Showing 1 - 3 of 3
. Depending on the treatment, the variable payment is either a piece rate, a tournament or a revenue-sharing scheme. We elicit … findings are as follows. First, output is much higher in the variable pay schemes (piece rate, tournament, and revenue sharing …
Persistent link: https://www.econbiz.de/10005703774
We develop a product market theory that identifies determinants of worker turnover and explains why firms invest in …
Persistent link: https://www.econbiz.de/10005703400
We consider a three-stage game to examine how market integration affects firms’ incentives to provide general worker training. In stage 1, firms invest in productivity-enhancing training. In stage 2, they can make wage offers for each others’ workers. Finally, Cournot competition takes...
Persistent link: https://www.econbiz.de/10005566526