Bandiera, Oriana; Barankay, Iwan; Rasul, Imran - In: Labour Economics 15 (2008) 4, pp. 724-748
The existence of social ties between co-workers affect many aspects of firm and worker behavior, such as how workers respond to a given set of incentives, the optimal compensation structures for workers at different tiers of the firm hierarchy, and the optimal organizational design for the firm....