We analyse 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
BURANI, NADIA;PALESTINI, ARSEN
2016
Abstract
We analyse 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 in questo prodotto:
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volunteerEL_appendix_accepted.pdf
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burani_economics letters.pdf
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