Learning by doing, adverse selection and firm structure
Article Abstract:
Worker productivity depends significantly on the firm's structure. The adverse selection process works on the premise that employer's know only the ability of the employee. Analysis reveals that worker productivity is enhanced if previous work experiences are similar to present duties. In learning by doing, the firm's level of integration will determine the degree of worker allocation efficiency across productive activities.
Publication Name: Journal of Economic Behavior & Organization
Subject: Economics
ISSN: 0167-2681
Year: 1992
User Contributions:
Comment about this article or add new information about this topic:
Analyzing historical and regional patterns of technical change from a classical-Marxian perspective
Article Abstract:
Most countries indicate a Marxian economic pattern in technical change 1964-1990. However, in the 1980s, new patterns emerged.
Publication Name: Journal of Economic Behavior & Organization
Subject: Economics
ISSN: 0167-2681
Year: 2003
User Contributions:
Comment about this article or add new information about this topic:
Technology and distribution: historical trajectories a la Marx
Article Abstract:
Few labor productivity increases come without capital productivity losses.
Publication Name: Journal of Economic Behavior & Organization
Subject: Economics
ISSN: 0167-2681
Year: 2003
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Informal economy, wage goods and accumulation under structural adjustment theoretical reflections based on the Tanzanian experience
- Abstracts: Learning-by-doing and the choice of technology: the role of patience. High bids and broke winners
- Abstracts: Deviations from purchasing power parity and capital flows. The use of technical analysis in the foreign exchange market
- Abstracts: Cointegration and market efficiency. Cointegration tests of a long-run relation between money demand and the effective exchange rate
- Abstracts: Deviations from purchasing power parity and capital flows. Animal spirits, investment and international capital movements