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We experimentally test whether intentional and observable discriminatorypay of symmetric agents in the Winter (2004) game causes lowpaid agents to reduce effort. We control for intentionality of wages byeither allowing a principal to determine wages or by implementing arandom process. Our main...
Persistent link: https://www.econbiz.de/10009022163
-Economic Panel and recently introduced questions abouttrust, positive reciprocity, and negative reciprocity to examine the extent …) thewillingness to trust other people influences the probability of starting a business; ii) trust,positive reciprocity, and negative … reciprocity influence the exit probability of entrepreneurs;and iii) willingness to trust and to act reciprocally influences the …
Persistent link: https://www.econbiz.de/10009360565
We present results from a field experiment testing the gift-exchange hypothesis inside a treeplantingfirm paying its workforce incentive contracts. Firm managers told a crew of treeplanters they would receive a pay raise for one day as a result of a surplus not attributable topast planting...
Persistent link: https://www.econbiz.de/10005863220
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