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opportunistically. We find that most principals in our experiment do not restrict the agent?s choice set but trust that the agent will … perform well voluntarily. Principals who trust induce, on average, a higher performance and hence earn higher payoffs than …
Persistent link: https://www.econbiz.de/10010261958
opportunistically. We find that most principals in our experiment do not restrict the agent’s choice set but trust that the agent will … perform well voluntarily. Principals who trust induce, on average, a higher performance and hence earn higher payoffs than …
Persistent link: https://www.econbiz.de/10005762323
This paper presents a formal theory of reciprocity. Reciprocity means that people reward kind actions and punish unkind ones. The theory takes into account that people evaluate the kindness of an action not only by its consequences but also by the intention underlying this action. The theory...
Persistent link: https://www.econbiz.de/10011398368
In this paper we show that a simple model of fairness preferences explains major experimental regularities of common …
Persistent link: https://www.econbiz.de/10011398786
' perceptions of fairness and trust are also key drivers of their work effort. Treating employees with respect is not only ethically …
Persistent link: https://www.econbiz.de/10011413663
Persistent link: https://www.econbiz.de/10011855589
Persistent link: https://www.econbiz.de/10013423619
In this paper we show that a simple model of fairness preferences explains major experimental regularities of common …
Persistent link: https://www.econbiz.de/10014460996
The evaluation of labor market policies has become an important issue in many Europeancountries. In recent years, a …. Therefore, information that might be relevantfor economic modeling is often absent. The IZA Evaluation Dataset aims to overcome … sampling andcontents of the IZA Evaluation Dataset and outlines the future development.... …
Persistent link: https://www.econbiz.de/10009360557
fairness and trust are also key drivers of their work effort. Treating employees with respect is not only ethically warranted …
Persistent link: https://www.econbiz.de/10011404832