Showing 1 - 10 of 12
The 'ratchet effect' refers to a situation where a principal uses private information that is revealed by an agent … ; private information ; labor markets …
Persistent link: https://www.econbiz.de/10003769812
In this paper, we investigate individuals' investment in status in an environment where no monetary return can possibly be derived from reaching a better relative position. We use a real-effort experiment in which we permit individuals to learn and potentially improve their status (rank). We...
Persistent link: https://www.econbiz.de/10003985726
. We vary the information workers receive, finding that social comparisons concerning both wages and decision rights affect …
Persistent link: https://www.econbiz.de/10010226059
complements, and participants have either complete or incomplete information about the structure of a random network. Since … wide variety of settings. The degree of equilibrium play is striking, in particular with incomplete information. Behavior … coordinate on a demanding, but efficient, equilibrium that is typically implemented with complete information. …
Persistent link: https://www.econbiz.de/10010344833
The effectiveness of social interaction depends strongly on an ability to coordinate actions efficiently. In large networks, such coordination may be very difficult to achieve and may depend on the communication technology and the network structure. We examine how pre-play communication and...
Persistent link: https://www.econbiz.de/10012006270
representative panel of the Dutch population, we test if these measures can explain two different types of behavior: (i) behavior in …
Persistent link: https://www.econbiz.de/10012022694
Improving cognitive function and reducing stress may yield important benefits to individuals' health and to society. We conduct an experiment involving a three-month within-firm training program based on the principles of mindfulness and positive psychology at three large companies. We find an...
Persistent link: https://www.econbiz.de/10014365687
understanding of principal-agent interactions, social preferences, union-firm bargaining, arbitration, gender differentials …
Persistent link: https://www.econbiz.de/10003964355
"We devise an experiment to explore the effect of different degrees of competition on optimal contracts in a hidden-information …
Persistent link: https://www.econbiz.de/10003373398
The population of most developed societies is 'graying'. As life expectancy increases and the large baby-boom generation approaches retirement age, this has critical consequences for maintaining a high standard of living and the sustainability of pension systems. In the light of these...
Persistent link: https://www.econbiz.de/10003515371