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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
This paper investigates physiological responses to perceptions of unfair pay. In a simple principal agent experiment agents produce revenue by working on a tedious task. Principals decide how this revenue is allocated between themselves and their agents. In this environment unfairness can arise...
Persistent link: https://www.econbiz.de/10010278692
This paper investigates physiological responses to perceptions of unfair pay. In a simple principal agent experiment agents produce revenue by working on a tedious task. Principals decide how this revenue is allocated between themselves and their agents. In this environment unfairness can arise...
Persistent link: https://www.econbiz.de/10009024593
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
paper, we conduct laboratory experiments in which we explore the motivations for and the effects of group identity. We find …
Persistent link: https://www.econbiz.de/10005762312
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