ScholarWorks@숙명여자대학교

초록

The right to arrange flexible work hours provides workers with increased utility and productivity. A job that allows employees to schedule their own work hour provides job satisfaction, and employees tend to have less mobility towards another job. We present a model that is compatible with these effects of flexible work hours. Our worker is assumed to have a Cobb-Douglas utility from consumption and leisure and maximizes expected discounted lifetime utility.

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