Labor Contracts As Partial Gift Exchange
Labor Contracts As Partial Gift Exchange. Consistent with the gift exchange hypothesis, workers provide more effort at higher wages, but undergraduates provide substantially less effort than mbas. This paper explains involuntary unemployment in terms of the response of firms to workers' group behavior.
Of gift exchange as a contract enforcement device, however, is likely to depend on the institutions that shape the employment relation, above all the mode of payment. We report a gift exchange experiment. In order to affect those norms, firms may pay.
Akerlof, John Wiley & Sons Edition, In English
Workers' effort depends upon the norms determining a fair day's work. This paper explains involuntary unemployment in terms of the response of firms to workers' group behavior. * the author would like to thank william dickens, brian main, hajime miyazaki, janet l.
We Report A Gift Exchange Experiment.
Labor contracts as partial gift exchange by george a. Workers' effort depends upon the norms determining a fair day's work. Labor contracts as partial gift exchange, quarterly journal of economics (november l).
Workers Respond By Determining An Effort Level.
This paper explains involuntary unemployment in terms of the response of firms to workers' group behavior. This paper explains involuntary unemployment in terms of the response of firms to workers' group behavior. Workers' effort depends upon the norms determining a fair day's work.
(1982) Labor Contracts As Partial Gift Exchange.
Labor contracts as partial gift exchange. Industries that pay consistently more than. In order to affect those norms, firms may pay.
Contracts On Labor Markets (Brown Et Al., 2004).
Fehr et al., 1998a, b; Workers ' effort depends upon the norms determining a fair day's work. Labor contracts as partial gift exchange.
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