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We study optimal incentive contracts for workers who are reciprocal to management attention. When neither worker's effort nor manager's attention can be contracted, a double moral-hazard problem arises, implying that reciprocal workers should be given weak financial incentives. In a...
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Theorien der Behavioral Labor Economics weichen vom Standardmodell der Ökonomie ab und stellen insbesondere die diesem Standardmodell zugrunde liegende Annahme von rationalen und egoistischen Entscheidern – der Annahme des Homo oeconomicus – infrage. Sie unterstellen Handlungsweisen, die...
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