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pillar is internalized norms of cooperation, sustained by emotions such as guilt and shame. The second pillar is the … motivation can sustain cooperation if enough people cooperate but can jeopardise social order if many others follow selfish …
Persistent link: https://www.econbiz.de/10010337527
may render the provision of explicit incentive inefficient because the incentives may crowd out voluntary co-operation. It …
Persistent link: https://www.econbiz.de/10009781614
A burgeoning literature in economics has started examining the role of social norms in explaining economic behavior. Surprisingly, the vast majority of this literature has studied social norms in asocial decision settings, where individuals are observed to act in isolation from each other. In...
Persistent link: https://www.econbiz.de/10011659355
" VCMP to rule out other potential explanations. We use a beliefs-based model, rooted in psychological game theory, to derive …
Persistent link: https://www.econbiz.de/10013494040
contributing to the public good. The model combines a follower's concern for fairness and informational signaling about …
Persistent link: https://www.econbiz.de/10011573862
distributional equity. Fairness among agents with different preferences is taken into account by considering their marginal … perceived as an outcome of fair cooperation. …
Persistent link: https://www.econbiz.de/10003121009
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/10003301219
This paper analyzes a dynamic relational contract for employees with reciprocal preferences. I develop a tractable model to investigate how “direct” performance-pay (promising a bonus in exchange for effort) and generous upfront wages (which activate the norm of reciprocity) interact over...
Persistent link: https://www.econbiz.de/10012241077
We examine whether belief-based preferences - caring about what transgressors believe - play a crucial role in punishment decisions: Do punishers want to make sure that transgressors understand why they are being punished, and is this desire to affect beliefs often prioritized over distributive...
Persistent link: https://www.econbiz.de/10012166019
of universal cooperation because the more prosocial subjects populate the two efficient institutions first, elect … prosocial judges (if institutionally possible), and immediately establish a social norm of high cooperation. This norm appears … to guide subjects' cooperation and punishment choices, including the virtually complete removal of antisocial punishment …
Persistent link: https://www.econbiz.de/10011825357