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We investigate the impact of wage comparisons for worker productivity. We present three studies which all use three-person gift-exchange experiments. Consistent with Akerlof and Yellen's (1990) fair wage-effort hypothesis we find that disadvantageous wage discrimination leads to lower efforts...
Persistent link: https://www.econbiz.de/10003908626
Persistent link: https://www.econbiz.de/10008667306
We investigate the impact of wage comparisons for worker productivity. We present three studies which all use three-person gift-exchange experiments. Consistent with Akerlof and Yellen's (1990) fair wage-effort hypothesis we find that disadvantageous wage discrimination leads to lower efforts...
Persistent link: https://www.econbiz.de/10003934053
Persistent link: https://www.econbiz.de/10008933264
endowment effect experiment by eliciting both WTA and WTP from each of our 360 subjects (randomly selected customers of a car …
Persistent link: https://www.econbiz.de/10008738472
reciprocity toward employers: in this case own wage is a powerful determinant of own effort, but co-worker wages have no effect … is also pronounced when the employer pays unequal wages to the employees: in this case the co-worker's effort decision is …
Persistent link: https://www.econbiz.de/10003740149
This paper investigates how social comparison information about referent others (i.e. learning what similar others do and how they are treated) affects reciprocal relationships. Using a three-person gift-exchange game we study how employees' reciprocity towards an employer is affected by...
Persistent link: https://www.econbiz.de/10003990216
reciprocity toward employers: in this case own wage is a powerful determinant of own effort, but co-worker wages have no effect … is also pronounced when the employer pays unequal wages to the employees: in this case the co-worker's effort decision is …
Persistent link: https://www.econbiz.de/10003747659
We introduce "group cohesion" to study the economic relevance of social relationships in team production. We operationalize measurement of group cohesion, adapting the "oneness scale" from psychology. A series of experiments, including a pre-registered replication, reveals strong positive...
Persistent link: https://www.econbiz.de/10014480559
We propose that religion impacts trust and trustworthiness in ways that depend on how individuals are socially identified and connected. Religiosity and religious affiliation may serve as markers for statistical discrimination. Further, affiliation to the same religion may enhance group...
Persistent link: https://www.econbiz.de/10011449226