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Article: Competing for talents

TitleCompeting for talents
Authors
KeywordsOrganization Competition
Peer Effect
Resource Distribution
Sorting
Issue Date2012
PublisherAcademic Press. The Journal's web site is located at http://www.elsevier.com/locate/jet
Citation
Journal Of Economic Theory, 2012, v. 147 n. 6, p. 2190-2219 How to Cite?
AbstractTwo organizations compete for high quality agents from a fixed population of heterogeneous qualities by designing how to distribute their resources among members according to their quality ranking. The peer effect induces both organizations to spend the bulk of their resources on higher ranks in an attempt to attract top talents that benefit the rest of their membership. Equilibrium is asymmetric, with the organization with a lower average quality offering steeper increases in resources per rank. High quality agents are present in both organizations, while low quality agents receive no resources from either organization and are segregated by quality into the two organizations. A stronger peer effect increases the competition for high quality agents, resulting in both organizations concentrating their resources on fewer ranks with steeper increases in resources per rank, and yields a greater equilibrium difference in average quality between the two organizations. © 2012 Elsevier Inc. All rights reserved.
Persistent Identifierhttp://hdl.handle.net/10722/177805
ISSN
2015 Impact Factor: 1.097
2015 SCImago Journal Rankings: 2.587
ISI Accession Number ID

 

DC FieldValueLanguage
dc.contributor.authorDamiano, Een_US
dc.contributor.authorLi, Hen_US
dc.contributor.authorSuen, Wen_US
dc.date.accessioned2012-12-19T09:39:57Z-
dc.date.available2012-12-19T09:39:57Z-
dc.date.issued2012en_US
dc.identifier.citationJournal Of Economic Theory, 2012, v. 147 n. 6, p. 2190-2219en_US
dc.identifier.issn0022-0531en_US
dc.identifier.urihttp://hdl.handle.net/10722/177805-
dc.description.abstractTwo organizations compete for high quality agents from a fixed population of heterogeneous qualities by designing how to distribute their resources among members according to their quality ranking. The peer effect induces both organizations to spend the bulk of their resources on higher ranks in an attempt to attract top talents that benefit the rest of their membership. Equilibrium is asymmetric, with the organization with a lower average quality offering steeper increases in resources per rank. High quality agents are present in both organizations, while low quality agents receive no resources from either organization and are segregated by quality into the two organizations. A stronger peer effect increases the competition for high quality agents, resulting in both organizations concentrating their resources on fewer ranks with steeper increases in resources per rank, and yields a greater equilibrium difference in average quality between the two organizations. © 2012 Elsevier Inc. All rights reserved.en_US
dc.languageengen_US
dc.publisherAcademic Press. The Journal's web site is located at http://www.elsevier.com/locate/jeten_US
dc.relation.ispartofJournal of Economic Theoryen_US
dc.subjectOrganization Competitionen_US
dc.subjectPeer Effecten_US
dc.subjectResource Distributionen_US
dc.subjectSortingen_US
dc.titleCompeting for talentsen_US
dc.typeArticleen_US
dc.identifier.emailSuen, W: hrneswc@hkucc.hku.hken_US
dc.identifier.authoritySuen, W=rp00066en_US
dc.description.naturelink_to_subscribed_fulltexten_US
dc.identifier.doi10.1016/j.jet.2012.09.002en_US
dc.identifier.scopuseid_2-s2.0-84869106990en_US
dc.identifier.hkuros246476-
dc.identifier.eissn1095-7235-
dc.identifier.isiWOS:000313232600004-
dc.publisher.placeUnited Statesen_US
dc.identifier.scopusauthoridDamiano, E=9239291100en_US
dc.identifier.scopusauthoridLi, H=55247524700en_US
dc.identifier.scopusauthoridSuen, W=7006977946en_US
dc.identifier.citeulike11790214-

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