Michael Gibbs Livres

Economics is a methodology that has been applied to many areas of human behavior, and has had enormous influence on the study of organizations and human resources. Developed by much of the founding research from Edward Lazear, this economic approach in these areas adds rigor, structure, and clarifies many important issues. The goal of this text is to give the reader a rigorous framework for understanding organizational design and the management of employees. Not only will students learn and apply ideas from microeconomics, but they will also learn principles that will be valuable in their future careers.

The analysis focuses on the pay competitiveness and quality of civilian scientific and engineering personnel in Department of Defense laboratories from 1982 to 1996. It utilizes demographic, pay, promotion, and performance data to assess whether skill returns increased similarly to the private sector. The findings reveal minimal changes in both the returns to skills and the quality of the workforce in DoD labs during this period, suggesting stability in the recruitment and retention of scientists and engineers.