Showing 1 - 10 of 99
Behavioural economists have come to recognize that reciprocity, the interaction of trust and trustworthiness, is a … distinct and economically relevant component of individual preferences alongside selfishness and altruism. This recognition is … power of trust as a determinant of those decisions, suggesting that altruism may explain much of what ‘looks like’ trust …
Persistent link: https://www.econbiz.de/10005788946
reciprocity. Moreover, several theoretical Papers have been written showing that the observed phenomena can be explained in a …
Persistent link: https://www.econbiz.de/10005656392
There is strong evidence that people exploit their bargaining power in competitive markets but not in bilateral … bargaining situations. There is also strong evidence that people exploit free-riding opportunities in voluntary cooperation games …
Persistent link: https://www.econbiz.de/10005504682
incumbent can file a trade dispute to appeal to voters motivated by reciprocity. The incumbent’s ability to initiate a dispute …
Persistent link: https://www.econbiz.de/10011276379
During the last two decades economists have made much progress in understanding incentives, contracts and organizations. Yet, they constrained their attention to a very narrow and empirically questionable view of human motivation. The purpose of this Paper is to show that this narrow view of...
Persistent link: https://www.econbiz.de/10005788870
This paper studies the role of intrinsic motivation, reputation and reciprocity in driving open source software … reputation, but less for reciprocity. …
Persistent link: https://www.econbiz.de/10005789146
reciprocity and repeated game incentives in two treatments (one-shot and repeated) of a gift-exchange game. In both treatments we … observe reciprocity, which is strengthened in the repeated game. A detailed analysis shows that in the repeated game some … subjects imitate reciprocity. Thus, reciprocity and repeated game incentives reinforce each other. Observed behaviour is robust …
Persistent link: https://www.econbiz.de/10005789197
on the reciprocity of employees. …
Persistent link: https://www.econbiz.de/10005791680
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
In this Paper we provide experimental evidence indicating that incentive contracts may cause a strong crowding out of voluntary cooperation. This crowding-out effect constitutes costs of incentive provision that have been largely neglected by economists. In our experiments the crowding-out...
Persistent link: https://www.econbiz.de/10005791866