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book (19)


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1979 (19)

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Book
Rank-Order Tournaments as Optimum Labor Contracts
Authors: --- ---
Year: 1979 Publisher: Cambridge, Mass. National Bureau of Economic Research

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Abstract

This paper analyzes compensation schemes which pay according to an individual's ordinal rank in an organization rather than his output level. When workers are risk neutral, it is shown that wages based upon rank induce the same efficient allocation of resources as an incentive reward scheme based on individual output levels. Under some circumstances, risk-averse workers actually prefer to be paid on the basis of rank. In addition, if workers are heterogeneous inability, low-quality workers attempt to contaminate high-quality firms, resulting in adverse selection. However, if ability is known in advance, a competitive handicapping structure exists which allows all workers to compete efficiently in the same organization.


Book
Compensation and reward perspectives : [readings
Author:
ISBN: 0256022291 9780256022292 Year: 1979 Publisher: Homewood, Ill.: Irwin,

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Book
Some provisions of the law of the Republic of China relevant to civil and criminal liability
Authors: --- ---
Year: 1979 Publisher: Washington, D.C. : Far Eastern Law Division, Law Library, Library of Congress,

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Book
Handbuch des Schuldrechts
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ISBN: 3166413626 Year: 1979 Publisher: Tübingen

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Book
Principes Rosicruciens pour le Foyer et les Affaires
Authors: ---
Year: 1979 Publisher: Villeneuve-Saint-Georges Editions Rosicruciennes

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Book
Human capital and wage differentials in a dynamic theory of the firm
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ISBN: 9516530907 Year: 1979 Publisher: Helsinki

Africanisation, nationalisation and inequality : mining labour and the copperbelt in Zambian development
Author:
ISBN: 0521227194 0521296234 9780521227193 Year: 1979 Volume: 4 Publisher: Cambridge Cambridge University Press


Book
Quantitative Sozialpolitik, Finanzsysteme und Pensionsversicherung
Author:
ISBN: 3700102798 9783700102793 Year: 1979 Volume: 345 14 Publisher: Wien: Österreichische Akademie der Wissenschaften,

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