Costly information acquisition: The influence of stakeholder earnings
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.
Heinrich, T., B. Arya, A. Haering and S. Horak (2022), Costly information acquisition: The influence of stakeholder earnings. Journal of Economic Psychology, 90, 102504