Intro -- Contents -- Acknowledgements -- 1. Introduction -- 2. Methods -- 3. Time and Location -- 4. Morale -- 5. Company Risk Aversion -- 6. Internal Pay Structure -- 7. External Pay Structure -- 8. The Shirking Theory -- 9. The Pay of New Hires in the Primary Sector -- 10. Raises -- 11....

Frontmatter -- CONTENTS -- ACKNOWLEDGMENTS -- 1 INTRODUCTION -- 2 METHODS -- 3 TIME AND LOCATION -- 4 MORALE -- 5 COMPANY RISK AVERSION -- 6 INTERNAL PAY STRUCTURE -- 7 EXTERNAL PAY STRUCTURE -- 8 THE SHIRKING THEORY -- 9 THE PAY OF NEW HIRES IN THE PRIMARY SECTOR -- 10 RAISES -- 11 RESISTANCE...

This book presents an exposition of general equilibrium theory for advanced undergraduate and graduate-level students of economics. It contains discussions of economic efficiency, competitive equilibrium, the welfare theorems, the Kuhn-Tucker approach to general equilibrium, the Arrow-Debreu...

An uncertainty averse Knightian decision maker has a set of probability distributions over outcomes and chooses something other than the status quo only if the change increases the expected payoff according to all the distributions. It is possible to define a standardized degree of uncertainty...