Macpherson, David A.; Prasad, Kislaya; Salmon, Timothy C. - In: Journal of Economic Behavior & Organization 102 (2014) C, pp. 90-107
We compare the ability of two common compensation structures, efficiency wages (EW) and deferred compensation (DC), at inducing effort from workers. We test predictions on effort provision and elicit preferences between the two wage structures. The theoretical predictions on effort are generally...
