Learning by doing, adverse selection and firm structure / Ian E. Novos Novos, Ian E

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Novos, Ian E
Appears In
Journal of Economic Behavior & Organization
Employees - Training of.; Labor productivity -- Research; Organizational research -- Economic aspects
Worker productivity depends significantly on the firm's structure. The adverse selection process works on the premise that employer's know only the ability of the employee. Analysis reveals that worker productivity is enhanced if previous work experiences are similar to present duties. In learning by doing, the firm's level of integration will determine the degree of worker allocation efficiency across productive activities.
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