On 28th November OxTalks will move to the new Halo platform and will become 'Oxford Events' (full details are available on the Staff Gateway).
There will be an OxTalks freeze beginning on Friday 14th November. This means you will need to publish any of your known events to OxTalks by then as there will be no facility to publish or edit events in that fortnight. During the freeze, all events will be migrated to the new Oxford Events site. It will still be possible to view events on OxTalks during this time.
If you have any questions, please contact halo@digital.ox.ac.uk
Does an employer benefit from inducing differential value distributions for a promotion among his workers? Workers compete by exerting effort and higher effort corresponds to higher profit for the employer. Introducing inequalities in valuations makes workers’ values more easily recognisable, reducing their information rent, which in turn increases effort. At the same time, inequalities lead to differences in promotion attainment, even if realised values are identical. This corresponds to a decrease in competition. We show that if value is re-distributed, the reduction in information rent outweighs the loss in competition, making discrimination between workers optimal.
Link to paper: drive.google.com/file/d/1KMfpWh8pxCerEn7kYwtnosvlloYNs6hk/view
Sign up for meetings here: docs.google.com/spreadsheets/d/1WTp83AxJaVGv6sMlwBer43q68i43dAe9BSeyb26ypa4/edit#gid=0
