文章基本信息

标题：Department of Business Administration MBA, Payame Noor University, PO Box 19395-3697 Tehran, Iran.
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作者：Pu-Yan Nie ; Yu Ren
期刊名称：African Journal of Business Management
印刷版ISSN：1993-8233
出版年度：2011
卷号：5
期号：34
页码：13066-13073
DOI：10.5897/AJBM11.2182
语种：English
出版社：Academic Journals
摘要：This paper focuses on human capital in the economy and entry deterrence when human capital is captured by a firm. A dynamic game theory model about one firm and a potential entrant is established to characterize entry deterrence with human capital. This study first argues that higher fixed set-up and transfer costs deter entrants. Second, to efficiently deter the entrants, the firm is inclined to contract workers with high contract termination compensation requirements. Finally, contracts with high termination compensation can accommodate monopolization and reduce competition for skilled labor.
关键词：Entry deterrence; commitment; trained workers; human capital; game theory