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theories of fairness and reciprocity capture these forces. We find that cooperators' punishment is almost exclusively targeted … between different fairness principles. Fairness theories that are based on the assumption that players compare their own … the defectors. Fairness theories assuming that players aim to minimize payoff inequalities cannot explain the fact that …
Persistent link: https://www.econbiz.de/10010267590
This paper presents a formal theory of reciprocity. Reciprocity means that people reward kind actions and punish unkind …
Persistent link: https://www.econbiz.de/10011398368
solely rely on the reciprocity of employees. …
Persistent link: https://www.econbiz.de/10010427614
health, and fairness of pay. …
Persistent link: https://www.econbiz.de/10011601022
We examine the influence of guilt and trust on the performance of credence goods markets. An expert can make a promise to a consumer first, whereupon the consumer can express her trust by paying an interaction price before the expert's provision and charging decisions. We argue that the expert's...
Persistent link: https://www.econbiz.de/10010269892
We examine the influence of guilt and trust on the performance of credence goods markets. An expert can make a promise to a consumer first, whereupon the consumer can express her trust by paying an interaction price before the expert's provision and charging decisions. We argue that the expert's...
Persistent link: https://www.econbiz.de/10010294816
Field evidence suggests that people belonging to the same group often behave similarly, i.e., behavior exhibits social interaction effects. We conduct a laboratory experiment that avoids the identification problem present in the field and allows us to study the behavioral logic of social...
Persistent link: https://www.econbiz.de/10010277490
equal treatment of agents. Discrimination is, thus, a consequence of reciprocity. Agents that are discriminated against …
Persistent link: https://www.econbiz.de/10010267128
We study how the distribution of other-regarding preferences develops with age. Based on a set of allocation choices, we can classify each of 717 subjects, aged 8 to 17 years, as either egalitarian, altruistic, or spiteful. Varying the allocation recipient as either an in-group or an out-group...
Persistent link: https://www.econbiz.de/10009232498
We study how the distribution of other-regarding preferences develops with age. Based on a set of allocation choices, we can classify each of 717 subjects, aged 8 to 17 years, as either egalitarian, altruistic, or spiteful. Varying the allocation recipient as either an in-group or an out-group...
Persistent link: https://www.econbiz.de/10009011378