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Read the Nucor Steel case. Using the vocabulary from class, describe in about 300 to 500 words the pay scheme that Nucor uses. What effect
Read the Nucor Steel case. Using the vocabulary from class, describe in about 300 to 500 words the pay scheme that Nucor uses. What effect do you think this has had on productivity? Some points to think about: 1. relationship between effort and outcome 2. risk aversion of the workers 3. multidimensionality of the job
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