Showing 1 - 10 of 15,842
This Paper presents a formal theory of reciprocity. Reciprocity means that people reward kind actions and punish unkind …
Persistent link: https://www.econbiz.de/10005791797
and field experiments, surveys, and observational data, as well as neuroeconomic research, suggests that workers …' 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
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
This paper explores the motivations behind punishment from unaffected third parties and affected second parties using a within-subjects design in ten simple games. We apply a classification analysis and find that a parsimonious model assuming that subjects are either inequity averse or selfish...
Persistent link: https://www.econbiz.de/10011048216
systematically refutes the self-interest hypothesis and suggests that many people are strongly motivated by concerns for fairness and … reciprocity. Moreover, several theoretical Papers have been written showing that the observed phenomena can be explained in a … insights into the nature of preferences and into the relative performance of competing theories of fairness. The purpose of …
Persistent link: https://www.econbiz.de/10005656392
Reciprocity is common in economic and social domains, and it has been widely documented in the laboratory. While … positive and negative reciprocity are observed in investment and ultimatum games, respectively, prior laboratory studies often … delays on reciprocity in the investment and ultimatum games. We manipulate the time delay after second movers have been …
Persistent link: https://www.econbiz.de/10010747598
In this paper we look for a solution to a land division problem that could be applied to different types of disputes when the arbitrator has a very limited information about the agents' preferences. The solution must be fair and efficient under the constraint of the limited information available...
Persistent link: https://www.econbiz.de/10009506437
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
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
Costless pre-play communication has been found to effectively facilitate coordination and enhance efficiency in games with Pareto-ranked equilibria. We report an experiment in which two groups compete in a weakest-link contest by expending costly efforts. Allowing intra-group communication leads...
Persistent link: https://www.econbiz.de/10010664597