Showing 1 - 10 of 16
, incentive compatibility, outside options and participation constraints, the Coase theorem, and fairness and reciprocity in …
Persistent link: https://www.econbiz.de/10005453701
In public goods experiments, stochastic choice, censoring, and motivational heterogeneity allow experimentalists to differ over the extent of unselfishness, and whether it is reciprocal or altruistic. These problems are addressed econometrically by estimating a finite mixture model to isolate...
Persistent link: https://www.econbiz.de/10005453720
reciprocity towards an employer is affected by exposure to pay comparison information (what co-workers earn) and effort comparison … information (how co-workers perform). We find that pay comparison information does not affect reciprocity. Effort comparison … part of others strongly affects employees’ reciprocity towards the employer. While our data show that social information in …
Persistent link: https://www.econbiz.de/10010781904
We study how different payment modes inuence the effectiveness of gift exchange as a contract enforcement device. In particular, we analyze how horizontal fairness concerns affect performance and efficiency in an environment characterized by contractual incompleteness. In our experiment, one...
Persistent link: https://www.econbiz.de/10005011863
reciprocity toward employers: in this case own wage is a powerful determinant of own effort, but co-worker wages have no effect …. By contrast, we find that exposure to both pieces of social information systematically influences employees’ reciprocity … generously: in such circumstances the employee tends to expend low effort irrespective of her own wage. Reciprocity is more …
Persistent link: https://www.econbiz.de/10005150914
We examine the effects of social preferences and beliefs about the social preferences of others in a simple leader-follower voluntary contributions game. We find that groups perform best when led by those who are reciprocally oriented. Part of the effect can be explained by a false consensus...
Persistent link: https://www.econbiz.de/10005220047
guilt aversion and reciprocity under which contributions are related to second- and first-order beliefs, respectively. Our …
Persistent link: https://www.econbiz.de/10005200585
psychological gametheoretic framework we derive two mutually compatible hypotheses about guilt aversion and reciprocity under which …
Persistent link: https://www.econbiz.de/10010545652
We examine the effects of social preferences and beliefs about the social preferences of others in a simple leader-follower voluntary contributions game. We find that groups perform best when led by those who are reciprocally oriented. Part of the effect can be explained by a false consensus...
Persistent link: https://www.econbiz.de/10010552238
, incentive compatibility, outside options and participation constraints, the Coase theorem, and fairness and reciprocity in …
Persistent link: https://www.econbiz.de/10010552260