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Costly information acquisition: The influence of stakeholder earnings

Timo Heinrich, Bindu Arya, Alexander Haering and Sven Horak

Journal of Economic Psychology, 2022, vol. 90, issue C

Abstract: 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.

Keywords: Information acquisition; Pay inequality; Stakeholders (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:eee:joepsy:v:90:y:2022:i:c:s0167487022000228

DOI: 10.1016/j.joep.2022.102504

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