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Retributive responses do play a role in human behavior. Whether they are primarily triggered by supposed intentions or by observed consequences of actions is an important question. It can be addressed by experimental studies of retributive responses in situations in which the individual actor...
Persistent link: https://www.econbiz.de/10005588006
We study an ultimatum experiment in which the responder does not know the offer when accepting or rejecting. Unconditional veto power leads to acceptances, although proposers are significantly greedier than in standard ultimatum games, and this is anticipated by responders.
Persistent link: https://www.econbiz.de/10005588018
Whether incentive contracts perform better than trust in terms of productive efficiency is usually explored by … theoretic prediction, we find that (mutual) trust is as good as incentive contracts in inducing costly actions by employees …
Persistent link: https://www.econbiz.de/10005765124