Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/45469 
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dc.contributor.authorHyll, Walteren
dc.contributor.authorStark, Odeden
dc.date.accessioned2011-05-09T09:39:11Z-
dc.date.available2011-05-09T09:39:11Z-
dc.date.issued2011-
dc.identifier.piurn:nbn:de:bsz:21-opus-55974en
dc.identifier.urihttp://hdl.handle.net/10419/45469-
dc.description.abstractWe 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.isoengen
dc.publisher|aUniversity of Tübingen, Faculty of Economics and Social Sciences |cTübingenen
dc.relation.ispartofseries|aUniversity of Tübingen Working Papers in Economics and Finance |x6en
dc.subject.jelD01en
dc.subject.jelD21en
dc.subject.jelJ22en
dc.subject.jelJ24en
dc.subject.jelJ31en
dc.subject.jelM54en
dc.subject.ddc330en
dc.subject.keywordSocial comparisonsen
dc.subject.keywordHeterogeneous workforceen
dc.subject.keywordRelative deprivationen
dc.subject.keywordEffort exertionen
dc.subject.keywordEarnings gapen
dc.subject.keywordEarnings compressionen
dc.titleOn the economic architecture of the workplace: repercussions of social comparisons amongst heterogeneous workers-
dc.typeWorking Paperen
dc.identifier.ppn657435937en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
dc.identifier.repecRePEc:zbw:tuewef:6en

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