2020
DOI: 10.1111/jems.12342
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Strategic shirking in competitive labor markets: A general model of multi‐task promotion tournaments with employer learning

Abstract: In a multitask, market-based promotion tournament model, under different environments concerning employer learning about worker ability, it is shown that: (a) asymmetric learning in multitask jobs is a necessary condition for "strategic shirking" (i.e., underperforming on certain tasks to increase the promotion probability); (b) when learning becomes increasingly symmetric on one task, the effort allocated to that task could increase or decrease, but effort on the other task increases; (c) strategic shirking d… Show more

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Cited by 1 publication
(1 citation statement)
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“…The literature studied the interaction between different tasks, as well as how to optimize the assignment of tasks among different professional agents [9,10]. The dynamic model proposed to study how to handle multi-task situations when employees have a certain specialty was also investigated [11,12]. However, the above studies did not consider the case that the incentive object can be difficult to replace among different tasks, and the incentive object itself is relatively homogenous.…”
Section: Theoretical Background 21 Multi-task Principal-agent Theorymentioning
confidence: 99%
“…The literature studied the interaction between different tasks, as well as how to optimize the assignment of tasks among different professional agents [9,10]. The dynamic model proposed to study how to handle multi-task situations when employees have a certain specialty was also investigated [11,12]. However, the above studies did not consider the case that the incentive object can be difficult to replace among different tasks, and the incentive object itself is relatively homogenous.…”
Section: Theoretical Background 21 Multi-task Principal-agent Theorymentioning
confidence: 99%