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We investigate the impact of wage comparisons for worker productivity. We present three studies which all use three-person gift-exchange experiments. Consistent with Akerlof and Yellen's (1990) fair wage-effort hypothesis we find that disadvantageous wage discrimination leads to lower efforts...
Persistent link: https://www.econbiz.de/10013148288
Persistent link: https://www.econbiz.de/10008667306
We investigate the impact of wage comparisons for worker productivity. We present three studies which all use three-person gift-exchange experiments. Consistent with Akerlof and Yellen's (1990) fair wage-effort hypothesis we find that disadvantageous wage discrimination leads to lower efforts...
Persistent link: https://www.econbiz.de/10003934053
Persistent link: https://www.econbiz.de/10008933264
We investigate the impact of wage comparisons for worker productivity. We present three studies which all use three-person gift-exchange experiments. Consistent with Akerlof and Yellen's (1990) fair wage-effort hypothesis we find that disadvantageous wage discrimination leads to lower efforts...
Persistent link: https://www.econbiz.de/10003908626
endowment effect experiment by eliciting both WTA and WTP from each of our 360 subjects (randomly selected customers of a car …
Persistent link: https://www.econbiz.de/10008738472
reciprocity toward employers: in this case own wage is a powerful determinant of own effort, but co-worker wages have no effect … is also pronounced when the employer pays unequal wages to the employees: in this case the co-worker's effort decision is …
Persistent link: https://www.econbiz.de/10013325039
This paper investigates how social comparison information about referent others (i.e. learning what similar others do and how they are treated) affects reciprocal relationships. Using a three-person gift-exchange game we study how employees' reciprocity towards an employer is affected by...
Persistent link: https://www.econbiz.de/10003990216
reciprocity toward employers: in this case own wage is a powerful determinant of own effort, but co-worker wages have no effect … is also pronounced when the employer pays unequal wages to the employees: in this case the co-worker's effort decision is …
Persistent link: https://www.econbiz.de/10003740149
reciprocity toward employers: in this case own wage is a powerful determinant of own effort, but co-worker wages have no effect … is also pronounced when the employer pays unequal wages to the employees: in this case the co-worker's effort decision is …
Persistent link: https://www.econbiz.de/10003747659