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- W1588727176 abstract "Analyses about supervision technology are not frequent in economic literature. This paper analyses an efficiency wage model with an endogenous choice of supervision technology. Starting from Shapiro and Stiglitz (1984) and Bowles (1985) modelsAÂAÂ I show a model with an endogenous and costly supervision technology to better explain the behaviour of firms and workers under asymmetric information in the labour market. In particular, I show how firms allocate costs between wages and supervision under these hypotheses and how unemployment affects this distribution." @default.
- W1588727176 created "2016-06-24" @default.
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- W1588727176 date "2001-12-01" @default.
- W1588727176 modified "2023-09-27" @default.
- W1588727176 title "Efficiency wages and endogenous supervision technology" @default.
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