Long, Ngo Van; Soubeyran, Antoine; Soubeyran, Raphael - Centre Interuniversitaire de Recherche en Analyse des … - 2014
In this paper, we consider a knowledge accumulation problem within an organization. We depart from the human capital … the knowledge outside the organization. We study how the employer optimally distorts the knowledge accumulation path and … chooses a wage profile in order to mitigate the commitment problem. We show that knowledge accumulation is delayed: the …