Using a team-production model with heterogeneous workers, we examine the short- and long-run efficiency effects of skill diversity and leadership in teams. Our analysis focuses on workers' strategic incentives to manipulate their skills. In the short run, heterogeneous pairing (pairing workers...

In this paper, an explanation for the diminishing marginal product of labor is demonstrated in a model that incorporates the concept of entropy from information theory. First, I introduce the concept of “division of work” and argue that the division of work (i.e., the allocation of tasks in...

The Complex South-Transdanubian Regional Competitiveness Research The Complex South-Transdanubian Regional Competitiveness Research took place between 2005-2007 in Baranya, Somogy and Tolna counties. The goal of the research was to find out the most important factors of competitiveness. The...

This paper aims to describe the different point of view in collective behavior between legal context and business context. As in business context, in which collective bargaining concerns about a monetary system, a group of farmers can use collective bargaining as a tool to deal with injustice...

Due to the nature of globalization and increased competition levels more and more companies send their employees abroad to gain experience and knowledge. However, at some point, these companies need to repatriate their employees and bring them back into the fold. Currently there exists a very...

This paper provides a theory of rational offer of training policy and efficiency wage by industrial firms. We show that the main determinants of training Policy depends on the level of qualification of workers, the level of control within the firm and its productive structure. The optimal...

Economic development presumes not only the existence of formal institutions such as property rights and the rule of law under which behave economic agents, but also certain norms or social values that promote exchange, savings and investments. In this context, we discuss cultural dimension of...

In this paper, we introduce firm heterogeneity in the context of a model of non-compliance with minimum wage legislation. The introduction of heterogeneity in the ease with which firms can be monitored for non compliance allows us to show that non-compliance will persist in sectors which are...

This paper aims to analyze how work overload influences turnover intentions of newly hired public accountants. Job satisfaction, work related stress and work life conflicts are used as mediating variable between work overload and turnover intention. This study employed 141 auditors from several...

The objective of this paper is to examine the factors influencing worker’s job satisfaction aside the conventional factors (personal background, individual labour market characteristics, organisational culture, and so on) and introduce the basic cultural values and beliefs, and then to put...