Arbeitspapier

Information transparency, fairness and labor market efficiency

The paper studies the role of information transparency on fairness concerns, welfare and efficiency. When the firm's productivity and ultimately profits are revealed, wage offers induce relatively fair divisions of potential gains and workers respond with higher performance. Workers respond not only to wages but also to firms' intentions concerning fairness. Information transparency serves as a mechanism that promotes fairness and performance while the lack of transparency results in reduced earnings for workers and market inefficiency.

Sprache
Englisch

Erschienen in
Series: Working Paper ; No. 2013-03

Klassifikation
Wirtschaft
Thema
Experiments
Incomplete Contracts
Fairness
Information Transparency
experimental economics
incomplete contracts
fairness
information transparency

Ereignis
Geistige Schöpfung
(wer)
Isgin, Ebru
Sopher, Barry
Ereignis
Veröffentlichung
(wer)
Rutgers University, Department of Economics
(wo)
New Brunswick, NJ
(wann)
2013

Handle
Letzte Aktualisierung
10.03.2025, 11:45 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Isgin, Ebru
  • Sopher, Barry
  • Rutgers University, Department of Economics

Entstanden

  • 2013

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