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Incomplete and Asymmetric Surplus Information in Labor Relations
Hennig-Schmidt, Heike; Rockenbach, Bettina; Sadrieh, … - 2003
information on the surplus created. Recent field experiments, however, suggest that trust and reciprocity may be lower or absent … when the information is incomplete. We report a laboratory experiment with symmetric and asymmetric incomplete surplus … information in a “bilateral gift exchange” setting. We find that trust and reciprocity have a significant positive effect on wages …
Persistent link: https://www.econbiz.de/10010263092
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A way of explaining unemployment through a wage-setting game
Tasnádi, Attila - 2003
We investigate a duopsonistic wage-setting game in which the firms have a limited number of workplaces. We assume that the firms have heterogeneous productivity, that there are two types of workers with different reservation wages and that a worker's productivity is independent of his type. We...
Persistent link: https://www.econbiz.de/10010263101
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Sabotage in Asymmetric Contests – An Experimental Analysis
Kräkel, Matthias; Irlenbusch, Bernd; Harbring, Christine; … - 2004
In a contest players compete for winning a prize by effort and thereby increasing their probability of winning. Contestants, however, could also improve their own relative position by harming the other players. We experimentally analyze contests with heterogeneous agents who may individually...
Persistent link: https://www.econbiz.de/10010263109
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Standard Breach Remedies, Quality Thresholds, and Cooperative Investments
Stremitzer, Alexander - 2008
some (arbitrarily chosen) quality threshold. In order to implement this regime, no more information needs to be verifiable …
Persistent link: https://www.econbiz.de/10010270017
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The Optimality of Simple Contracts: Moral Hazard and Loss Aversion
Herweg, Fabian; Müller, Daniel - 2008
the case the principal may be unable to fine-tune incentives. Strategic ignorance of information by the principal, however …
Persistent link: https://www.econbiz.de/10010264926
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Education, Income Distribution and Innovation
Shen, Ling - 2004
In this paper we study the impact of the income distribution on innovation through the demand for quality goods. For simplicity, we assume that there are two types of consumers, rich and poor. The income distribution is measured by the population share of the poor and the relative income of the...
Persistent link: https://www.econbiz.de/10010263108
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Treating Equals Unequally - Incentives in Teams, Workers' Motivation and Production Technology
Goerg, Sebastian J.; Kube, Sebastian; Zultan, Ro'i - 2007
The importance of fair and equal treatment of workers is at the heart of the debate in organizational management. In this regard, we study how reward mechanisms and production technologies affect effort provision in teams. Our experimental results demonstrate that unequal rewards can potentially...
Persistent link: https://www.econbiz.de/10010274004
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Treating Equals Unequally - Incentives in Teams, Workers' Motivation and Production Technology
Goerg, Sebastian; Kube, Sebastian; Ro'i Zultan - University of Bonn, Germany - 2007
The importance of fair and equal treatment of workers is at the heart of the debate in organizational management. In this regard, we study how reward mechanisms and production technologies affect effort provision in teams. Our experimental results demonstrate that unequal rewards can potentially...
Persistent link: https://www.econbiz.de/10004968354
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Incomplete and Asymmetric Surplus Information in Labor Relations
Hennig-Schmidt, Heike; Rockenbach, Bettina; Sadrieh, … - University of Bonn, Germany - 2003
information on the surplus created. Recent field experiments, however, suggest that trust and reciprocity may be lower or absent … when the information is incomplete. We report a laboratory experiment with symmetric and asymmetric incomplete surplus … information in a “bilateral gift exchange” setting. We find that trust and reciprocity have a significant positive effect on wages …
Persistent link: https://www.econbiz.de/10004968462
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Standard Breach Remedies, Quality Thresholds, and Cooperative Investments
Stremitzer, Alexander - University of Bonn, Germany - 2009
some (arbitrarily chosen) quality threshold. In order to implement this regime, no more information needs to be verifiable …
Persistent link: https://www.econbiz.de/10005009778