1. In contrast to Chapters 13 and 18 which identified some costs of EPLs, this chapter suggests...

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1. In contrast to Chapters 13 and 18 which identified some costs of EPLs, this chapter suggests at least two reasons why EPLs (or a commitment by a firm to provide job security) might raise worker productivity. What are those two reasons? Based on all their potential costs and benefits, under what conditions do you think EPLs are most likely to be harmful? When are they more likely be beneficial?

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