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Capital utilization and work schedules: the welfare costs of shiftworking

Authors
Journal
Economics Letters
0165-1765
Publisher
Elsevier
Publication Date
Volume
73
Issue
2
Identifiers
DOI: 10.1016/s0165-1765(01)00484-0
Keywords
  • Leisure
  • Capital Utilization
  • Shiftworking

Abstract

Abstract Using physical capital longer requires either longer hours or unsocial schedules through shiftworking. This note suggests how to incorporate shiftworking into a utility function. Multiple shifts are welfare decreasing because people have to forego ‘better’ leisure, i.e. leisure with higher value such as nights.

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