Discuss at least three theories in labor economics

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Reference no: EM132183760

"If employers can't easily get accurate information from their actual or potential employees about their ability, productivity, and willingness to work hard and stay on the job, then employers will have to figure out mechanisms that will make these persons willing to do things that will send a clear indication of their ability productivity, and willingness to work hard and stay on the job." Discuss at least three theories in labor economics in which employers have figured out such mechanisms to sort out worker with higher productivity.

Reference no: EM132183760

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