The Economics of The Office

Search Committee Part 1

The office puts together a search committee to hire a new boss. One candidate (played by Warren Buffet), negotiates for a higher wage and then asks about job perks. A good example of bargaining and the principal-agent problem that arises in the workplace.

Season 7 Episode 24 "Search Committee"

Wage Level and Structure (J31) Compensation Packages (J33)

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