Pareto Gains from Limiting Compensation Options
We examine the effects of a single payment structure policy (SPP) that prevents an employer from offering an employee a choice among compensation structures. An SPP reduces the employer's profit and increases the employee's welfare when the employee's (privately known) ability is exog...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Sciendo
2023-11-01
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| Series: | IZA Journal of Labor Economics |
| Subjects: | |
| Online Access: | https://doi.org/10.2478/izajole-2023-0002 |