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Regularly rotating agents between jobs in firms may lower the ratchet effect. Specifically, job rotation could disentangle the influence of current performance on agents' future incentives. In this paper, we conduct a controlled experiment to test the effectiveness of job rotation in eliminating...
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This paper studies career concerns in groups where workers can allocate effort between their own tasks and other group members' tasks. We first theoretically investigate how workers allocate effort when they have career concerns. Then, we study their decisions when the labor market can only...
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