Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5059557 | Economics Letters | 2013 | 5 Pages |
Abstract
When an employee in a gift exchange game earns significantly less than the employer, the source of employer income does not affect effort choices. However, to induce one unit of effort, the employer has to pay higher wages than in a game without payoff inequality.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Karina Gose,