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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/10011402873
integration has no effect on training incentives. -- general training ; human capital ; oligopoly ; turnover …
Persistent link: https://www.econbiz.de/10001957223
We study how to efficiently motivate policy-makers to solve political multitask problems. Political multi-task problems typically have outcomes that are difficult to measure. Moreover, there are conflicts among citizens about optimal policies and the agents have the power to tax the citizens to...
Persistent link: https://www.econbiz.de/10011962135
In this paper we examine the possibilities a principal in a public organization has to motivate agents for productivity improvements where standard stick and carrot incentives cannot be used. The principal's only incentive device is a reallocation of budgets and tasks across agents depending on...
Persistent link: https://www.econbiz.de/10014034602
We consider an in nitely repeated reappointment game in a principal- agent relationship. Typical examples are voter-politician or government- public servant relationships. The agent chooses costly effort and enjoys being in office until he is deselected. The principal observes a noisy signal of...
Persistent link: https://www.econbiz.de/10010221102
We consider an infinitely repeated reappointment game in a principal-agent relationship. Typical examples are voter-politician or government-public servant relationships. The agent chooses costly effort and enjoys being in office until he is deselected. The principal observes a noisy signal of...
Persistent link: https://www.econbiz.de/10014152779
We examine how globalization affects firms incentives to train workers. In our model, firms invest in productivity-enhancing worker training before Cournot competition takes place. When two separated product markets become integrated and are thus replaced with a market with greater demand and...
Persistent link: https://www.econbiz.de/10010315570
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/10010262533
Persistent link: https://www.econbiz.de/10001474205
Are politicians who are concerned about the public's beliefs regarding their competence and their preferences bad politicians? We consider a model where the public is unsure about the competence of an agent and whether the agent is concerned about the consequences of policy decisions (statesman)...
Persistent link: https://www.econbiz.de/10014167076