Showing 1 - 10 of 13
This paper investigates physiological responses to perceptions of unfair pay. In a simple principal agent experiment … experiment we record agents' heart rate variability. Our findings provide evidence of a link between perceived unfairness and … health, and fairness of pay. …
Persistent link: https://www.econbiz.de/10009024593
about fairness. Utilizing two manipulations (reminding participants about their answer to the fairness question and publicly … there is a social component (i.e., reporting of aggregate answers). When a participant's answer to the fairness question is …
Persistent link: https://www.econbiz.de/10010884167
matters). Our laboratory experiments indicate that workers’ effort choices are highly sensitive to their own wages, but … experiment were more likely to compress wages when wages became public information. Profits were not significantly reduced by a …
Persistent link: https://www.econbiz.de/10005566513
decision makers in the family and the society. We test these alternative hypotheses running Dictators experiments in Italy, a …
Persistent link: https://www.econbiz.de/10011195830
We show with a laboratory experiment that individuals adjust their moral principles to the situation and to their … the fairness and unfairness of allocations in three different scenarios (a Dictator game, an Ultimatum game, and a Trust … same session we elicit again their principles regarding the fairness and unfairness of allocations in the same three …
Persistent link: https://www.econbiz.de/10011279283
We study the intrapersonal relationship between trust and reciprocity in a laboratory experiment. Reciprocal subjects …
Persistent link: https://www.econbiz.de/10005822399
of children aged between 7 and 14, we find strong aversion to lying at all ages. Lying is driven mainly by selfish …
Persistent link: https://www.econbiz.de/10010884178
In economic models, risk and social preferences are major determinants of criminal behavior. In criminology, low self-control is considered a fundamental cause of crime. Relating the arguments from both disciplines, this paper studies the relationship between self-control and both risk and...
Persistent link: https://www.econbiz.de/10010884260
This paper investigates in a principal-agent environment whether and how group membership influences the effectiveness of incentives and when incentives can have “hidden costs”, i.e., a detrimental effect. We show experimentally that in all interactions control mechanisms can have hidden...
Persistent link: https://www.econbiz.de/10011252294
We use experiments to test comparative statics predictions of canonical tournament theory. Both the roles of principal …
Persistent link: https://www.econbiz.de/10009646321