Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5060537 | Economics Letters | 2012 | 4 Pages |
Abstract
⺠Early Selection guarantees the selection before the revelation of one's skills. ⺠Early selection creates a moral hazard problem. ⺠Early selection increases effort when the selection is competitive. ⺠Early selection is less likely to encourage effort from more able individuals.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Kangoh Lee,