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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
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
in the size of the workforce and intention-based reciprocity rather than social preferences seems to be the main driving …
Persistent link: https://www.econbiz.de/10005137214
We study fairness and reciprocity in a Hawk-Dove game. This alllows us to test various models in one framework. We …
Persistent link: https://www.econbiz.de/10005137274
maximization problem of the firm. As a result, monitoring and pay should be complements. In our experiment, between and within … on the reciprocity of employees. …
Persistent link: https://www.econbiz.de/10005144512
This paper investigates an implication of the self-serving bias for reciprocal responses. It is hypothesized that negative intentionality matters more than positive intentionality for reciprocating individuals with a self-serving attributional style. Experimental evidence obtained in the hot...
Persistent link: https://www.econbiz.de/10005136955
generally the same in both treatments, in line with rule-based social preference models, like procedural fairness. …
Persistent link: https://www.econbiz.de/10009391881
fairness perceptions affect the reaction to punishment and whether this effect is consistent across repeated play and role … behavior depending on their fairness perceptions, their experienced emotions, and their interaction with responders. We find … that fairness plays an important role in the behavior of proposers. Specifically, deviations from a perceived fairness norm …
Persistent link: https://www.econbiz.de/10005136864
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