- Conference date: 25–30 September 2008
- Location: Hersonissos, Crete (Greece)
Mathematically we can say that people become unhappier with the time if they keep their jobs. To solve this problem we will analyze the evolution of wages in relation with the effort level when the employee maintains his job or he is promoted. We will suppose that we have a small collectivity and we will have lifetime employment and we will prove that the promotion model is based on a Markov chain.
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