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What determines volunteer work? On the effects of adverse selection and intrinsic motivation

Nadia Burani and Arsen Palestini ()

Economics Letters, 2016, vol. 144, issue C, 29-32

Abstract: We analyse the screening problem of a firm hiring workers without knowing their ability while observing their intrinsic motivation. We show that volunteerism is the contractual outcome when workers are low-skilled, have high motivation, and are protected by limited liability.

Keywords: Volunteer work; Adverse selection; Intrinsic motivation; Limited liability (search for similar items in EconPapers)
JEL-codes: C61 D82 D86 J41 M55 (search for similar items in EconPapers)
Date: 2016
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