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sequence in order to improve fairness. …
Persistent link: https://www.econbiz.de/10011744590
We examine the influence of guilt and trust on the performance of credence goods markets. An expert can make a promise …'s provision and charging decisions. We argue that the expert's promise induces a commitment that triggers guilt if the promise is … broken, and guilt is exacerbated by higher interaction prices. An experiment qualitatively confirms our predictions: (1) most …
Persistent link: https://www.econbiz.de/10010269892
depending on whether their preferences exhibit desert elation or desert guilt. Our notion of desert generalizes distributional … guilt generates a continuum of symmetric equilibria. Equilibrium effort can lie above or below the level in the absence of … desert, so desert guilt generates behavior consistent with both positive and negative reciprocity and may underpin social …
Persistent link: https://www.econbiz.de/10010409388
depending on whether their preferences exhibit desert elation or desert guilt. Our notion of desert generalizes distributional … guilt generates a continuum of symmetric equilibria. Equilibrium effort can lie above or below the level in the absence of … desert, so desert guilt generates behavior consistent with both positive and negative reciprocity and may underpin social …
Persistent link: https://www.econbiz.de/10010959847
We examine the influence of guilt and trust on the performance of credence goods markets. An expert can make a promise …’s provision and charging decisions. We argue that the expert’s promise induces a commitment that triggers guilt if the promise is … broken, and guilt is exacerbated by higher interaction prices. An experiment qualitatively confirms our predictions: (1) most …
Persistent link: https://www.econbiz.de/10008529143
We study the effect of recognition on performance with a field experiment involving first-year undergraduate students … that conformance to performance norm is the most likely behavioral mechanism behind our findings. …
Persistent link: https://www.econbiz.de/10010333269
has ignored possible dynamic effects: e.g., anticipating that team formation is based on prior performance will affect … prior performance. We test this hypothesis in a lab experiment with two stages of a real effort task. Participants first … performance. Our results are consistent with a simple investment-cum-matching model: pairing the worst performing individuals with …
Persistent link: https://www.econbiz.de/10011653121
in order to assess how men and women respond to competitive pressure. Comparing their performance in low-stakes versus … results are mixed. Furthermore, even if women show a drop in performance in the more crucial stages of the match, it is in any …
Persistent link: https://www.econbiz.de/10011653315
In this paper we provide the first analysis of whether rushed privatizations, usually carried out under fiscal duress, increase or decrease firms' efficiency, scale of operation (size) and employment. Using a large panel of firm-level data from Poland over 1995-2015, we show that rushed...
Persistent link: https://www.econbiz.de/10011873521
This study is the first to estimate the effects of the sending-off of a player on the full time results in international club soccer. To this end, we analyse data of more than 2,000 recent games in the UEFA Champions League and UEFA Europa League. We find that when home teams receive a red card,...
Persistent link: https://www.econbiz.de/10011931687