How Do Trading Firms Upgrade Skills and Technology: A Theoretical Model
This paper studies the mechanisms of skill upgrading in trading firms by developing a theoretical model that relates the individual’s incentives for acquiring higher skills to the profit-maximizing behaviour of trading firms. The model shows that only the high ability individuals have incentives for...
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| Format: | Article |
| Language: | English |
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University of Ljubljana
2015-12-01
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| Series: | Economic and Business Review |
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| Online Access: | http://www.ebrjournal.net/ojs/index.php/ebr/article/view/389/pdf_38 |