Temel Kavramlar
When workers care about their relative standing within a team, optimal team formation involves balancing productivity maximization with the need to minimize detrimental social comparisons, leading to nuanced effects on sorting, wage inequality, and outsourcing decisions.
Alıntılar
"Forming productive and durable teams requires more than finding workers with compatible skills: Preference and personality compatibility matters as well."
"There is strong empirical evidence that humans care about their relative position within the reference group and are willing to accept lower absolute wages to improve their relative earnings."
"Relative concerns may even influence firm boundaries: If—as argued by Nickerson and Zenger (2008)—social comparisons are more salient within than across firm boundaries, firms may salvage some of such output-maximising matches by outsourcing low-skill workers, thus avoiding potentially detrimental social comparison altogether."