Showing 1 - 10 of 16
interest of economists in norms, the literature on third party punishment is surprisingly thin, however. In this paper, we … report on the results of an experiment designed to evaluate two distinct explanations for this phenomenon, indignation and …
Persistent link: https://www.econbiz.de/10005822220
A simple principal agent problem is experimentally investigated in which a principal repeatedly sets a wage and an agent responds by choosing an effort level. The principal's payoff is determined by the agent's effort. In a first setting the principal can only set a fixed wage in each period. In...
Persistent link: https://www.econbiz.de/10005761948
behavior is almost non-existent. We study sabotage in tournaments in a controlled laboratory experiment and are able to confirm …
Persistent link: https://www.econbiz.de/10004980267
altruism. Instead, we posit that social reciprocity is a triggered normative response. Our experiment confirms the existence of …. To provide theoretical foundations for social reciprocity, we show that generalized punishment norms survive in one of …
Persistent link: https://www.econbiz.de/10005823004
This study reports data from a field experiment that was conducted to investigate the relevance of gift-exchange for … charitable giving. Roughly 10,000 solicitation letters were sent to potential donors in the experiment. One third of the letters …
Persistent link: https://www.econbiz.de/10005763922
theories of fairness and reciprocity capture these forces. We find that cooperators’ punishment is almost exclusively targeted … towards the defectors but the latter also impose a considerable amount of spiteful punishment on the cooperators. However …, spiteful punishment vanishes if the punishers can no longer affect the payoff differences between themselves and the punished …
Persistent link: https://www.econbiz.de/10005703785
experiment, where principals set wages and agents respond by choosing effort levels. In addition to the efforts the principals …
Persistent link: https://www.econbiz.de/10005233886
-laboratory labor market experiment. We recruited participants to enter survey data for a well-known charitable organization. Workers …
Persistent link: https://www.econbiz.de/10010538847
In recent years a large number of experimental studies have documented the existence of strong reciprocity among humans. Strong reciprocity means that people willingly repay gifts and punish the violation of cooperation and fairness norms even in anonymous one-shot encounters with genetically...
Persistent link: https://www.econbiz.de/10005761704
We study the intrapersonal relationship between trust and reciprocity in a laboratory experiment. Reciprocal subjects …
Persistent link: https://www.econbiz.de/10005822399