Efficiency Wages with Motivated Agents

69 Pages Posted: 11 Feb 2021 Last revised: 22 Sep 2021

See all articles by Jesper Armouti-Hansen

Jesper Armouti-Hansen

University of Cologne

Lea Cassar

University of Regensburg

Anna Deréky

ETH Zürich

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Date Written: January 2021

Abstract

and thereby increases efficiency substantially

Keywords: Biased Beliefs, efficiency wages, Gift exchange, mission motivation

JEL Classification: D23, M52

Suggested Citation

Armouti-Hansen, Jesper and Cassar, Lea and Deréky, Anna, Efficiency Wages with Motivated Agents (January 2021). CEPR Discussion Paper No. DP15723, Available at SSRN: https://ssrn.com/abstract=3783949

Jesper Armouti-Hansen (Contact Author)

University of Cologne ( email )

Albertus-Magnus-Platz
Cologne, 50923
Germany

Lea Cassar

University of Regensburg ( email )

93040 Regensburg
D-93040 Regensburg, 93053
Germany

Anna Deréky

ETH Zürich ( email )

Zürichbergstrasse 18
8092 Zurich, CH-1015
Switzerland

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