Optimal Assignment of Soldiers to Service-Units: A Supply and Demand Framework

• 영문명: Optimal Assignment of Soldiers to Service-Units: A Supply and Demand Framework
• 발행기관: 한국계량경제학회
• 저자명: 박미리(Miri Park) 이준배(Joonbae Lee)
• 간행물 정보: 『JOURNAL OF ECONOMIC THEORY AND ECONOMETRICS』Vol.34 No.4, 1~35쪽, 전체 35쪽
• 주제분류: 경제경영 > 경제학
• 파일형태: PDF
• 발행일자: 2023.12.31

영문 초록

This study proposes a method for improving the quality of the soldierto- service-unit assignment of mandatory service soldiers in Korea by designing a proper pecuniary incentive. Based on soldiers’ preferences (supply) and the demand of units, we calculate the optimal allocation and compensating wage differentials using the Hungarian algorithm, a commonly used method for solving linear programming problems. The calculated outcome of the optimal allocation and compensating wage differentials achieves Pareto efficiency, which maximizes the sum of utility from military service while minimizing wage expenditure. In addition, the presented compensatory wage differentials are marketclearing prices based on a general equilibrium approach, which is flexible and responds to the demand and supply of the military internal labor market.

목차

1. INTRODUCTION

2. LITERATURE REVIEW

3. THEORETICAL BACKGROUND

4. SIMULATION

5. CONCLUSION

REFERENCES

키워드

Compensating wage differentials linear programming optimal assignment problem fair allocation internal labor market