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Title: | The desire for impact |
Keywords: | M5 J4 J3 ddc:330 impact motive monopsony-like behavior wage differentials hold-up problem incomplete contracts autonomy Leistungsmotivation Arbeitszufriedenheit Leistungsanreiz Anreizvertrag |
Issue Date: | 16-Oct-2013 |
Publisher: | |
Description: | This paper explores the meaning and implications of the desire by workers for impact. We find that this impact motive can make firms in a competitive labor market act as monopsonists, lead workers with the same characteristics but at different firms to earn different wages, may alleviate the hold-up problem in firm-specific investment, can make it profitable for an employer to give workers autonomy in effort or task choice, and can propagate shocks to unemployment. |
URI: | http://koha.mediu.edu.my:8181/xmlui/handle/10419/18999 |
Other Identifiers: | http://hdl.handle.net/10419/18999 ppn:500841837 |
Appears in Collections: | EconStor |
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