Can the fair wage-effort hypothesis be interpreted as a safe effort hypothesis?

Authors
Campbell, CM Katz, E
Citation
Cm. Campbell et E. Katz, Can the fair wage-effort hypothesis be interpreted as a safe effort hypothesis?, ECON LETT, 72(2), 2001, pp. 241-246
Citations number
7
Categorie Soggetti
Economics
Journal title
ECONOMICS LETTERS
ISSN journal
01651765 → ACNP
Volume
72
Issue
2
Year of publication
2001
Pages
241 - 246
Database
ISI
SICI code
0165-1765(200108)72:2<241:CTFWHB>2.0.ZU;2-C
Abstract
This paper proposes a model in which workers use information on their firm' s profitability to determine their effort. The model, which is derived from a standard utility function, yields results similar to Akerlof and Yellen' s [Quarterly Journal of Economics 105 (1990) 255] fair wage-effort hypothes is. (C) 2001 Elsevier Science BN. All rights reserved.