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not onlymutual trust, like simple exchange, but also a substantial degree of coordination. We examinewhether players are …
Persistent link: https://www.econbiz.de/10011317441
We consider repeated trust game experiments to study the interplay between explicit and relational incentives. After … having gained experience with two payoff variations of the trust game, subjects in the final part explicitly choose which of … contract), because this game better sustains (implicit) relational incentives backed by either reputational or reciprocity …
Persistent link: https://www.econbiz.de/10011378080
equilibrium strategies that look very much like human behaviour; altruism and fairness will be shown to feature in a natural way …
Persistent link: https://www.econbiz.de/10011327836
We develop a model of manager-employee relationships where employees care more for their manager when they are more convinced that their manager cares for them. Managers can signal their altruistic feelings towards their employees in two ways: by offering a generous wage and by giving attention....
Persistent link: https://www.econbiz.de/10011377053
personality on investor trust and trustee reciprocity in the presence relative to the absence of the investor's option to punish … levels of investor trust and trustee reciprocity, while there is a significant increase in both behaviors when punishment was … counterparts. The reliability of the strategic effects of anti-social personality during trust, reciprocity and punishment strongly …
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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
Numerous gift exchange experiments have found a positive relationship between employers' wage offers and workers' effort levels. In (almost) all these experiments the employer both owns and controls the firm. Yet in reality many firms are characterized by the separation of ownership and control....
Persistent link: https://www.econbiz.de/10011349214