Showing 1 - 10 of 27
This paper investigates physiological responses to perceptions of unfair pay. In a simple principal agent experiment agents produce revenue by working on a tedious task. Principals decide how this revenue is allocated between themselves and their agents. In this environment unfairness can arise...
Persistent link: https://www.econbiz.de/10009024593
strength. We then present three experiments that study main predictions and implications of the model. The first is a simple …
Persistent link: https://www.econbiz.de/10009226004
foundation of social preferences is largely based on laboratory experiments with self-selected students as participants. This is … potentially problematic as students participating in experiments may behave systematically different than non …-participating students or non-students. In this paper we empirically investigate whether laboratory experiments with student samples …
Persistent link: https://www.econbiz.de/10008836682
Field evidence suggests that people belonging to the same group often behave similarly, i.e., behaviour exhibits social interaction effects. We conduct an experiment that avoids the identification problem present in the field. Our novel design feature is that each subject simultaneously is a...
Persistent link: https://www.econbiz.de/10005822702
During the last two decades economists have made much progress in understanding incentives, contracts and organisations. 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/10005566708
This paper studies the impact of incentives on worker self-selection in a controlled laboratory experiment. In a first step we elicit subjects’ productivity levels. Subjects then face the choice between a fixed or a variable payment scheme. Depending on the treatment, the variable payment is...
Persistent link: https://www.econbiz.de/10005703774
This paper studies how organizational design affects moral outcomes. Subjects face the decision to either kill mice for money or to save mice. We compare a Baseline treatment where subjects are fully pivotal to a Diffused-Pivotality treatment where subjects simultaneously choose in groups of...
Persistent link: https://www.econbiz.de/10010667864
(MUA) model. We find that pivotal suppliers do indeed exercise their market power in the experiments. We also find that …
Persistent link: https://www.econbiz.de/10008838542
We use laboratory experiments to investigate how employers develop social structures for sharing information about the … anonymously and voluntarily provided as a collective good for all employers to use. The other type is a 'reciprocity network …
Persistent link: https://www.econbiz.de/10008838611
We present an economic experiment on network formation, in which subjects can decide to form links to one another. Direct links are costly but being connected is valuable. The gametheoretic basis for our experiment is the model of Bala and Goyal (2000). They distinguish between two scenarios...
Persistent link: https://www.econbiz.de/10005761658