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Fairness, adverse selection, and employment contracts
Siemens, Ferdinand von - 2005
extent of their fairness concerns. Fairness is modelled as inequity aversion, where fair-minded workers suffer if their … colleagues get more income net of production costs. Screening workers with equal productivity but different fairness concerns is … the fraction of fair-minded workers. As a result, fairness might influence the employment contracts of all workers …
Persistent link: https://www.econbiz.de/10010366541
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Incentives, Self-Selection, and Coordination of Motivated Agents for the Production of Social Goods
Bauer, Kevin; Kosfeld, Michael; von Siemens, Ferdinand - 2021
We study, theoretically and empirically, the effects of incentives on the self-selection and coordination of motivated agents to produce a social good. Agents join teams where they allocate effort to either generate individual monetary rewards (selfish effort) or contribute to the production of...
Persistent link: https://www.econbiz.de/10013217557
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Complexity and Distributive Fairness Interact in Affecting Compliance Behavior
Bellemare, Charles - 2019
intrinsically linked to distributive fairness. We find that compliance remains largely unaffected by complexity when income taxes …
Persistent link: https://www.econbiz.de/10012860571
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Innovation strategies in a competitive dynamic setting
Lukach, Ruslan; Plasmans, Joseph; Kort, Peter M. - 2005
This paper presents a dynamic model of a competitive R&D and production duopoly subject to knowledge spillovers. Two asymmetric firms operate for a limited period of time and dispose their knowledge capital in the end. Both firms and the social planner prefer the R&Dcooperative strategy over the...
Persistent link: https://www.econbiz.de/10010261135
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Cooperating, Fast and Slow: Testing the Social Heuristics Hypothesis.
Strømland, Eirik; Tjøtta, Sigve; Torsvik, Gaute - 2016
Are humans intuitively cooperative, or do we need to deliberate in order to be generous to others? The Social Heuristics Hypothesis (SHH) proposes that fast instinctive decision making promotes cooperation in social dilemmas. In this paper, we conduct a novel time-pressure experiment to shed...
Persistent link: https://www.econbiz.de/10011480458
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Improving Human Deception Detection Using Algorithmic Feedback
Serra-Garcia, Marta; Gneezy, Uri - 2023
Can algorithms help people detect deception in high-stakes strategic interactions? Participants watching the pre-play communication of contestants in the TV show Golden Balls display a limited ability to predict contestants' behavior, while algorithms do significantly better. We provide...
Persistent link: https://www.econbiz.de/10014377492
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The Team Allocator Game: Allocation Power in Public Goods Games
Karakostas, Alexandros; Kocher, Martin G.; Matzat, Dominik - 2021
We analyze linear, weakest-link and best-shot public goods games in which a distinguished team member, the team allocator, has property rights over the benefits from the public good and can distribute them among team members. These team allocator games are intended to capture natural asymmetries...
Persistent link: https://www.econbiz.de/10012582086
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Courtesy and idleness : gender differences in team work and team competition
Ivanova-Stenzel, Radosveta; Kübler, Dorothea - 2005
Does gender play a role in the context of team work? Our results based on a real-effort experiment suggest that performance depends on the composition of the team. We find that female and male performance differ most in mixed teams with revenue sharing between the team members, as men put in...
Persistent link: https://www.econbiz.de/10010365905
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Adding a stick to the carrot? : the interaction of bonuses and fines
Fehr, Ernst; Schmidt, Klaus M. - 2007
In this paper we report on a principal-agent experiment where the principal can choose whether to rely on an unenforcable bonus contract or to combine the bonus contract with a fine if the agent's effort falls below a minimum standard. We show that most principals do not use the fine and that...
Persistent link: https://www.econbiz.de/10010365854
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Does Pre-Play Social Interaction Improve Negotiation Outcomes?
Brañas-Garza, Pablo - 2019
We study experimentally the impact of pre-play social interactions on negotiations. These interactions are often complex. Thus, we attempt to isolate the impact of several of its more common components: conversations, food, and beverages, which could be alcoholic or nonalcoholic. To do this, our...
Persistent link: https://www.econbiz.de/10012892146