We analyze the screening problem of a firm hiring workers without knowing their ability while observing their intrinsic motivation. We show that volunteerism is the contractual outcome when workers are low-skilled, have high motivation, and are protected by limited liability.
What determines volunteer work? On the effects of adverse selection and intrinsic motivation / Burani, Nadia; Palestini, Arsen. - In: ECONOMICS LETTERS. - ISSN 0165-1765. - STAMPA. - 144:(2016), pp. 29-32. [10.1016/j.econlet.2016.04.014]
What determines volunteer work? On the effects of adverse selection and intrinsic motivation
PALESTINI, Arsen
2016
Abstract
We analyze the screening problem of a firm hiring workers without knowing their ability while observing their intrinsic motivation. We show that volunteerism is the contractual outcome when workers are low-skilled, have high motivation, and are protected by limited liability.File allegati a questo prodotto
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