Benabou, Roland; Tirole, Jean - Institute for the Study of Labor (IZA) - 2013
compensation. The model combines multitasking and screening, embedded into a Hotelling-like framework. Competition for the most …This paper analyzes the impact of labor market competition and skill-biased technical change on the structure of … perfect competition, the resulting efficiency loss can be much larger than that imposed by a single firm or principal, who …