Showing 1 - 10 of 195
uncertain mapping between effort and output that inhibits reciprocity. This uncertainty is prevalent in creative and other …
Persistent link: https://www.econbiz.de/10011479746
This paper investigates the extent of the holdup underinvestment problem in a buyer-seller relationship in which the seller has private information about his alternative trading opportunities. Theory predicts that, compared with a situation in which outside options are publicly observed, the...
Persistent link: https://www.econbiz.de/10011334336
One of the main findings of a large body of gift exchange experiments is that in an incomplete contracts environment … in the size of the workforce and intention-based reciprocity rather than social preferences seems to be the main driving …
Persistent link: https://www.econbiz.de/10011338000
We consider repeated trust game experiments to study the interplay between explicit and relational incentives. After … contract), because this game better sustains (implicit) relational incentives backed by either reputational or reciprocity …
Persistent link: https://www.econbiz.de/10011378080
reciprocity and inequality aversion reduce the attraction of performance related pay. Other-regarding preferences influence both …
Persistent link: https://www.econbiz.de/10010261940
mechanism's robustness is explored in further experiments. …
Persistent link: https://www.econbiz.de/10010319469
mechanism's robustness is explored in further experiments. …
Persistent link: https://www.econbiz.de/10010884174
Persistent link: https://www.econbiz.de/10010191088
Persistent link: https://www.econbiz.de/10009720706
We provide a game theoretic analysis of how power shapes the clarity of communication. We analyze information transmission in a cheap talk bargaining game between an informed Sender and an uninformed Receiver. Theoretically, we find that the maximum amount of information that can be transmitted...
Persistent link: https://www.econbiz.de/10011386160