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Heigh Ho,Heigh Ho: flexible labor contracts with real option characteristics
Authors:Byrne  Julie  Pecchenino  Rowena A
Institution:1.Michael Smurfit Graduate School of Business, University College Dublin, Blackrock, Co. Dublin, Ireland
;2.Department of Economics, Finance and Accounting, Maynooth University, National University of Ireland, Maynooth, Maynooth, Co. Kildare, Ireland
;
Abstract:Business Economics - What is the strategic value of flexible labor contracts to workers? To answer this question, we examine workers’ labor supply decisions when choosing among alternative...
Keywords:
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