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incompleteness and relational nature of most employment contracts and (b) the existence of reference-dependent fairness concerns … among a substantial share of the population into account. Theory shows and experiments confirm that, even if fairness … fairness on effort, derive predictions from our approach for entry-level wages and incumbent workers’ wages, confront these …
Persistent link: https://www.econbiz.de/10008765247
Reciprocity is one of the main basic social relations that constitute societies. It consists of being favourable to … rationales: (1) balance (comparison, matching), often related to equality and fairness, or to the desire to avoid moral … fact proper reciprocity). Reciprocity extends to important cases of aids inducing aids that are not strictly reciprocal. It …
Persistent link: https://www.econbiz.de/10014023677
behave reciprocally, but the degree of reciprocity is higher for lawyers. Surprisingly, it is not university education that …
Persistent link: https://www.econbiz.de/10011299882
behave reciprocally, but the degree of reciprocity is higher for lawyers. Surprisingly, it is not university education that …
Persistent link: https://www.econbiz.de/10010960450
with unkind actions (negative reciprocity), while at the same time, it responds to kind behavior of rivals with kind … actions (positive reciprocity). We find that collusion is easier to sustain when firms have a concern for reciprocity towards … competing firms provided that they consider collusive prices to be kind and punishment prices to be unkind. Thus, reciprocity …
Persistent link: https://www.econbiz.de/10009753710
' perceptions of fairness and trust are also key drivers of their work effort. Treating employees with respect is not only ethically …
Persistent link: https://www.econbiz.de/10011413663
We explore the contribution of reciprocity and other non selfish motives to the political viability of the modern … sharing and insurance. In this alternative view, reciprocity motives are necessary for understanding support for and …
Persistent link: https://www.econbiz.de/10014023655
In this Paper we show that a simple model of fairness preferences explains major experimental regularities of common …
Persistent link: https://www.econbiz.de/10005123667
exclusively based on preferences over the distribution of material pay-offs. Models that take into account players’ fairness …
Persistent link: https://www.econbiz.de/10005661687
This paper studies whether people can avoid punishment by remaining willfully ignorant about possible negative consequences of their actions for others. We employ a laboratory experiment, using modified dictator games in which a dictator can remain willfully ignorant about the payoff...
Persistent link: https://www.econbiz.de/10009761739