Gould, E. D. and Winter, E. (2005), “Rational Peer Effects Between Workers: Evidence from Professional Baseball”, working paper.
Jewell, R. T. and Molina, D. J. (2004), “Productive Efficiency and Salary Distribution: the Case of US Major League Baseball”, Scottish Journal of Political Economy 51(February), 127-42.
Kahn, L.M. (2000), “The Sports Business as a Labor Market Laboratory”, Journal of Economic Perspectives 14 (3), 75-94.
Kandel, E. and Lazear, E. P. (1992), “Peer Pressure and Partnerships”, Journal of Political Economy 100(4), 801-17.
Lazear, E. P. (1986), “Salaries and Piece Rates”, Journal of Business, 59(3), 405-431.
Lazear, E. P. (1996), Personnel economics, MIT Press, p3.
Porter, P. and Scully, G. (1982), “Measuring managerial efficiency: the case of baseball”, Southern Economic Journal 48, 642-50.
Rottenberg, S. (1956), “The baseball players’ labor market”, Journal of Political Economy 64 (June), 242-58.
Rosen, S. and Sanderson, A. (2001), “Labour Markets in Professional Sports”, The Economic Journal 111 (February), F47-F68.
Scully, G. W. (1974), “Pay and performance in major league baseball”, American Economic Review 64 (December), 915-30.
References
Copeland, A. and Monnet, C. (2002), “The Welfare Effects of Incentive Schemes”, University of Minnesota, Working Paper.
Doeringer, D. W., and Piore, M., (1985), Internal Labor Markets and Manpower Analysis, Lexington, MA: D. C. Heath and Company, 1971. (Armonk, NY: London: M. E. Sharpe, Inc., reprinted 1985).
Fama, E. (1980), “Agency Problems and the Theory of the Firm”, Journal of Political Economy, 88, 288-307.
Freeman, R. B. and Kleiner, M. M. (2005), “The Last American Shoe Manufacturers Decreasing Productivity and Increasing Profits in the Shift from Piece Rates to Continuous Flow Production”, Industrial Relations, 44(2), 307-330.
Gunderson, M. (1975), “Male Female Wage Differentials and the Impact of Equal Pay Legislation”, Review of Economic Statistics, 57(4), 426-470.
Hausman, J. A. (1978) Specification tests in econometrics, Econometrica, 46, 1251-71.
Lazear, E. P. (1986), “Salaries and Piece Rates”, Journal of Business, 59(3), 405-431.
Lazear, E. P. (2000), “Performance Pay and Productivity”, American Economic Review, 90, 1346-1361.
Seiler, E. (1984), “Piece Rates vs. Time Rates: The Effect of Incentives on Earnings”, Review of Economics and Statistics, 66, 363-376.
Weiss, A. (1992), “Productivity Gains without Formal Training”, Department of Economics, Boston University Working Paper Number 9, March.
References
Adams, J. S. (1963), “Toward an Understanding of Inequity”, Journal of Abnormal and Social Psychology, 67, 422-436.
Akerlof, G. A. and J. L. Yellen (1988): “Fairness and Unemployment”, American Economic Review, 78, 44-49.
Akerlof, G. A. and J. L. Yellen (1990): “The Fair Wage-Effort Hypothesis and Unemployment”, Quarterly Journal of Economics, 105(2), 255-283.
Copeland, A. and Monnet, C. (2002): “The Welfare Effects of Incentive Schemes”, University of Minnesota, Working Paper.
Davidson, R. and J. MacKinnon (1993): Estimation and Inference in Econometrics, New York: Oxford University Press.
Depken, C. A. (2000): “Wage Disparity and Team Productivity: Evidence from Major League Baseball”, Economics Letters, 67, 87-92.
Demougin, D. and A. Siow (1994): “Careers in Ongoing Hierarchies”, American Economic Review, 84(5), 1261-1277.
Ehrenberg, R. C. and M. L. Bognanno (1990): “The Incentive Effects of Tournaments Revisited: Evidence from the European PGA Tour”, Industrial and Labor Relations Review, 43, special issue, S74-S88.
Fama, E. (1980): “Agency Problems and the Theory of the Firm”, Journal of Political Economy, 88, 288-307.
Fizel, J. (1996): “Bias in Salary Arbitration: the Case of Major League Baseball”, Applied Economics, 28, 255-265.
Folger, R. (1993): “Reactions to Mistreatment at Work,” in J. K. Murnighan (Ed.) Social Psychology in Organizations: Advances in Theory and Research, 161-83, Englewood Cliffs, NJ: Prentice-Hall.
Freeman, R. B. and Kleiner, M. M. (2005): “The Last American Shoe Manufacturers Decreasing Productivity and Increasing Profits in the Shift from Piece Rates to Continuous Flow Production”, Industrial Relations, 44(2), 307-330.
Frick, B., Prinz, J., K. Winkelmann (2003): “Pay Inequalities and Team Performance: Empirical Evidence from the North American Major Leagues”, International Journal of Manpower, 24(4), 472-88.
Gius, M. and Johnson, D. (2000): “Race and Compensation in Professional Football”, Applied Economics Letters, 7, 73-75.
Gunderson, M. (1975): “Male Female Wage Differentials and the Impact of Equal Pay Legislation”, Review of Economic Statistics, 57(4), 426-470.
Harris, M. and Holmstrom, B. (1982): “A theory of wage dynamics”, Review of Economic Studies, 49(3), 315-333.
Hausman, J. A. (1978): Specification tests in econometrics, Econometrica, 46, 1251-71.
Heckman, J. J., L. J. Lochner, and P. E. Todd (2003): “Fifty years of Mincer earnings regressions,” Working Paper 9732, NBER.
Hellerstein, J. K. and D. Neumark (1995): “Are Earnings Profiles Steeper than Productivity Profiles: Evidence from Israeli Firm-Level Data”, Journal of Human Resources, 30, 89-112.
Kotlikoff, L. J. and J. Gokhale (1992): “Estimating a Firm’s Age-Productivity Profile Using the Present Value of Workers’ Earnings”, Quarterly Journal of Economics, 107(4), 1215-1242.
Lazear, E. P. (1981): “Agency, earnings profiles, productivity and hours restrictions”, American Economic Review, 71, 606-720.
------ (1986): “Salaries and Piece Rates”, Journal of Business, 59(3), 405-431.
------ (1998): Personnel Economics for Managers, New York: Wiley.
------ (2000): “Performance Pay and Productivity”, American Economic Review, 90, 1346-1361.
Lallemand, T., R. Plasman and R. Rycx (2004): “Intra-Firm Wage Dispersion and Firm Performance: Evidence from Linked Employer-Employee Data”, KYKLOS, 57(4), 533-58.
Medoff, J., Abraham, K. (1980): “Experience, performance, and earnings”, Quarterly Journal of Economics 95 (4), 703-736, December.
------ (1981): “Are those paid more really more productive? The case of experience”, The Journal of Human Resources 15 (2), 186-216.
Mincer, J. (1958): “Investment in human capital and personal income distribution”, Journal of Political Economy, 66, 281-302.
------ (1974): Schooling, Experience and Earnings, Columbia University Press, New York.
Prendergast, C. (1993): “ The Role of Promotion in Inducing Specific Human Capital Acquisition”, Quarterly Journal of Economics, 108(2), 523-534.
Pfeffer, J. (1994): Competitive Advantage Through People: Unleashing the Power of the Work Force, Boston: Harvard Business School Press.
Richards, D. G. and R. C. Guell (1998): “Baseball Success and the Structure of Salaries”, Applied Economics Letters, 5, 291-296.
Scully, G. W. (1974): “Pay and Performance in Major League Baseball”, American Economic Review, 64(6), 915-930.
Seiler, E. (1984): “Piece Rates vs. Time Rates: The Effect of Incentives on Earnings”, Review of Economics and Statistics, 66, 363-376.
Weiss, A. (1992): “Productivity Gains without Formal Training”, Department of Economics, Boston University Working Paper Number 9, March.
References
Adams, J. S. (1963), “Toward an Understanding of Inequity,” Journal of Abnormal and Social Psychology, 67, 422-436.
Akerlof, G. A. and Yellen, J. L. (1988), “Fairness and Unemployment,” American Economic Review, 78, 44-49.
Akerlof, G. A. and Yellen, J. L. (1990), “The Fair Wage-Effort Hypothesis and Unemployment,” Quarterly Journal of Economics, CV, 255-83.
Battese, G. and T. Coelli (1995), “A model for technical inefficiency effects in a stochastic frontier production function for panel data.” Empirical Economics, 20, pp. 325-32.
Bloom, M. (1999), “The Performance Effects of Pay Dispersion on Individuals and Organizations,” Academy Management Journal, 42(1), 25-40.Depken, C. A. (2000), “Wage Disparity and Team Productivity: Evidence from Major League Baseball,” Economics Letters, 67, 87-92.
Ehrenberg, R. C. and Bognanno, M. L. (1990), “The Incentive Effects of Tournaments Revisited: Evidence from the European PGA Tour,” Industrial and Labor Relations Review, 43, special issue, S74-S88.
Folger, R. (1993), “Reactions to Mistreatment at Work,” in J. K. Murnighan (Ed.) Social Psychology in Organizations: Advances in Theory and Research: 161-83, Englewood Cliffs, NJ: Prentice-Hall.
Frick, B., Prinz, J., Winkelmann, K. (2003), “Pay Inequalities and Team Performance: Empirical Evidence from the North American Major Leagues,” International Journal of Manpower, 24(4), 472-88.
Hausman, J. A. (1978), “Specification Tests in Econometrics,” Econometrica, 46, 1251-71.
Lallemand, T., Plasman, R. and Rycx, R. (2004), “Intra-Firm Wage Dispersion and Firm Performance: Evidence from Linked Employer-Employee Data,” KYKLOS, 57(4), 533-58.
Lazear, E. P. (1998), Personnel Economics for Managers, New York: Wiley.
Lazear, E. P. (1989), “Pay Equality and Industrial Politics,” Journal of Political Economy, 97, 561-80.
Lazear, E. P. and Rosen, S. (1981), “Rank-Order Tournaments as Optimum Labor Contracts,” Journal of Political Economy, 89(5), 841-64.
Pfeffer, J. (1994), Competitive Advantage Through People: Unleashing the Power of the Work Force, Boston: Harvard Business School Press.
Pfeffer, J. and Langton, N. (1993), “The Effect of Wage Dispersion on Satisfaction, Productivity, and Working Collaboratively: Evidence from College and University Faculty,” Administrative Science Quarterly, 38, 382-407.
Richards, D. G. and Guell, R. C. (1998), “Baseball Success and the Structure of Salaries,” Applied Economics Letters, 5, 291-96.