This paper describes a search model with a continuum of worker and job types, free entry and transferable utility. We apply a second-order Taylor expansion to characterize the equilibrium, derive the "cost of search" and show that it is decreasing in the substitutability of worker types. This...

The transition from school to work and the problems associated with it have recently hit centre stage in discussions of employment policy at National and International contexts. Recently coordinated efforts also at the international level have begun to make themselves felt. In particular, the...

The workforce planning problem of hiring, dismissing and promoting has been the perennial difficulty of HR management. To cope with uncertain attrition, we propose a new approach of finding a course of action that safeguards against violating organizational target-meeting constraints such as...

Understanding how decisions are made plays an important role in strategic management. Exploration is conducted as to whether the classical approach or the Bayesian approach is more frequently used in the strategic management decision-making literature. A sample of 51 decision-related articles is...