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Persistent link: https://www.econbiz.de/10010978075
[eng] The deficit in collective-goods financing raises the issue of individual responsibility in groups and societies. Can a tax policy that strengthens individual responsibility reduce free-riding behavior ? We use experimental data to compare the efficiency of two tax policies aimed at...
Persistent link: https://www.econbiz.de/10010978157
[eng] When collective agreements apply to all unionised and non-unionised employees , what is the rationale behind joining a union ? The paper presents an experiment on a two-stage game . In the first stage , the decision to join a union is modelled as a voluntary contribution to a public good ....
Persistent link: https://www.econbiz.de/10010978242
We provide experimental evidence of workers’ ingratiation by opinion conformity and of managers’ discrimination in favor of workers with whom they share similar opinions. In our Baseline, managers can observe both workers’ performance at a task and opinions before assigning unequal...
Persistent link: https://www.econbiz.de/10010858024
We study the attitudes of junior and senior employees towards strategic uncertainty and competition, by means of a market entry game inspired by Camerer and Lovallo (1999). Seniors exhibit higher entry rates compared to juniors, especially when earnings depend on relative performance. This...
Persistent link: https://www.econbiz.de/10010858028
We show with a laboratory experiment that individuals adjust their moral principles to the situation and to their actions, just as much as they adjust their actions to their principles. We first elicit the individuals’ principles regarding the fairness and unfairness of allocations in three...
Persistent link: https://www.econbiz.de/10010858029
The 'ratchet effect' refers to a situation where a principal uses private information that is revealed by an agent's early actions to the agent's later disadvantage, in a context where binding multi-period contracts are not enforceable. In a simple, context-rich environment, we experimentally...
Persistent link: https://www.econbiz.de/10005233858
We devise an experiment to explore the effect of different degrees of competition on optimal contracts in a hidden-information context. In our benchmark case, each principal is matched with one agent of unknown type. In our second treatment, a principal can select one of three agents, while in a...
Persistent link: https://www.econbiz.de/10005249711
Persistent link: https://www.econbiz.de/10005331236
We devise an experiment to explore the effect of different degrees of competition on optimal contracts in a hidden-information context. In our benchmark case, each principal is matched with one agent of unknown type. In our second treatment, a principal can select one of three agents, while in a...
Persistent link: https://www.econbiz.de/10005086286