Job Insecurity isn't Always Efficient by Federal Trade Commission

Job Insecurity isn't Always Efficient

Federal Trade Commission

34 pages missing pub info (editions)

nonfiction business economics medium-paced
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Description

Workers value job security. If at least some workers value it enough, then it is efficient for at least some firms to adopt policies in which they commit (implicitly or explicitly) not to dismiss employees except for "just-cause," as opposed to po...

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