Kragl, Jenny; Bental, Benjamin; Safaynikoo, Peymaneh - In: Economic Theory 80 (2025) 1, pp. 87-124
social comparison but also precludes productive synergies. Instead, the firm may impose a wage-secrecy policy to keep the … integrate workers when the latter are protected by limited liability. Furthermore, even when firms can impose wage secrecy, they …