Difference between revisions of "Insider-outsider model"
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− | [[Insider-outsider model]] is a model that divides | + | [[Insider-outsider model]] is a model that divides [[worker]]s into "insiders" already working for the firm who know the procedures and "outsiders" who are recent or prospective hires. |
==Definition== | ==Definition== | ||
According to [[Principles of Economics by Timothy Taylor (3rd edition)]], | According to [[Principles of Economics by Timothy Taylor (3rd edition)]], | ||
− | :[[Insider-outsider model]]. A model that divides | + | :[[Insider-outsider model]]. A model that divides [[worker]]s into "insiders" already working for the firm who know the procedures and "outsiders" who are recent or prospective hires. |
[[Category: Economics]][[Category: Articles]] | [[Category: Economics]][[Category: Articles]] |
Latest revision as of 08:06, 2 June 2020
Insider-outsider model is a model that divides workers into "insiders" already working for the firm who know the procedures and "outsiders" who are recent or prospective hires.
Definition
According to Principles of Economics by Timothy Taylor (3rd edition),
- Insider-outsider model. A model that divides workers into "insiders" already working for the firm who know the procedures and "outsiders" who are recent or prospective hires.