Models of wages and incentives contracts in the conditions of information asymmetry on the labor market

The theoretical model of a perfectly competitive market leads to the efficient allocation of resources, and one of the assumptions of that model is complete information of market participants. In reality, however, market participants are usually asymmetrically informed. The goal of this analysis is...

Full description

Bibliographic Details
Main Authors: Nada Trivic, Bojana Todic
Format: Article
Language:English
Published: University of Kragujevac 2022-04-01
Series:Economic Horizons
Subjects:
Online Access:https://horizonti.ekfak.kg.ac.rs/sites/default/files/Casopis/2022_1/EH_2022_1_en_3_NT.pdf