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attenuation of incentives, or the role of routines and incentives. It implies a perceptional theory of the firm that is realistic …
Persistent link: https://www.econbiz.de/10009251371
Recent thinking has emphasized the importance of consistency in a firm’s compensation policy. By starting from Williamson’s ideas about idiosyncratic exchange, this view can be supplied with some theoretical foundation. At the same time, the consistency view can be applied to a number of...
Persistent link: https://www.econbiz.de/10005763891
In this paper, we develop a theoretical model of worker investment in safety. Standard theory assumes that injury risk … individual safety investments that reduce the risk of injury. This results in a negative association between individual injury … safety. In line with our model predictions, we find a significant positive compensating wage differential (CWD) for nonfatal …
Persistent link: https://www.econbiz.de/10010666574
and consequences of occupational safety and health (OSH). First, it synthesizes the available theoretical frameworks used … improve the health and safety of workers. …
Persistent link: https://www.econbiz.de/10008480916