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evidence that they also encourage reciprocity. Keyword(s): Reciprocity; Retribution; Fairness; Non-binding contracts …-shot experiments were conducted with and without the possibility of making non-binding contracts beforehand. We find that retribution … is much more compelling than reciprocity. Although contracts are not binding they increase trust, but we do not find …
Persistent link: https://www.econbiz.de/10014141311
We experimentally investigate the relevance of (asymmetric) outside options in ultimatum bargaining. Building on the generalized equity principle formulated by Selten (1978) we derive three different equity rules. These equity rules can explain 43% of all o ers. Our within-subject design allows...
Persistent link: https://www.econbiz.de/10010338950
We experimentally investigate multiple notions of equity in ultimatum bargaining with asymmetric outside options. Building on the generalized equity principle formulated by Selten (1978), we derive three different equity rules that can explain 43% of all offers. Our within-subject design further...
Persistent link: https://www.econbiz.de/10010191262
We experimentally investigate multiple notions of equity in ultimatum bargaining with asymmetric outside options. Building on the generalized equity principle formulated by Selten (1978), we derive three different equity rules that can explain 43% of all offers. Our within-subject design further...
Persistent link: https://www.econbiz.de/10013074889
Essential characteristics of corruption are (1) a reciprocity relationship between briber and public official, (2 … exclusion from the experiment without payment. The results show that reciprocity establishes bribery relationships, where …
Persistent link: https://www.econbiz.de/10004968325
Although relative performance schemes are pervasive in organizations reliable empirical data on induced sabotage behavior is almost non-existent. We study sabotage in tournaments in a controlled laboratory experiment and are able to confirm one of the key insights from theory: effort and...
Persistent link: https://www.econbiz.de/10010268946
Although relative performance schemes are pervasive in organizations reliable empirical data on induced sabotage behavior is almost non-existent. We study sabotage in tournaments in a controlled laboratory experiment and are able to confirm one of the key insights from theory: effort and...
Persistent link: https://www.econbiz.de/10004980267
Although relative performance schemes are pervasive in organizations reliable empirical dataon induced sabotage behavior is almost non-existent. We study sabotage in tournaments in acontrolled laboratory experiment and are able to confirm one of the key insights from theory:effort and sabotage...
Persistent link: https://www.econbiz.de/10005868022
curbs sabotage due to agreements on flat prize structures and increased output. -- Sabotage ; tournament ; reciprocity …
Persistent link: https://www.econbiz.de/10003859419
In his classic article "An Essay on Bargaining" Schelling (1956) argues that ignorance might actually be strength rather than weakness. We test and confirm Schelling's conjecture in a simple take-it-or-leave bargaining experiment where the proposer can choose between two possible offers. Option...
Persistent link: https://www.econbiz.de/10009371183