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Optimal wage redistribution in the presence of adverse selection in the labor market
Bastani, Spencer; Blumḳin, Tomer; Micheletto, Luca - 2015
In this paper we allude to a novel role played by the non-linear income tax system in the presence of adverse selection in the labor market due to asymmetric information between workers and firms. We show that an appropriate choice of the tax schedule enables the government to affect the wage...
Persistent link: https://www.econbiz.de/10011289068
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Inputs, incentives, and self-selection at the workplace
Amodio, Francesco; Martinez-Carrasco, Miguel A. - 2019
This paper studies how asymmetric information over inputs affects workers' response to incentives and self-selection at the workplace. Using daily records from a Peruvian egg production plant, we exploit a sudden change in the worker salary structure and find that workers' effort, firm profits,...
Persistent link: https://www.econbiz.de/10012147088
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Negative externalities and equilibrium existence in competitive markets with adverse selection
Siemens, Ferdinand von; Kosfeld, Michael - 2009
Rothschild and Stiglitz (1976) show that there need not exist a competitive equilibrium in markets with adverse selection. Building on their framework we demonstrate that externalities between agents - an agent's utility upon accepting a contract depends on the average type attracted by the...
Persistent link: https://www.econbiz.de/10003831629
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Social distance and trust : experimental evidence from a slum in Cairo
Binzel, Christine; Fehr, Dietmar - 2013
part of the social network. We examine what makes the decision to trust a stranger different from the decision to trust a … implement a binary trust game with hidden action in a lab-in-the-field experiment with residents of an informal housing area in … Cairo. Our results show that trust is higher among friends than among strangers and that higher trust among friends is …
Persistent link: https://www.econbiz.de/10009699454
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Human values and selection into supervisory positions : evidence from nine European countries
Hazans, Mihails; Masso, Jaan; Maurseth, Per Botolf - 2023
Do employees with supervisory responsibilities differ from other workers in terms of human values, especially those potentially affecting the quality and efficiency of supervision? This paper uses data from rounds 7-9 of the European Social Survey to examine the selection of employees into...
Persistent link: https://www.econbiz.de/10014442297
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Identity changes and the efficiency of reputation systems
Wibral, Matthias - 2014
Reputation systems aim to induce honest behavior in online trade by providing information about past conduct of users …. Online reputation, however, is not directly connected to a person, but only to the virtual identity of that person. Users can … therefore shed a negative reputation by creating a new account. We study the effects of such identity changes on the efficiency …
Persistent link: https://www.econbiz.de/10010359305
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Mixed up?: That's good for motivation
Koch, Alexander K. (contributor);  … - 2004 - [Elektronische Ressource]
An essential ingredient in models of career concerns is ex ante uncertainty about an agent's type. This paper shows how career concerns can arise even in the absence of any such ex ante uncertainty, if the unobservable actions that an agent takes influence his future productivity. By...
Persistent link: https://www.econbiz.de/10002452300
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The effect of observing multiple private information outcomes on the inclination to cheat
Casal, Sandro; Filippin, Antonio - 2020
opportunistic behavior with multiple realizations. The consequent reputation concerns dramatically reduce cheating by large amounts …
Persistent link: https://www.econbiz.de/10012290698
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Reputation vs selection effects in markets with informational asymmetries
Alysandratos, Theodore; Geōrganas, Sōtērēs; Sutter, … - 2022
can disentangle self-selection from reputation effects. Based on 476 taxi rides with four different types of taxis, we can … show strong reputation effects on the prices and service quality of drivers, while there is practically no evidence of a …
Persistent link: https://www.econbiz.de/10013448173
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It hurts to ask
Bénabou, Roland; Jaroszewicz, Ania; Loewenstein, George F. - 2022
We analyze the offering, asking, and granting of help or other benefits as a three-stage game with bilateral private information between a person in need of help and a potential help-giver. Asking entails the risk of rejection, which can be painful: since unawareness of the need can no longer be...
Persistent link: https://www.econbiz.de/10013382050