The tournament model: An empirical investigation of the ATP tour
In the competitive labor markets, labor is hired and paid based on their value of marginal product. However, when we observe and compare wages between top level managers, difference in those wages are very large. High wage differentials are needed to induce the incentive to provide substantial effor...
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Format: | Article |
Language: | deu |
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Faculty of Economics University of Rijeka
2007-05-01
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Series: | Zbornik radova Ekonomskog fakulteta u Rijeci : časopis za ekonomsku teoriju i praksu |
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Online Access: | https://www.efri.hr/sites/efri.hr/files/cr-collections/2/05_ivankovic.pdf |