CEU Electronic Theses and Dissertations, 2010
| Author | Lindner, Attila Sándor |
|---|---|
| Title | Motivation Systems and Pay Disclosure Policies: A Behavioral Approach |
| Summary | In this paper I analyze pay disclosure policies both from empirical and theoretical aspects. Even though information structure of the pay systems seems to be relevant, very few attempts have been made on understanding them. Combining Koszegi (2006) with Ertac (2006), I develop a framework that endogenizes people's perception about themselves. These perceptions are influenced by pay disclosure policies through a social learning process. One important result is showing that higher cost induced by wage secrecy can be beneficial. On the other hand, the signals in the social learning process should be as precise as possible, indicating that wage secrecy also induces costs. |
| Supervisor | Ben-Ner, Avner |
| Department | Economics MA |
| Full text | https://www.etd.ceu.edu/2010/lindner_attila.pdf |
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