Fair wages when employers face the risk of losing money

C-Tier
Journal: Economics Letters
Year: 2012
Volume: 117
Issue: 3
Pages: 687-690

Score contribution per author:

0.503 = (α=2.01 / 2 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

When employers can incur losses from the labor relationship in a gift exchange game, they offer lower wages on average than in a no-loss relationship. Taking employers’ risk of losing money into account, employees exert more effort per wage unit.

Technical Details

RePEc Handle
repec:eee:ecolet:v:117:y:2012:i:3:p:687-690
Journal Field
General
Author Count
2
Added to Database
2026-01-25