Similar Search Results

A within-subject analysis of other-regarding preferences

Blanco, Mariana; Engelmann, Dirk; Normann, Hans-Theo - 2010

We assess the predictive power of a model of other-regarding preferences - inequality aversion - using a within-subjects design. We run four different experiments (ultimatum game, dictator game, sequential-move prisoners' dilemma and public-good game) with the same sample of subjects. We elicit...

Persistent link: https://www.econbiz.de/10008667623

Unraveling fairness in simple games? : the role of empathy and theory of mind

Artinger, Florian; Exadaktylos, Filippos; Koppel, Hannes; … - 2010

Economists have been theorizing that other-regarding preferences influence decision making. Yet, what are the corresponding psychological mechanisms that inform these preferences in laboratory games? Empathy and Theory of Mind (ToM) are dispositions considered to be essential in social...

Persistent link: https://www.econbiz.de/10003980496

Social comparison and performance : experimental evidence on the fair-wage effort hypothesis

Gächter, Simon; Thöni, Christian - 2009

fairness ; discrimination …

Persistent link: https://www.econbiz.de/10003908626

Social comparison and performance : experimental evidence on the fair wage-effort hypothesis

Gächter, Simon; Thöni, Christian - 2010

fairness ; discrimination …

Persistent link: https://www.econbiz.de/10003934053

Social Comparison and Performance : Experimental Evidence on the Fair Wage-Effort Hypothesis

Gaechter, Simon - 2010

We investigate the impact of wage comparisons for worker productivity. We present three studies which all use three-person gift-exchange experiments. Consistent with Akerlof and Yellen's (1990) fair wage-effort hypothesis we find that disadvantageous wage discrimination leads to lower efforts...

Persistent link: https://www.econbiz.de/10013148288

Fairness, adverse selection, and employment contracts

Siemens, Ferdinand von - 2005

extent of their fairness concerns. Fairness is modelled as inequity aversion, where fair-minded workers suffer if their … colleagues get more income net of production costs. Screening workers with equal productivity but different fairness concerns is … the fraction of fair-minded workers. As a result, fairness might influence the employment contracts of all workers …

Persistent link: https://www.econbiz.de/10010366541

Fairness, adverse selection, and employment contracts

Siemens, Ferdinand von - 2005 - This Version: July 2005

Persistent link: https://www.econbiz.de/10010440434

Does Pay Inequality Affect Worker Effort? Experimental Evidence

Charness, Gary; Kuhn, Peter - 2007

We study worker behavior in an efficiency-wage environment where co-workers' wages can influence a worker's effort. Theoretically, we show that an increase in workers' responsiveness to co-workers' wages should lead profit-maximizing firms to compress wages. Our laboratory experiments, on the...

Persistent link: https://www.econbiz.de/10014029508

Hidden Costs of Control Under Aligned Monetary Incentives

Aimone, Jason Anthony - 2016

Several experimental studies have demonstrated the importance of non-monetary preferences in determining agents' response to control and delegation when monetary incentives between agents and principals are not aligned, but little is known about how such preferences influence the principle agent...

Persistent link: https://www.econbiz.de/10013004422

Delegation Games : A Game Theoretical Perspective for Managerial Incentives

Akbulut Merchant, Cigdem; Jansen, Thijs; van Lier, Arie - 2017

Companies employ managers for either practical, legal or administrative reasons. However, no matter what the reason, the good performance of managers and the success of companies are vital elements for firms. At this point, managerial incentives play a key role. In this paper, we use the VFJS...

Persistent link: https://www.econbiz.de/10014034936

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