Natalie Packham
Biographic Data
| ID | 11125486 |
|---|---|
| NAME | Natalie Packham |
| GIVEN NAMES | Natalie |
| FAMILY NAME | Packham |
| SIGNATURE | PACKHAM N |
| ORCID | 0000-0002-8065-747X |
| VERIFIED | No |
| TOTAL WORKS | 1 |
| TOTAL CITATIONS | 0 |
| WORKS AS AUTHOR | 1 |
| WORKS AS EDITOR | 0 |
| FIRST PUBLICATION YEAR | 2021 |
| LATEST PUBLICATION YEAR | 2021 |
| H-INDEX | 0 |
Differentiation and Risk Aversion in Imperfectly Competitive Labor Markets
We examine the effect of imperfect labor market competition on the efficiency of compensation schemes in a setting with moral hazard and risk-averse agents who have private information on their ability. Two heterogeneous firms compete for agents by offering contracts with fixed and variable payments. When competition is low, low-ability agents are underincentivized, exerting too little effort. When competition is high, high-ability agents are ove…
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Differentiation and Risk Aversion in Imperfectly Competitive Labor Markets
We examine the effect of imperfect labor market competition on the efficiency of compensation schemes in a setting with moral hazard and risk-averse agents who have private information on their ability. Two heterogeneous firms compete for agents by offering contracts with fixed and variable payments. When competition is low, low-ability agents are underincentivized, exerting too little effort. When competition is high, high-ability agents are ove…
Adverse selection (1 work) · Competition (biology) (1 work) · Corporate Finance and Governance (1 work) · Cournot competition (1 work) · Economic Policies and Impacts (1 work) · Economics (1 work) · Expected utility hypothesis (1 work) · Financial economics (1 work) · Imperfect competition (1 work) · Incentive (1 work)