Showing 1 - 10 of 541
equal treatment of agents. Discrimination is, thus, a consequence of reciprocity. Agents that are discriminated against … react negatively by withholding effort. -- principal-agent problem ; permanent and temporary employment ; fairness ; wage …
Persistent link: https://www.econbiz.de/10003944228
cooperation. We try to assess the relative importance of three motives - namely reciprocity, inequity aversion, and anchoring - in … a non-linear voluntary contribution experiment. We find that, for those conditionally cooperating, both reciprocity and … reciprocity. In contrast, anchoring plays only a marginal role. Compared to what previously found in linear voluntary contribution …
Persistent link: https://www.econbiz.de/10009313091
We define and experimentally test a public provision mechanism that meets three basic ethical requirements and allows community members to influence, via monetary bids, which of several projects is implemented. For each project, participants are assigned personal values, which can be positive or...
Persistent link: https://www.econbiz.de/10010291814
We define and experimentally test a public provision mechanism that meets three basic ethical requirements and allows community members to influence, via monetary bids, which of several projects is implemented. For each project, participants are assigned personal values, which can be positive or...
Persistent link: https://www.econbiz.de/10010540349
This paper derives and justifies a procedurally fair bidding mechanism and reviews experiments that apply the mechanism to public projects provision. In the experiments, not all parties benefit from provision, and the projects ́costs can be negative. The experimental results indicate that the...
Persistent link: https://www.econbiz.de/10009792166
This paper experimentally examines a procedurally fair provision mechanism allowing members of a small community to determine, via their bids, which of four alternative public projects to implement. Previous experiments with positive cost projects have demonstrated that the mechanism is...
Persistent link: https://www.econbiz.de/10009784119
This paper derives and justifies a procedurally fair bidding mechanism and reviews experiments that apply the mechanism to public projects provision. In the experiments, not all parties benefit from provision, and the projects ́costs can be negative. The experimental results indicate that the...
Persistent link: https://www.econbiz.de/10010223369
We experimentally manipulate the efficiency of trust and reciprocity in a modified Investment Game. The aim of our … manipulation is to test whether reciprocity is mainly affected by payoff consequences of trust or by intentions underlying it. We … efficiency of trust as well as by efficiency of reciprocity. However, trustors do not fully exploit the high efficiency gains …
Persistent link: https://www.econbiz.de/10009567106
equal treatment of agents. Discrimination is, thus, a consequence of reciprocity. Agents that are discriminated against …
Persistent link: https://www.econbiz.de/10011051698
equal treatment of agents. Discrimination is, thus, a consequence of reciprocity. Agents that are discriminated against …
Persistent link: https://www.econbiz.de/10010267128