On the Economic Architecture of the Workplace: Repercussions of Social Comparisons amongst Heterogeneous Workers

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dc.contributor.author Hyll, Walter de_DE
dc.contributor.author Stark, Oded de_DE
dc.date.accessioned 2011-04-26 de_DE
dc.date.accessioned 2014-03-18T10:03:41Z
dc.date.available 2011-04-26 de_DE
dc.date.available 2014-03-18T10:03:41Z
dc.date.issued 2011 de_DE
dc.identifier.other 343283948 de_DE
dc.identifier.uri http://nbn-resolving.de/urn:nbn:de:bsz:21-opus-55974 de_DE
dc.identifier.uri http://hdl.handle.net/10900/47843
dc.description.abstract We analyze the impact on a firm’s profits and optimal wage rates, and on the distribution of workers’ earnings, when workers compare their earnings with those of co-workers. We consider a low-productivity worker who receives lower wage earnings than a high-productivity worker. When the low-productivity worker derives (dis)utility not only from his own effort but also from comparing his earnings with those of the high-productivity worker, his response to the sensing of relative deprivation is to increase the optimal level of effort. Consequently, the firm’s profits are higher, its wage rates remain unchanged, and the distribution of earnings is compressed. en
dc.language.iso en de_DE
dc.publisher Universität Tübingen de_DE
dc.rights ubt-podno de_DE
dc.rights.uri http://tobias-lib.uni-tuebingen.de/doku/lic_ohne_pod.php?la=de de_DE
dc.rights.uri http://tobias-lib.uni-tuebingen.de/doku/lic_ohne_pod.php?la=en en
dc.subject.classification Einkommen de_DE
dc.subject.ddc 330 de_DE
dc.subject.other Social comparisons , Heterogeneous workforce , Relative deprivation , Effort exertion, Earnings gap, Earnings compression en
dc.title On the Economic Architecture of the Workplace: Repercussions of Social Comparisons amongst Heterogeneous Workers en
dc.type ResearchPaper de_DE
utue.publikation.fachbereich Wirtschaftswissenschaften de_DE
utue.publikation.fakultaet 6 Wirtschafts- und Sozialwissenschaftliche Fakultät de_DE
dcterms.DCMIType Text de_DE
utue.publikation.typ workingPaper de_DE
utue.opus.id 5597 de_DE
utue.publikation.source University of Tübingen Working Papers in Economics and Finance ; 6 de_DE

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