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Paying for performance: Efficiency wages and mutuality

✍ Scribed by Hilary Ingham; Steve Thompson


Book ID
112143276
Publisher
John Wiley and Sons
Year
1994
Tongue
English
Weight
908 KB
Volume
15
Category
Article
ISSN
0143-6570

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A simple model of employment contracting is employed to examine the effectiveness of just-cause provisions in alleviating employer opportunism in two types of efficiency wage contracts-standard contracts, in which wages exceed the worker's marginal contribution, and deferred wages, which are paid af