Costly information acquisition: The influence of stakeholder earnings

Costly information acquisition: The influence of stakeholder earnings

Information is often acquired within organizations that generate earnings for employees and stakeholders. In this paper we analyze the causal effects of inequality on information acquisition performance and vary the pay of agents relative to the earnings of passive stakeholders. Our experimental res...

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Veröffentlicht in:Journal of economic psychology 2022-06, Vol.90, p.102504, Article 102504
Hauptverfasser: Heinrich, Timo, Arya, Bindu, Haering, Alexander, Horak, Sven
Format: Artikel
Sprache:eng
Schlagworte:
Information acquisition
Pay inequality
Stakeholders
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Beschreibung
Zusammenfassung:Information is often acquired within organizations that generate earnings for employees and stakeholders. In this paper we analyze the causal effects of inequality on information acquisition performance and vary the pay of agents relative to the earnings of passive stakeholders. Our experimental results reveal that disadvantageous inequality does not have a negative effect on agents’ performance.
ISSN:0167-4870
1872-7719
DOI:10.1016/j.joep.2022.102504