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We study how workers' concern for coworkers' ability (CfCA) affects competition in the labor market. We consider two firms offering nonlinear contracts to a unit mass of prospective workers. Firms may differ in their marginal productivity, while workers are heterogeneous in their ability (high...
Persistent link: https://www.econbiz.de/10012698649
Persistent link: https://www.econbiz.de/10011713465