Slide 1Vertical Monopoly Econ 311 Slide 2 Vertical Monopoly Bad Economist Joke: – Q: Whats worse than one monopolist? – A: Two monopolists How does monopoly power work…

Slide 1 Recruitment and effort of teachers The principal-agent problem Kjell G. Salvanes Slide 2 Background Slide 3 n Description of the results so far: u More resources…

Chapter 07 Part II Defining Competitiveness Designing Pay Levels, Mix, and Pay Structures External Competitiveness: Determining the Pay Level 7 - ‹#› McGraw-Hill/Irwin…

Defining Competitiveness Compensation Strategy: External Competitiveness External competitiveness is expressed in practice by: Setting a pay level that is above, below, or…

Recruitment and effort of teachers The principal-agent problem Kjell G. Salvanes Background Background Description of the results so far: More resources in general does not…