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Other-Regarding Preferences and Performance Pay : An Experiment on Incentives and Sorting

Villeval, Marie-Claire; Eriksson, Tor - 2004

experiment that analyzes the influence of other-regarding preferences on sorting and incentives. Experimental evidence shows that …

Persistent link: https://www.econbiz.de/10010261940

Envy and Compassion in Tournaments

Grund, Christian; Sliwka, Dirk - 2002

Many experiments indicate that most individuals are not purely motivated by material self interest, but also care about the well being of others. In this paper we examine tournaments among inequity averse agents, who dislike disadvantageous inequity (envy) and advantageous inequity (compassion)....

Persistent link: https://www.econbiz.de/10010262248

Mutual monitoring in teams: theory and experimental evidence on the importance of reciprocity

Carpenter, Jeffrey P.; Bowles, Samuel; Gintis, Herbert - 2006

Monitoring by peers is often an effective means of attenuating incentive problems. Most explanations of the efficacy of mutual monitoring rely either on small group size or on a version of the Folk theorem with repeated interactions which requires reasonably accurate public information...

Persistent link: https://www.econbiz.de/10010267388

Shall we kill or enslave Caesar? Analyzing the Caesar model

Jasso, Guillermina - 2008

paper presents a model of killing versus enslaving Caesar, based on a new theory which unifies justice, status, and power … of societies - justice-nonmaterialistic, status, and power-nonmaterialistic. Results cover members' gains, effects of own … killed only in a justice-nonmaterialistic society, and from the noblest of motives - to achieve equal gains for members. …

Persistent link: https://www.econbiz.de/10010268571

A behavioral account of the labor market: the role of fairness concerns

Fehr, Ernst; Goette, Lorenz; Zehnder, Christian - 2008

In this paper, we argue that important labor market phenomena can be better understood if one takes (i) the inherent incompleteness and relational nature of most employment contracts and (ii) the existence of reference-dependent fairness concerns among a substantial share of the population into...

Persistent link: https://www.econbiz.de/10010269083

Social comparison and performance: experimental evidence on the fair wage-effort hypothesis

Gächter, Simon; Thöni, Christian - 2010

We investigate the impact of wage comparisons for worker productivity. We present three studies which all use three-person gift-exchange experiments. Consistent with Akerlof and Yellen's (1990) fair wage-effort hypothesis we find that disadvantageous wage discrimination leads to lower efforts...

Persistent link: https://www.econbiz.de/10010269409

Wage dispersion and firm productivity in different working environments

Mahy, Benoît; Rycx, François; Volral, Mélanie - 2009

This paper investigates the impact of wage dispersion on firm productivity in different working environments. More precisely, it examines the interaction with: i) the skills of the workforce, using a more appropriate indicator than the standard distinction between white- and blue collar workers,...

Persistent link: https://www.econbiz.de/10010271243

Who benefits from benefits? Empirical research on tangible incentives

Hammermann, Andrea; Mohnen, Alwine - 2012

Although a broad field of literature on incentive theory exists, employer-provided tangible goods (hereafter called benefits) have so far been neglected by economic research. A remarkable exception is an empirical study by Oyer (2008). In our study, we test some of his findings by drawing on a...

Persistent link: https://www.econbiz.de/10010282164

Is Strong Reciprocity a Maladaptation? On the Evolutionary Foundations of Human Altruism

Fehr, Ernst; Henrich, Joseph - 2003

In recent years a large number of experimental studies have documented the existence of strong reciprocity among humans. Strong reciprocity means that people willingly repay gifts and punish the violation of cooperation and fairness norms even in anonymous one-shot encounters with genetically...

Persistent link: https://www.econbiz.de/10010262063

Moral hypocrisy, power and social preferences

Rustichini, Aldo; Villeval, Marie Claire - 2012

We show with a laboratory experiment that individuals adjust their moral principles to the situation and to their …

Persistent link: https://www.econbiz.de/10010286903

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