STRATEGIC SHIRKING: A THEORETICAL ANALYSIS OF MULTITASKING AND SPECIALIZATION
成果类型:
Article
署名作者:
DeVaro, Jed; Guertler, Oliver
署名单位:
California State University System; California State University East Bay; University of Cologne
刊物名称:
INTERNATIONAL ECONOMIC REVIEW
ISSN/ISSBN:
0020-6598
DOI:
10.1111/iere.12166
发表日期:
2016
页码:
507-532
关键词:
incentive contracts
career concerns
Job rotation
COORDINATION
LABOR
DELEGATION
ECONOMICS
DESIGN
CHOICE
work
摘要:
We provide a new theory to explain why firms multitask workers instead of specializing them. Workers overperform in tasks they like and underperform in tasks they dislike to favorably influence future job assignments. Anticipating this, firms may find it optimal to commit to future multitasking to induce workers to appropriately allocate effort early in the employment relationship. We show that when the product market is volatile, so that future product prices are uncertain, the firm's ability to credibly commit to a multitasking strategy diminishes. This generates a negative relationship between multitasking and product market volatility, consistent with recent empirical evidence.
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