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Job seeker or the potential employer

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Who has more information in the job market: the job seeker or the potential employer?

Provide two examples of incentive-compatible mechanisms that reduce the principal-agent problem.

In Spence's model, does the educated job seeker receive higher wages because education increases the worker's productivity?

Does the buyer or seller of insurance typically have better information?

How do warranties and guarantees act as signals?

Reference no: EM131502329

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