Eriksson, Tor; Villeval, Marie Claire - Nationalökonomisk Institut, Institut for Økonomi - 2010
Assuming that people care not only about what others do but also on what others think, we study respect as a non …-exchange experiment, the employer can express respect by giving the employee costly symbolic rewards after observing his level of effort … respect does not improve efficiency compared with an environment in which it does not exist, possibly due to a crowding-out of …