Rat Race Redux Adverse Selection in the Determination of Work Hours
Rat Race Redux Adverse Selection in the Determination of Work Hours
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In our eReader you can find the full English version of the book. Read Rat Race Redux Adverse Selection in the Determination of Work Hours Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Rat Race Redux Adverse Selection in the Determination of Work Hours
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In these groups compiementarites among employees are such that small differences in an individual's level of performance can generate large differences in the value of output produced by the group. 16 Teams of professionals developing new products with short product life cycles (e. G. , software engineers) may therefore be especially likely to be characterized by excessive work norms.
Rat race effects might also appear in the competition for managerial positions in hierarchical settings where t...he actions of managers high up in the hierarchy have a multiplicative effect on output through their influence on employees lower down in the hierarchy (Rosen, 1982).
' 6 Kremer (1993) argues that "o-nng" production functions are ubiquitous and can account for a very long list of otherwise anomalous features of labor markets.
15 The separating equilibrium we identify is clearly inefficient relative to the full information case. Of more interest is the finding that the equilibrium can be inefficient even given information constraints.
What to read after Rat Race Redux Adverse Selection in the Determination of Work Hours?
You can find similar books in the "Read Also" column, or choose other free books by Rene M Landers to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
In these groups compiementarites among employees are such that small differences in an individual's level of performance can generate large differences in the value of output produced by the group. 16 Teams of professionals developing new products with short product life cycles (e. G. , software engineers) may therefore be especially likely to be characterized by excessive work norms.
Rat race effects might also appear in the competition for managerial positions in hierarchical settings where t...he actions of managers high up in the hierarchy have a multiplicative effect on output through their influence on employees lower down in the hierarchy (Rosen, 1982).
' 6 Kremer (1993) argues that "o-nng" production functions are ubiquitous and can account for a very long list of otherwise anomalous features of labor markets.
15 The separating equilibrium we identify is clearly inefficient relative to the full information case. Of more interest is the finding that the equilibrium can be inefficient even given information constraints.
What to read after Rat Race Redux Adverse Selection in the Determination of Work Hours?
You can find similar books in the "Read Also" column, or choose other free books by Rene M Landers to read onlineMoreLess
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