Hennig-Schmidt, Heike; Rockenbach, Bettina; Sadrieh, … - 2008 - Updated version of paper no 55
We present a field experiment to assess the effect of own and peer wage variations on actual work effort of employees … additional real-effort laboratory experiment we show that explicit cost and surplus information that enables to exactly calculate … employer's surplus from the work contract is a crucial prerequisite for a positive wage-effort relation. This demonstrates that …