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...
| Publicado en: | RAND Journal of Economics (Wiley-Blackwell) Vol. 44; no. 2; pp. 361 - 390 |
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| Autores principales: | , |
| Formato: | Artículo |
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Wiley-Blackwell
Summer2013
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| Materias: | |
| Acceso en línea: | Ver este registro en EBSCOhost |