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We examine an experimental gift exchange game in which the players can improve upon the unique no-gifts equilibrium through cooperative gift giving. The main feature of the study is that there are two different types of gift exchange, which we call simple and complex exchange, respectively....
Persistent link: https://www.econbiz.de/10005209458
Tax Liability Side Equivalence (tax LSE) claims that the statutory incidence of a tax is irrelevant for its economic incidence. In gift-exchange labor markets, firms provide a gift to workers by paying high wages, and workers reciprocate by providing high efforts. Tax LSE is theoretically...
Persistent link: https://www.econbiz.de/10005795580
Numerous gift exchange experiments have found a positive relationship between employers' wage offers and workers' effort levels. In (almost) all these experiments the employer both owns and controls the firm. Yet in reality many firms are characterized by the separation of ownership and control....
Persistent link: https://www.econbiz.de/10005136878
We develop a model of manager-employee relationships where employees care more for their manager when they are more convinced that their manager cares for them. Managers can signal their altruistic feelings towards their employees in two ways: by offering a generous wage and by giving attention....
Persistent link: https://www.econbiz.de/10005136961
One of the main findings of a large body of gift exchange experiments is that in an incomplete contracts environment workers on average do not shirk and usually provide more than the minimum enforceable effort level. In general, 40 to 60 percent of the workers reward higher wages with higher...
Persistent link: https://www.econbiz.de/10005137214
exchange is either coercive or voluntary, and relative strength governs power relations in coercive exchange. We stress the … importance of free disposal of goods which allows for excess holdings larger than consumption, thereby modelling the power to …
Persistent link: https://www.econbiz.de/10008513226
can have better power than alternative Empirical Distribution Function tests. …
Persistent link: https://www.econbiz.de/10005136931
Power is a core concept in the analysis and design of organisations. In this paper we consider positional power in … hierarchies. One of the problems with the extant literature on positional power in hierarchies is that it is mainly restricted to … the analysis of power in terms of the bare positions of the actors. While such an analysis informs us about the authority …
Persistent link: https://www.econbiz.de/10005137145
one of the actions. By definition opinion leaders have some power over their followers, and they exercise this power by … satisfaction and power scores which allow us to analyze the actors' satisfaction and power with respect to the collective choice …
Persistent link: https://www.econbiz.de/10005036248
Power is a core concept in the analysis and design of organizations. One of the problems with the extant literature on … positional power in hierarchies is that it is mainly restricted to the analysis of power in terms of the bare positions of the …-established approaches for the analysis of power in non-hierarchical organizations such as the Banzhaf measure; and thus they are all based …
Persistent link: https://www.econbiz.de/10005450751