Pencavel, John H. (pauline K. Levin-robert L. Levin And Pauline C. Levin-abraham Levin Professor, Stanford University) Diminishing returns at work 9780190876166

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Автор: Pencavel, John H. (pauline K. Levin-robert L. Levin And Pauline C. Levin-abraham Levin Professor, Stanford University)
Название: Diminishing returns at work
ISBN: 9780190876166
Издательство: Oxford Academ
Классификация:

Экономика

Экономика трудовых ресурсов

ISBN-10: 0190876166
Обложка/Формат: Hardcover
Страницы: 272
Вес: 0.41 кг.
Дата издания: 12.07.2018
Язык: English
Размер: 150 x 217 x 21
Читательская аудитория: General (us: trade)
Подзаголовок: The consequences of long working hours
Ссылка на Издательство: Link
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Поставляется из: Англии
Описание: The relationship between the number of hours worked and productivity has long fascinated economists and management. It is a central component of the production function that translates inputs to outputs. While increasing the number of hours someone works may increase output, this incisive book
demonstrates that there are diminishing returns to long working hours.

John H. Pencavel provides an overview of how the length of working hours evolved from the 19th century to today and how the number of working hours affects work performance and other outcomes, including health, well-being, and wages. Diminishing Returns at Work provides a brief history of working
hours both in the United States and Britain, including the influence of trade unions pushing for shorter hours of work, the tension with employers who resisted reducing hours, and the influence of legislation and custom. Pencavel discusses various conceptual frameworks for specifying production
functions that measure the relationship between inputs and outputs and develops an alternative approach to estimate actual relationships through a reevaluation of classic studies, including the productivity of munitions workers in Britain during the First and Second World Wars and plywood mills in
Washington during the 1980s among others.

The declining effectiveness of long hours is manifested not only in marketable output but also in a rising probability of ill-health and accidents, and evidence of this has been found both for blue-collar workers and for white-collar workers. In short, shorter hours of work might benefit both firms
and workers.

Diminishing returns at work, Pencavel, John H. (pauline K. Levin-robert L. Levin And Pauline C. Levin-abraham Levin Professor, Stanford University)