G2TT
来源类型Discussion paper
规范类型论文
来源IDDP7658
DP7658 Screening, Competition, and Job Design: Economic Origins of Good Jobs
Klaus Schmidt; Ernst Fehr; Björn Bartling
发表日期2010-01-24
出版年2010
语种英语
摘要In recent decades, many firms offered more discretion to their employees, often increasing the productivity of effort but also leaving more opportunities for shirking. These "high-performance work systems" are difficult to understand in terms of standard moral hazard models. We show experimentally that complementarities between high effort discretion, rent-sharing, screening opportunities, and competition are important driving forces behind these new forms of work organization. We document in particular the endogenous emergence of two fundamentally distinct types of employment strategies. Employers either implement a control strategy, which consists of low effort discretion and little or no rent-sharing, or they implement a trust strategy, which stipulates high effort discretion and substantial rent-sharing. If employers cannot screen employees, the control strategy prevails, while the possibility of screening renders the trust strategy profitable. The introduction of competition substantially fosters the trust strategy, reduces market segmentation, and leads to large welfare gains for both employers and employees.
主题Public Economics
关键词Job design High-performance work systems Screening Reputation Competition Trust Control Social preferences Complementarities
URLhttps://cepr.org/publications/dp7658
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/536495
推荐引用方式
GB/T 7714
Klaus Schmidt,Ernst Fehr,Björn Bartling. DP7658 Screening, Competition, and Job Design: Economic Origins of Good Jobs. 2010.
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