Reputation concerns under at-will employment
We study a continuous-time model of long-run employment relationship with fixed wage and at-will firing; that is, termination of the relationship is non-contractible. Depending on his type, the worker either always works hard, or can freely choose his effort level. The firm does not know the worker’s t...
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| Main Authors: | , |
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| Format: | text |
| Language: | English |
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Institutional Knowledge at Singapore Management University
2019
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| Subjects: | |
| Online Access: | https://ink.library.smu.edu.sg/lkcsb_research/7038 https://ink.library.smu.edu.sg/context/lkcsb_research/article/8037/viewcontent/SSRN_id3424122.pdf |
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| Institution: | Singapore Management University |
| Language: | English |