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Eberhard Karls Universität Tübingen >
Wirtschaftswissenschaftliche Fakultät, Universität Tübingen >
University of Tübingen Working Papers in Economics and Finance >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/45469
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Full metadata record
| DC Field | | Value | | Language |
| dc.contributor.author | | Hyll, Walter | | en_US |
| dc.contributor.author | | Stark, Oded | | en_US |
| dc.date.accessioned | | 2011-05-09T09:39:11Z | | - |
| dc.date.available | | 2011-05-09T09:39:11Z | | - |
| dc.date.issued | | 2011 | | en_US |
| dc.identifier.pi | | urn:nbn:de:bsz:21-opus-55974 | | en_US |
| dc.identifier.uri | | http://hdl.handle.net/10419/45469 | | - |
| 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_US |
| dc.language.iso | | eng | | en_US |
| dc.publisher | | Univ. Tübingen | | en_US |
| dc.relation.ispartofseries | | University of Tübingen working papers in economics and finance 6 | | en_US |
| dc.subject.jel | | D01 | | en_US |
| dc.subject.jel | | D21 | | en_US |
| dc.subject.jel | | J22 | | en_US |
| dc.subject.jel | | J24 | | en_US |
| dc.subject.jel | | J31 | | en_US |
| dc.subject.jel | | M54 | | en_US |
| dc.subject.ddc | | 330 | | en_US |
| dc.subject.keyword | | Social comparisons | | en_US |
| dc.subject.keyword | | Heterogeneous workforce | | en_US |
| dc.subject.keyword | | Relative deprivation | | en_US |
| dc.subject.keyword | | Effort exertion | | en_US |
| dc.subject.keyword | | Earnings gap | | en_US |
| dc.subject.keyword | | Earnings compression | | en_US |
| dc.title | | On the economic architecture of the workplace: repercussions of social comparisons amongst heterogeneous workers | | en_US |
| dc.type | | Working Paper | | en_US |
| dc.identifier.ppn | | 657435937 | | en_US |
| dc.rights | | http://www.econstor.eu/dspace/Nutzungsbedingungen | | en_US |
| dc.identifier.repec | | RePEc:zbw:tuewef:6 | | - |
| Appears in Collections: | | University of Tübingen Working Papers in Economics and Finance
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