Díaz, Rodrigo (contributor); Meller, Patricio (contributor) - 2003 - [Elektronische Ressource]
begin by studying talent’s optimal
effort decision in each possible case.
3.2. Some simple economics of effort
Effort when the …) There exists v
∗
∈ (v
h
,1) such that RS
c
(v,1;I) is maximal.
The economics of Proposition 3.8 reflects the central trade …