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, strategic motives appear as a major drive for trustees, comparable in size to positive reciprocity, and more important than …
Persistent link: https://www.econbiz.de/10011734290
The Peter Principle states that, after a promotion, the observed output of promotedemployees tends to fall. Lazear (2004) models this principle as resulting from a regression tothe mean of the transitory component of ability...
Persistent link: https://www.econbiz.de/10008939753
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
We provide the first investigation of the relationship between self-awareness and dis- honesty in a multi-wave pre-registered experiment with 1,260 subjects. In the first wave we vary the level of awareness of subjects' past dishonesty and explore the impact on behaviour in tasks that include...
Persistent link: https://www.econbiz.de/10012597402
Tournament incentive schemes offer payments dependent on relative performance and thereby are intended to motivate agents to exert productive effort. Unfortunately, however, an agent may also be tempted to destroy the production of his competitors in order to improve the own relative position....
Persistent link: https://www.econbiz.de/10010262080
matters). Our laboratory experiments indicate that workers? effort choices are highly sensitive to their own wages, but …
Persistent link: https://www.econbiz.de/10010262158
A growing literature stresses the importance of reciprocity, especially for employment relations. In this paper, we … study the interaction of different payment modes with reciprocity. In particular, we analyze how equal wages affect … rather driven by the fact that reciprocity is violated far more frequently in the equal wage treatment. Agents suffering from …
Persistent link: https://www.econbiz.de/10005761926
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/10011451190