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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
Behavioural economists have come to recognize that reciprocity, the interaction of trust and trustworthiness, is a …
Persistent link: https://www.econbiz.de/10005788946
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
this Paper is twofold: first, it shows that reciprocity is an important motive for charitable giving, in addition to the … warm-glow motive. Second, the Paper confirms the economic relevance of reciprocity by using field data. This extends the … current body of research on reciprocity, which is almost exclusively confined to laboratory studies. …
Persistent link: https://www.econbiz.de/10005791952
We show that concerns for fairness may have dramatic consequences for the optimal provision of incentives in a moral hazard context. Incentive contracts that are optimal when there are only selfish actors become inferior when some agents are concerned with fairness. Conversely, contracts that...
Persistent link: https://www.econbiz.de/10005792499