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A controversy has been simmering in law for at least 30 years about whether pro bono work should be mandatory for lawyers, who now donate 1-3% of their time to the poor. This has centered on the unmet legal needs of the poor, the duty of lawyers, and the contrast with US doctors, who are...
Persistent link: https://www.econbiz.de/10010877904
Frustration, anger, and aggression have important consequences for economic and social behavior, concerning for example monopoly pricing, contracting, bargaining, traffic safety, violence, and politics. Drawing on insights from psychology, we develop a formal approach to exploring how...
Persistent link: https://www.econbiz.de/10011205372
cognitive, but not on affective well-being, which we interpret as a loss in identity utility. Living in a partnership …
Persistent link: https://www.econbiz.de/10010877791
of reciprocity and repeated game incentives in two treatments (one-shot and repeated) of a gift-exchange game. In both … treatments we observe reciprocity, which is strengthened in the repeated game. A detailed analysis shows that in the repeated … game some subjects imitate reciprocity. Thus, reciprocity and repeated game incentives reinforce each other. Observed …
Persistent link: https://www.econbiz.de/10005765855
This paper presents a formal theory of reciprocity. Reciprocity means that people reward kind actions and punish unkind …
Persistent link: https://www.econbiz.de/10005765909
We report on several experiments on the optimal allocation of ownership rights. The experiments confirm the property rights approach by showing that the ownership structure affects relationship-specific investments and that subjects attain the most efficient ownership allocation despite starting...
Persistent link: https://www.econbiz.de/10005765975
organizational structure impacts the effectiveness of reciprocity and to derive specific empirical predictions. We use the UK …
Persistent link: https://www.econbiz.de/10005766075
Although reciprocity is a key concept in the social sciences, it is still unclear why people engage in costly …-reported anger highlights the importance of using both techniques for studying reciprocity. …
Persistent link: https://www.econbiz.de/10005766252
general reciprocity where the counter obligation is expected but not certain and balanced reciprocity where there is a firm …
Persistent link: https://www.econbiz.de/10005405716
wage rigidity can be traced to behavioral mechanisms involving negative reciprocity, relative wage comparisons and money …
Persistent link: https://www.econbiz.de/10005406061