Equity and Efficiency in Multi-Worker Firms: Insights from Experimental Economics
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- Jose Rojas-Fallas & J. Forrest Williams, 2020. "Wage Differences Matter: An Experiment of Social Comparison and Effort Provision when Wages Increase or Decrease," Games, MDPI, vol. 11(4), pages 1-12, December.
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More about this item
Keywords
laboratory experiments; wage setting; equity; gift exchange; reciprocity; incomplete contracts; incentives; organizational economics;All these keywords.
JEL classification:
- J33 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Compensation Packages; Payment Methods
- D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
- M52 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - Compensation and Compensation Methods and Their Effects
- C92 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Group Behavior
- J41 - Labor and Demographic Economics - - Particular Labor Markets - - - Labor Contracts
NEP fields
This paper has been announced in the following NEP Reports:- NEP-CBE-2011-05-30 (Cognitive and Behavioural Economics)
- NEP-EVO-2011-05-30 (Evolutionary Economics)
- NEP-EXP-2011-05-30 (Experimental Economics)
- NEP-HRM-2011-05-30 (Human Capital and Human Resource Management)
Statistics
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