Effort and comparison income

de Clark, Andrew

"This paper considers the effect of status or relative income on work effort combining experimental evidence from a gift-exchange game with ISSP survey data. We find a consistent negative effect of others' incomes on individual effort in both datasets. The individual's rank in the income distribution is a stronger determinant of effort than others' average income, suggesting that comparisons are more ordinal than cardinal. We then show that effort is also affected by comparisons over time: those who received higher income offers or had higher income rank in the past exert lower levels of effort for a given current income and rank"--Forschungsinstitut zur Zukunft der Arbeit web site.

Más obras de Clark, Andrew

IIntroduction to Stereochemistry

Introduction to Stereochemistry

Submodularity in Dynamics and Control of Networked Systems

AArchaeological Perspectives of Warfare on the Great Plains

Archaeological Perspectives of Warfare on the Great Plains