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A product market theory of training and turnover in firms
Gersbach, Hans; Schmutzler, Armin - 2001
We develop a product market theory that explains why firms invest in general training of their workers. We consider a …
Persistent link: https://www.econbiz.de/10001610642
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Preemptive behavior in sequential tournaments
Jost, Peter-J.; Kräkel, Matthias - 2000
sequential tournament, under certain conditions the first acting agent chooses a preemptively high effort so that the following …
Persistent link: https://www.econbiz.de/10001502463
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Envy and compassion in tournaments
Grund, Christian - 2002
Persistent link: https://www.econbiz.de/10013268917
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Oligopsony, institutions and the efficiency of general training
Booth, Alison L. - 2002
Persistent link: https://www.econbiz.de/10013268886
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Centralized bargaining and reorganized work : are they compatible?
Lindbeck, Assar; Snower, Dennis J. - 1999
Persistent link: https://www.econbiz.de/10001407409
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The hold-down problem and the boundaries of the firm : lessons from a hidden action model with endogenous outside option
Schnedler, Wendelin; Sunde, Uwe - 2002
Persistent link: https://www.econbiz.de/10001672586
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The virtue of being underestimated : a note on discriminatory contracts in hidden information models
Schnedler, Wendelin - 2001
A standard hidden information model is considered to study the influence of the a priori productivity distribution on the optimal contract. A priori more productive (hazard rate dominant) agents work less, enjoy lower rents, but generate a higher expected surplus.
Persistent link: https://www.econbiz.de/10001630241
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The performance of performance standards
Heckman, James J.; Heinrich, Carolyn J.; Smith, Jeffrey A. - 2002
Persistent link: https://www.econbiz.de/10001694278
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Unions and the labor market for managers
DiNardo, John E.; Hallock, Kevin F.; Pischke, Jörn-Steffen - 2000
We examine the relationship between the employment and compensation of managers and CEOs and the presence of a … monitoring, which requires more managers. The model also assumes rent sharing between workers, managers and the owners of the … firm. Unions, by redistributing rents towards the workers, lead to lower employment and lower pay for managers. Using a …
Persistent link: https://www.econbiz.de/10001486542
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The optimal size for a minority
Rapoport, Hillel; Weiss, Avi - 2001
We investigate a setting in which members of a population, bifurcated into a majority and a minority, transact with randomly matched partners. All members are uniformly altruistic, and each transaction can be carried out cooperatively or through a market mechanism, with cooperative transactions...
Persistent link: https://www.econbiz.de/10001605246