Fizel, John; Krautmann, Anthony C.; Hadley, Lawrence - In: Managerial and Decision Economics 23 (2002) 7, pp. 427-435
Equity theory argues that workers examine their job performance and salaries relative to workers in comparable situations. If compensation is inequitable, workers may adjust their behavior. We test the hypothesis that an arbitration-eligible player in Major League Baseball is more likely to file...