Showing 1 - 10 of 28
Unfair intentions provoke negative reciprocity from others, making their concealment potentially beneficial. This paper … explores whether people hide their unfair intentions from others and how hiding intentions is itself perceived in fairness … successful against the higher expected punishment when cover up is unsuccessful. In an attempt to better understand fairness …
Persistent link: https://www.econbiz.de/10011185621
An important aspect in determining the effectiveness of gift exchange relations in labor markets is the ability of the worker to “repay the gift” to the employer. To test this hypothesis, we conduct a real effort laboratory experiment where we vary the wage and the effect of the worker’s...
Persistent link: https://www.econbiz.de/10008533996
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/10010674729
inform the debate on the fairness of market outcomes by showing that the use of a competitive procedure can, by itself …
Persistent link: https://www.econbiz.de/10010781540
This paper presents a formal theory of reciprocity. Reciprocity means that people reward kind actions and punish unkind …
Persistent link: https://www.econbiz.de/10005765909
We report on several experiments on the optimal allocation of ownership rights. The experiments confirm the property rights approach by showing that the ownership structure affects relationship-specific investments and that subjects attain the most efficient ownership allocation despite starting...
Persistent link: https://www.econbiz.de/10005765975
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/10005094414
This is an experimental study of a three-player power-to-take game where a take authority is matched with two responders. The game consists of two stages. In the first stage, the take authority decides how much of the endowment of each responder that is left after the second stage will be...
Persistent link: https://www.econbiz.de/10005181255
In this paper we show that a simple model of fairness preferences explains major experimental regularities of common …
Persistent link: https://www.econbiz.de/10005181497
We show that concerns for fairness may have dramatic consequences for the optimal provision of incentives in a moral … concerned about fairness. Conversely, contracts that are doomed to fail when there are only selfish actors provide powerful …
Persistent link: https://www.econbiz.de/10005406114