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Item Type Article
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AA00260492-20080000-0017  
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Title
Title A Strategic Model of Technology Adoption and Labor Specialization  
Kana  
Romanization  
Other Title
Title  
Kana  
Romanization  
Creator
Name Dasgupta, Sugato  
Kana  
Romanization  
Affiliation Department of Economics, Jadavpur University, Kolkata, India  
Affiliation (Translated)  
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Edition
 
Place
Tokyo  
Publisher
Name Keio Economic Society, Keio University  
Kana  
Romanization  
Date
Issued (from:yyyy) 2008  
Issued (to:yyyy)  
Created (yyyy-mm-dd)  
Updated (yyyy-mm-dd)  
Captured (yyyy-mm-dd)  
Physical description
 
Source Title
Name Keio economic studies  
Name (Translated)  
Volume 45  
Issue  
Year 2008  
Month  
Start page 17  
End page 37  
ISSN
00229709  
ISBN
 
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Abstract
What determines a worker's skilllevel? l build a model that emphasizes strategic interactions between workers and firms. Suppose a worker invests in skills corresponding to a specific technology, denoted Z. In a situation where wage determination occurs through bilateral bargaining, the worker is unable to extract her entire marginal product. Rather the worker's bargaining power and, hence, her compensation depend on the number of firms with technology たAn increase in the number of potential employers raises the fraction of the marginal product captured by the worker and encourages skill development. In my model, the technology adoption decisions of firms and the skillacquisition decisions of workers are jointly determined. The model shows that in equilibrium, all firms adopt the same technology. Howeverけhis equilibrium allocation is generally inefficient.
 
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Keyword
Hold-up  

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Technology adoption  
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Language
英語  
Type of resource
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Journal Article  
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Dec 16, 2009 09:00:00  
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Dec 16, 2009 09:00:00  
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/ Public / Faculty of Economics / Keio economic studies / 45 (2008)
 
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