Similar Search Results

Deception and incentives: how dishonesty undermines effort provision

Ederer, Florian; Fehr, Ernst - 2007

In this paper we show that subtle forms of deceit undermine the effectiveness of incentives. We design an experiment in which the principal has an interest in underreporting the true performance difference between the agents in a dynamic tournament. According to the standard approach, rational...

Persistent link: https://www.econbiz.de/10010268559

Deception and Incentives. How Dishonesty Undermines Effort Provision

Ederer, Florian; Fehr, Ernst - Institut für Volkswirtschaftslehre, … - 2007

Persistent link: https://www.econbiz.de/10005627981

Deception and Incentives: How Dishonesty Undermines Effort Provision

Fehr, Ernst; Ederer, Florian - Institute for the Study of Labor (IZA) - 2007

Persistent link: https://www.econbiz.de/10005822257

The economics of fairness, reciprocity and altruism : experimental evidence and new theories ; chapter written for the Handbook of reciprocity, gift-giving and altruism

Fehr, Ernst; Schmidt, Klaus M. - 2005 - This version: June 6, 2005

Persistent link: https://www.econbiz.de/10010371081

Fairness and the optimal allocation of ownership rights

Fehr, Ernst; Kremhelmer, Susanne; Schmidt, Klaus M. - 2004 - This version: July 9, 2004

We report on several experiments on the optimal allocation of ownership rights. The experiments confirm the property rights approach by showing that the ownership structure affects relationship-specific investments and that the subjects achieve the most efficient ownership allocation starting...

Persistent link: https://www.econbiz.de/10010365912

The economics of fairness, reciprocity and altruism : experimental evidence and new theories ; chapter written for the Handbook of reciprocity, gift-giving and altruism

Fehr, Ernst; Schmidt, Klaus M. - 2005 - This version: June 6, 2005

This paper surveys recent experimental and field evidence on the impact of concerns for fairness, reciprocity and …

Persistent link: https://www.econbiz.de/10010440439

Fairness and the optimal allocation of ownership rights

Fehr, Ernst; Kremhelmer, Susanne; Schmidt, Klaus M. - 2005 - This version: July 20, 2005

We report on several experiments on the optimal allocation of ownership rights. The experiments confirm the property rights approach by showing that the ownership structure affects relationship-specific investments and that subjects attain the most efficient ownership allocation despite starting...

Persistent link: https://www.econbiz.de/10010440440

The uncertainty triangle : uncovering heterogeneity in attitudes towards uncertainty

Burghart, Dan; Epper, Thomas; Fehr, Ernst - In: Journal of risk and uncertainty 60 (2020) 2, pp. 125-156

Persistent link: https://www.econbiz.de/10012299909

Super-Additive Cooperation

Efferson, Charles; Bernhard, Helen; Fischbacher, Urs; … - 2022

mechanism reliably supports the evolution of cooperation when actions vary continuously. Ambiguous reciprocity, a strategy … can stabilise cooperative strategies against the corrosive effect of ambiguous reciprocity. Evolved strategies often … consist of cooperative reciprocity with ingroup partners and uncooperative reciprocity with outgroup partners. Results from a …

Persistent link: https://www.econbiz.de/10014290043

Fairness, Incentives and Contractual Incompleteness

Fehr, Ernst; Klein, Alexander; Schmidt, Klaus - 2001

We show that concerns for fairness may have dramatic consequences for the optimal provision of incentives in a moral hazard context. Incentive contracts that are optimal when there are only selfish actors become inferior when some agents are concerned about fairness. Conversely, contracts that...

Persistent link: https://www.econbiz.de/10010315115