Showing 1 - 2 of 2
We investigate a competitive labor market with team production. Workers differ in their motivation to exert team effort and types are private information. We show that there can exist a separating equilibrium in which workers self-select into different firms and firms employing cooperative...
Persistent link: https://www.econbiz.de/10003784391
on existing theories of competition in markets with adverse selection. -- Asymmetric information ; competition ; adverse …
Persistent link: https://www.econbiz.de/10003831629