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Motivated Agents with Career Concerns: Signalling skills and organizational involvement

Author

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  • Shchetinin, Oleg

    (Department of Economics, School of Business, Economics and Law, Göteborg University)

Abstract

The paper studies the interaction between two kinds of incentives: career concerns and intrinsic motivation emerging from agent’s alignment with organization’s objectives or another source of organizational involve- ment. The information on both skills and involvement can be asymmetric and is updated over time, as in standard career concerns model. It is shown that career concerns is weakened for the involved agent. The agent with low involvement can be more aggressive in career and reputation building at the earlier stages of career, but will be outperformed by the more involved agent in the long-run. The results of the analysis are applied to a number of contexts.

Suggested Citation

  • Shchetinin, Oleg, 2012. "Motivated Agents with Career Concerns: Signalling skills and organizational involvement," Working Papers in Economics 524, University of Gothenburg, Department of Economics.
    • Handle: RePEc:hhs:gunwpe:0524
    as

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    File URL: http://hdl.handle.net/2077/28409
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    References listed on IDEAS

    as
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    7. Mathias Dewatripont & Ian Jewitt & Jean Tirole, 1999. "The Economics of Career Concerns, Part I: Comparing Information Structures," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 66(1), pages 183-198.
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    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    career concerns; motivated agents; reputation building; mission driven organizations;
    All these keywords.

    JEL classification:

    • D64 - Microeconomics - - Welfare Economics - - - Altruism; Philanthropy; Intergenerational Transfers
    • D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design
    • M52 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - Compensation and Compensation Methods and Their Effects

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