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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/10010383298
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/10010496082
This paper presents a formal theory of reciprocity. Reciprocity means that people reward kind actions and punish unkind …
Persistent link: https://www.econbiz.de/10011398368
organizational structure impacts the effectiveness of reciprocity and to derive specific empirical predictions. We use the UK …-WERS workplace compensation data set to confirm the predictions of our extended model. -- Optimal contracts ; reciprocity …
Persistent link: https://www.econbiz.de/10003763282
making ; choice behavior ; public goods ; experimental economics ; altruism ; fairness ; conditional reciprocity …
Persistent link: https://www.econbiz.de/10008697050
Social preference research has fundamentally changed the way economists think about many important economic and social phenomena. However, the empirical foundation of social preferences is largely based on laboratory experiments with self-selected students as participants. This is potentially...
Persistent link: https://www.econbiz.de/10008697134
This paper considers a dynamic model of the evolution of open source software projects, focusing on the evolution of quality, contributing programmers, and users who contribute customer support to other users. Programmers who have used open source software are motivated by reciprocal altruism to...
Persistent link: https://www.econbiz.de/10008697802
reduces reciprocity. -- trust ; reciprocity ; investment game ; group membership ; competition …
Persistent link: https://www.econbiz.de/10003935235
model does substantially better than other theories in organizing the data. -- reciprocity ; fairness ; real effort …
Persistent link: https://www.econbiz.de/10003937791
There is ample empirical evidence indicating that a substantial fraction of the population exhibits social preferences. Recent work also shows that social preferences influence the effectiveness of incentives in labor relations. Hence when making contracting decisions, employers should take into...
Persistent link: https://www.econbiz.de/10009375713