influencing career choices of these individuals.Based on Akerlof and Kranton (2000), we consider a model of career choice and identitywhere individuals derive non-pecuniary identity payoffs...

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Year of publication:	2007-10-01
Authors:	Knoth Humlum, Maria ; Kleinjans, Kristin J. ; Skyt Nielsen, Helena
Institutions:	Forschungsinstitut zur Zukunft der Arbeit <Bonn>
Subject:	Hochschulbildung \| Berufswahl \| Selbstverständnis

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Extent:	250880 bytes 36 p. application/pdf
Series:	IZA - Forschungsinstitut zur Zukunft der Arbeit - Discussion Papers IZA Discussion Paper ; No. 3120 (2007)
Type of publication:	Book / Working Paper
Language:	English
Classification:	I21 - Analysis of Education ; Personnel administration. Human resources management. General ; Individual Working Papers, Preprints ; No country specification
Source:	USB Cologne (business full texts)

Persistent link: https://www.econbiz.de/10005861530