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We investigate the effect of employee heterogeneity on the incentive to put forth effort in a market-based tournament. Employers use the tournament's outcome to estimate employees' abilities and accordingly condition their wage offers. Employees put forth effort, because by doing so they...
Persistent link: https://www.econbiz.de/10009680209
should be reconceptualized as the entirety of the behavioral choices an applicant makes during recruitment. Specifically … recruitment process, and ultimately to accept or reject offers of employment. The primary goals of this chapter are to review job … choice theory and extant research, and to present a process model articulating the goals, reactions, and decisions involved …
Persistent link: https://www.econbiz.de/10014138259
This paper characterizes efficient labor-market allocations in a labor selection model. The model's crucial aspect is cross-sectional heterogeneity for new job contacts, which leads to an endogenous selection threshold for new hires. With cross-sectional dispersion calibrated to microeconomic...
Persistent link: https://www.econbiz.de/10011306109
This paper characterizes efficient labor-market allocations in a labor selection model. The model's crucial aspect is cross-sectional heterogeneity for new job contacts, which leads to an endogenous selection threshold for new hires. With cross-sectional dispersion calibrated to microeconomic...
Persistent link: https://www.econbiz.de/10011317662
consistent with a view of the labor market in which firms post wages and workers direct their search based on these wages if …
Persistent link: https://www.econbiz.de/10012977631
consistent with a view of the labor market in which firms post wages and workers direct their search based on these wages if …
Persistent link: https://www.econbiz.de/10012978735
Persistent link: https://www.econbiz.de/10011583999
consistent with a view of the labor market in which firms post wages and workers direct their search based on these wages if …
Persistent link: https://www.econbiz.de/10012455765
Persistent link: https://www.econbiz.de/10011551179
This paper investigates the effects of managerial incentives on favoritism in promotion decisions. First, we theoretically show that favoritism leads to a lower quality of promotion decisions and in turn lower efforts. But the effect can be mitigated by pay-for-performance incentives for...
Persistent link: https://www.econbiz.de/10009232290