Multidimensional heterogeneity and the economic importance of risk and matching: evidence from contractual data and field experiments.

We measure the cost of risk and the benefits of matching heterogeneous workers to risk levels within a firm that pays its workers piece rates. The workers of this firm are heterogeneous in two dimensions: risk preferences and ability. Our results suggest that workers' willingness to pay to avoid ris...

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Detalles Bibliográficos

Publicado en:	RAND Journal of Economics (Wiley-Blackwell) Vol. 44; no. 2; pp. 361 - 390
Autores principales:	Bellemare, Charles, Shearer, Bruce
Formato:	Artículo
Publicado:	Wiley-Blackwell Summer2013
Materias:	Heterogeneity Employees Field research Multidimensional databases Willingness to pay
Acceso en línea:	Ver este registro en EBSCOhost