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Self-serving dictators
Asheim, Geir B.; Helland, Leif; Hovi, Jon; Hoyland, Bjorn - 2008
We provide experimental evidence of self-serving fairness ideals in a dictator game design that includes treatments … the dictator reduce her generosity significantly. Hence, the fairness ideal adopted by dictators appears to be equal share …
Persistent link: https://www.econbiz.de/10010285576
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Price-setting Power versus Private Information
Sloof, Randolph - 2003
This paper investigates the extent of the holdup underinvestment problem in a buyer-seller relationship in which the seller has private information about his alternative trading opportunities. Theory predicts that, compared with a situation in which outside options are publicly observed, the...
Persistent link: https://www.econbiz.de/10010325012
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Gift Exchange in a Multi-worker Firm
Maximiano, Sandra; Sloof, Randolph; Sonnemans, Joep - 2004
One of the main findings of a large body of gift exchange experiments is that in an incomplete contracts environment …
Persistent link: https://www.econbiz.de/10010325208
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The Interaction between Explicit and Relational Incentives: An Experiment
Sloof, Randolph; Sonnemans, Joep - 2009
We consider repeated trust game experiments to study the interplay between explicit and relational incentives. After …
Persistent link: https://www.econbiz.de/10010325755
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The Effect of Noise in a Performance Measure on Work Motivation
Sloof, Randolph; van Praag, C. Mirjam - 2008
This paper reports the results of an individual real effort laboratory experiment where subjects are paid for measured performance. Measured performance equals actual performance plus noise. We compare a stable environment where the noise is small with a volatile environment where the noise is...
Persistent link: https://www.econbiz.de/10010325762
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Employee Types and Endogenous Organizational Design
Cunyat, Antoni; Sloof, Randolph - 2008
When managers are sufficiently guided by social preferences, incentive provision through an organizational mode based on informal implicit contracts may provide a cost-effective alternative to a more formal mode based on explicit contracts and monitoring. This paper reports the results from a...
Persistent link: https://www.econbiz.de/10010326039
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The effect of noise in a performance measure on work motivation
Sloof, Randolph; Praag, Mirjam van - 2008
This paper reports the results of an individual real effort laboratory experiment where subjects are paid for measured performance. Measured performance equals actual performance plus noise. We compare a stable environment where the noise is small with a volatile environment where the noise is...
Persistent link: https://www.econbiz.de/10011376648
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Price-setting power versus private information
Sloof, Randolph - 2003
This paper investigates the extent of the holdup underinvestment problem in a buyer-seller relationship in which the seller has private information about his alternative trading opportunities. Theory predicts that, compared with a situation in which outside options are publicly observed, the...
Persistent link: https://www.econbiz.de/10011334336
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Performance measurement, expectancy and agency theory : an experimental study
Sloof, Randolph; Praag, Mirjam van - 2006
Theoretical analyses of (optimal) performance measures are typically performed within the realm of the linear agency model. This model implies that, for a given compensation scheme, the agent’s optimal effort is unrelated to the amount of noise in the performance measure. In contrast,...
Persistent link: https://www.econbiz.de/10011343251
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Evaluating intergenerational risks : probabillity adjusted rank-discounted utilitarianism
Asheim, Geir B.; Zuber, Stéphane - 2015 - This version February 20, 2015
Climate policies have stochastic consequences that involve a great number of generations. This calls for evaluating social risk (what kind of societies will future people be born into) rather than individual risk (what will happen to people during their own lifetimes). As a response we propose...
Persistent link: https://www.econbiz.de/10010530542