Fershtman, Chaim (contributor); Heifetz, Aviad (contributor) - 2002 - [Elektronische Ressource]
, Alexis de Tocqueville, Karl Marx and John Stuart Mill
(for recent surveys see Elster (1989), Aaron (1994) and Bowles (1998 … by a random matching process. In each
firm individuals need to determine their action or activity level x
i
. x
i …
canbeviewedas
on-the-job training. The government may choose to subsidize the activity level x
i
with
a monetary compensation of sx …