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This paper examines lotteries and seniority queues as forms of commodity bundling price discrimination. There are good and bad seats, and two types of potential purchasers. Offered the choice of a high-priced good seat and a moderately-priced bundle of good and bad seats, customers self-select...
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The paper extends the theoretical approach in Lazear (1986, 1996) to show that jobs with performance related pay (PRP) attract workers of higher unobservable ability, and also induce workers to provide greater effort. We then test some of the predictions of this model against data from the...
Persistent link: https://www.econbiz.de/10005504474
According to surprising raw data from the British Household Panel Survey, full-time women are more likely than men to be promoted. Controlling for observed and unobserved individual heterogeneity, we find that women are promoted at roughly the same rate as men, but receive smaller wage increases...
Persistent link: https://www.econbiz.de/10005504661
This paper uses a new data source to investigate whether wages rise more with seniority in unionized or non-unionized workplaces. The data distinguish workers who are covered by incremental wage scales with automatic progression by seniority. For union workers with seniority scales, the union...
Persistent link: https://www.econbiz.de/10005656195
This paper uses the British Household Panel Survey to investigate when seniority is rewarded by automatic incremental scales. Scales are seen as an alternative to individual merit pay. They are likely to be used when individual productivity is hard to measure, when firms provide all workers with...
Persistent link: https://www.econbiz.de/10005656227
Using a unique data source on academic economist labour market experiences, we explore gender, pay and promotions. In addition to earnings and productivity measures, we have information on outside offers and perceptions of discrimination. In contrast to the existing literature, we find both a...
Persistent link: https://www.econbiz.de/10005656428
This paper considers a model with monopolistic competition and multiple equilibria, rankable by output, employment, and the Pareto criterion. While papers in the literature assume a linear production technology and derive a continuum of equilibria, the author assumes a standard diminishing...
Persistent link: https://www.econbiz.de/10005814904
This paper considers how the behaviour of the two London opera houses differs from profit-maximisation, possibly in response to the high level of government funding and private donations. The opera houses put on more innovative and artistically rewarding operas than would be the case with...
Persistent link: https://www.econbiz.de/10005548646