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Crowding out effect and sorting in competitive labor markets with motivated workers
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Crowding out effect and sorting in competitive labor markets with motivated workers
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| dc.contributor.author | Cunyat, Antoni | |
| dc.date.accessioned | 2017-05-15T10:24:18Z | |
| dc.date.available | 2017-05-15T10:24:18Z | |
| dc.date.issued | 2016 | |
| dc.identifier.citation | Cunyat, Antoni 2016 Crowding out effect and sorting in competitive labor markets with motivated workers Working Paper IVIE Serie AD 2016-06 1 19 | |
| dc.identifier.uri | http://hdl.handle.net/10550/58529 | |
| dc.description.abstract | We consider a competitive labor market with moral hazard and adverse selection where firms employ teams of two workers. There exist two types of workers: selfish workers and motivated workers. Selfish workers only respond to monetary incentives. Motivated workers not only respond to monetary incentives but their behavior is also driven by intrinsic motivation. However, if a firm chooses an output-based reward system, their intrinsic motivation is undermined. We obtain that self-selection into contracts separating workers based on their motivation is feasible, provided that the crowding out effect is powerful enough. More importantly, all firms have expected positive profits. Our model produces in this case heterogeneity at the firm level. | |
| dc.language.iso | eng | |
| dc.relation.ispartof | Working Paper IVIE Serie AD, 2016, num. 2016-06, p. 1-19 | |
| dc.subject | Motivació (Psicologia) | |
| dc.subject | Personal Selecció | |
| dc.title | Crowding out effect and sorting in competitive labor markets with motivated workers | |
| dc.type | journal article | es_ES |
| dc.date.updated | 2017-05-15T10:24:18Z | |
| dc.identifier.doi | 10.12842/WPAD-2016-06 | |
| dc.identifier.idgrec | 117548 | |
| dc.rights.accessRights | open access | es_ES |
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