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We develop a model in which competition in the labor market may produce worker-firm matches that are inferior to those obtained in the absence of competition. This result contrasts with the conventional wisdom that competition among employers allocates scarce talent efficiently. In a model in...
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We investigate how the selection process of a leader affects team performance with respect to social learning. We use a … that random leaders are better able to use the knowledge within the team. We can show that it is the declaration of the … to the fact that overly influential leaders mislead their team. …
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The employment structure of India's organised manufacturing sector has undergone substantial changes over the last decade with a steep rise in the use of contract workers in place of directly hired workers. Much of the existing literature has attributed the widespread use of contract labour to...
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