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The onset of global competition in the 1970s began to change the manufacturing environment drastically. The advent of the computer created an opportunity for the developers of material requirements planning (MRP) concepts to automate many of the manual practices employed in manufacturing for...
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This paper considers the effect of status or relative income on work effort combining experimental evidence from a gift-exchange game with ISSP survey data. We find a consistent negative effect of others' incomes on individual effort in both datasets. The individual's rank in the income...
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