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6.6, work and wages, the labor discipline model. Before going through this section let me give you an overview of this model. Every job market has two sides: on one side there are workers and on the other side there are employers. Employers offer wages to workers and in return they expect the workers to carry out certain tasks and put a lot of effort into their job. However, at the other end, the workers decide how much effort theyre going to put into their job, depending on the wage that is offered to them. Now lets pause and go back and look at the situation from a perspective of the employer. Of course any employer wants to make sure that the workers put 100 percent of their effort into their job. They can do this potentially by doing different things, for instance they can specify all the things they expect the workers to do in their contract from day one, or they can visually monitor the performance of their workers, or ask the workers to fill out reports of what theyve done o
