| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5059692 | Economics Letters | 2012 | 4 Pages |
Abstract
⺠In gift exchange games employers offer lower wages with the risk of losing money. ⺠Effort per wage unit is significantly higher with employers' risk of losing money. ⺠Employers' risk of losing money increases employees' reciprocity. ⺠Risk of losing money increases the credibility of high wage offers as trust signals. ⺠Fairness perception of wages may vary with firm specific cost and risk structure.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Karina Gose, Abdolkarim Sadrieh,