The shirking model principle states that

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    workers will shirk when the markets are competitive regardless of the wage they receive.
     workers will shirk as long as they value leisure time more than they do the competitive wage.
     workers will leave the labor force to engage in leisure as long as employers pay only the competitive market equilibrium wage.
     workers still have an incentive to shirk even if employers pay the competitive wage because they know if they lose their job they can find another quickly, for the same wage.
asked Jun 2, 2013 in Economics by anonymous
    

1 Answer

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workers still have an incentive to shirk even if employers pay the competitive wage because they know if they lose their job they can find another quickly, for the same wage.
answered Jun 3, 2013 by Xyz ~Expert~ (3,650 points)



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