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- W2009305718 abstract "We develop a general theoretical model of the effect of wage dispersion on team performance which nests two possibilities: wage inequality may have either negative or positive effects on team performance. A parameter which captures the marginal cost of effort, which we estimate using game-level data from Major League Baseball, determines whether wage dispersion and team performance are negatively or positively related. We find low marginal cost of effort; consequently, wage disparity is negatively related to team performance. Game and season-level regressions also indicate a negative relationship between inequality and performance. We discuss a variety of interpretations of our results." @default.
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- W2009305718 date "2013-10-18" @default.
- W2009305718 modified "2023-09-30" @default.
- W2009305718 title "Wage dispersion and team performance: a theoretical model and evidence from baseball" @default.
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- W2009305718 doi "https://doi.org/10.1080/00036846.2013.839864" @default.
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