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Re:Who Stole the Four-Hour Workday? by JamesBarney on Wednesday August 20, 2014 @05:43PM (#8204834)
I think the economic theory that is more appropriate is Tournament Theory.

http://en.wikipedia.org/wiki/Tournament_theory

Re:Who Stole the Four-Hour Workday? by cousin_it on Wednesday August 20, 2014 @05:46PM (#8204847)
Thanks for the link! I wasn't aware of it.