, are the first to leave the firm (Last In, First Out; LIFO). Second, workers’ wages rise with seniority (= a worker … to seniority in wages. Efficiency in hiring requires the workers’ bargaining power to be in line with their share in the …

This paper addresses the impact information has on electoral accountability in a legislative system based on seniority … is inconsequential when seniority is exceptionally valuable. Seniority advantage presents the opportunity to shirk at the …

seniority of a legislature affects government spending. We develop a legislative bargaining model that predicts a U …-shaped relationship between average seniority and spending: the amount of government spending decreases as the average seniority of the … legislature increases from low to moderate, while it increases as the average seniority increases from moderate to high. Our model …

literature for how the total production of legislation changes if all members gained seniority is less clear. Increased levels … and dispersion of seniority within Congress generate a cartel-like effect, whereby legislators restrict the quantity of …

activities manifest a form of seniority in every contracting problem in which they are present: any change that occurs in the …