search query: @indexterm Co-operation / total: 981
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| Author: | Kosfeld, M. Siemens, F.A.von |
| Title: | Worker self-selection and the profits from cooperation |
| Journal: | Journal of the European Economic Association
2009 : APR-MAY, VOL. 7:2-3, p. 573-582 |
| Index terms: | labour markets team work co-operation motivation profit |
| Language: | eng |
| Abstract: | This paper examines a competitive labor market with team production. Workers differ in their motivation to exert team effort and types are private information. It is shown that there can exist a separating equilibrium where workers self-select into different firms. Firms employing cooperative workers make strictly positive profits. The results indicate that profit differences across firms persist because cooperation strictly increases output and worker separation requires firms employing cooperative workers to pay out weakly lower wages. |
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