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Author: | Panico, C. |
Title: | Employment relationships in knowledge-based firms: Who should have power? |
Journal: | European management review
2009 : VOL. 6:2, p.120-129 |
Index terms: | contracts incentives negotiation control bargaining |
Language: | eng |
Abstract: | The relationship between an employer and a knowledge worker is investigated when an arrangement is set ex-ante to affect the relative bargaining position in the ex-post negotiation. The focus is on what drives the employer's decision to endow the worker with the rights to control the deployment of valuable resources when this choice affetcs the bargaining power in the negotiation. The analysis highlights how different informational asymmetries impact on the employer's problem of designing the employment contract to be offered to worker. |
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