Career Concerns and Belief Precision about Talent
In this paper, we study effort incentives in the labor market when talent is learned over time. We build a career concerns model in which agents can be promoted. We show that effort can increase in the precision of beliefs about talent, unlike the result obtained in the seminal paper of Holmström (1...
|Place of publication:||
|published in:||Annals of economics and statistics no. 139; pp. 87 - 104|
|Data of publication:||20200901|
|Online Access:||available in Bonn?|
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