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We explore the interface of idiosyncratic work arrangements (i-deals) and economic theory on private information. To that end, we model i-deals as informal supervisor-employee agreements, and use the principal-agent framework from economics to form linkages between the two literatures. We first...
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We model an employee's decision to pursue an innovative idea at his employing firm (internally) or as a start-up (externally). We characterize an idea by its market profitability and the degree of positive/negative externality that it imposes on the employing firm's profits. The innovation...
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Employee Retention is the biggest challenge that Human Resource Management is facing today. The uncertainty of a changing economy, increasing competition and diversity in the workplace have compelled the organisations to hold on to their top performers at whatever cost they have to pay. It is a...
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