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The interaction between explicit and relational incentives : an experiment
Sloof, Randolph; Sonnemans, Joep - 2009
We consider repeated trust game experiments to study the interplay between explicit and relational incentives. After having gained experience with two payoff variations of the trust game, subjects in the final part explicitly choose which of these two variants to play. Theory predicts that...
Persistent link: https://www.econbiz.de/10011378080
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Monitoring your friends, not your foes : strategic ignorance and the delegation of real authority
Dominguez-Martinez, Silvia; Sloof, Randolph; Siemens, … - 2010
In this laboratory experiment we study the use of strategic ignorance to delegate real authority within a firm. A … worker can gather information on investment projects, while a manager makes the implementation decision. The manager can …
Persistent link: https://www.econbiz.de/10008697171
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Monitoring your friends, not your foes : strategic ignorance and the delegation of real authority
Dominguez-Martinez, Silvia; Siemens, Ferdinand von; … - 2012
In this laboratory experiment we study the use of strategic ignorance to delegate real authority within a firm. A … worker can gather information on investment projects, while a manager makes the implementation decision. The manager can …
Persistent link: https://www.econbiz.de/10011382041
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Monitoring Your Friends, Not Your Foes : Strategic Ignorance and the Delegation of Real Authority
Dominguez-Martinez, Silvia; Sloof, Randolph; von … - 2021
In this laboratory experiment we study the use of strategic ignorance to delegate real authority within a firm. A … worker can gather information on investment projects, while a manager makes the implementation decision. The manager can …
Persistent link: https://www.econbiz.de/10013316162
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Money talks? : an experimental investigation of cheap talk and burned money
Haan, Thomas de; Offerman, Theo; Sloof, Randolph - 2011
We experimentally study the strategic transmission of information in a setting where both cheap talk and money can be used for communication purposes. Theoretically a large number of equilibria exist side by side, in which senders either use costless messages, money, or a combination of the two....
Persistent link: https://www.econbiz.de/10011386442
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An Experimental Comparison of Reliance Levels Under Alternative Breach Remedies
Sloof, Randolph; Leuven, Edwin; Oosterbeek, Hessel; … - 2000
predicts that some commonly used types of breach remedies may protect too well, in the sense that they induce over-investment … provide, and the potential possibility to prevent breach by increasing the damage payment due through the investment made. The … paper we report on an experiment designed to address this issue. Three different remedies are studied: (i) liquidated …
Persistent link: https://www.econbiz.de/10014159171
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Gift exchange in a multi-worker firm
Maximiano, Sandra; Sloof, Randolph; Sonnemans, Joep - 2004
One of the main findings of a large body of gift exchange experiments is that in an incomplete contracts environment workers on average do not shirk and usually provide more than the minimum enforceable effort level. In general, 40 to 60 percent of the workers reward higher wages with higher...
Persistent link: https://www.econbiz.de/10011338000
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Gift exchange and the separation of ownership and control
Maximiano, Sandra; Sloof, Randolph; Sonnemans, Joep - 2006 - This version: April, 2006
Numerous gift exchange experiments have found a positive relationship between employers' wage offers and workers' effort levels. In (almost) all these experiments the employer both owns and controls the firm. Yet in reality many firms are characterized by the separation of ownership and control....
Persistent link: https://www.econbiz.de/10011349214
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Cultural Differences in Ultimatum Game Experiments : Evidence from a Meta-Analysis
Oosterbeek, Hessel; Sloof, Randolph; van de Kuilen, Gijs - 2001
This paper reports the results of a meta-analysis of 32 papers with results from ultimatum game experiments. We find that on average the proposer offers 40% of the pie to the responder. This share is independent of the size of the pie and of the use of the strategy method. On average 16% of the...
Persistent link: https://www.econbiz.de/10014124511
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Gift Exchange in a Multi-Worker Firm
Maximiano, Sandra; Sloof, Randolph; Sonnemans, Joep - 2004
One of the main findings of a large body of gift exchange experiments is that in an incomplete contracts environment workers on average do not shirk and usually provide more than the minimum enforceable effort level. In general, 40 to 60 percent of the workers reward higher wages with higher...
Persistent link: https://www.econbiz.de/10014028923