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maximization problem of the firm. As a result, monitoring and pay should be complements. In our experiment, between and within …
Persistent link: https://www.econbiz.de/10010427614
. In our laboratory experiment, we establish the existence of a significant efficiency premium of uniform wages. However …
Persistent link: https://www.econbiz.de/10010427617
We assess the extent of preferences for employment in a collective wage bargaining situation with heterogeneous workers. We vary the size of the union and introduce a treatment mechanism transforming the voting game into an individual allocation task. Our results show that highly productive...
Persistent link: https://www.econbiz.de/10010427643
Evidence from studies in international relations, the politics of reform, collective action and price competition suggests that economic agents in social dilemma situations cooperate more to avoid losses than in the pursuit of gains. To test whether the prospect of losses can induce cooperation,...
Persistent link: https://www.econbiz.de/10012997327