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Co-employment of permanently and temporarily employed agents
Güth, Werner; Kocher, Martin; Angelova, Vera - 2010
react negatively by withholding effort. -- principal-agent problem ; permanent and temporary employment ; fairness ; wage …
Persistent link: https://www.econbiz.de/10003944228
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Exploring the effects of unequal and secretive pay
Fischer, Sven; Steiger, Eva-Maria - 2009
We experimentally test whether intentional and observable discriminatory pay of symmetric agents in the Winter (2004) game causes low paid agents to reduce effort. We control for intentionality of wages by either allowing a principal to determine wages or by implementing a random process. Our...
Persistent link: https://www.econbiz.de/10003924261
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Downsizing the labor force by low and high profit firms : an experimental analysis
Güth, Werner; Paul, Christian - 2008
One may hope to capture the behavioral and emotional effects of downsizing the laborforce in rather abstract settings as an ultimatum game (see Fischer et al. (2008)), or try to explore downsizing in its more natural principalagent scenario with a labor market background. We pursue the latter...
Persistent link: https://www.econbiz.de/10003796325
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An Experimental Investigation of Gender Differences in Wage Negotiations
Rigdon, Mary L. - 2012
There is a consensus that there is a gap between male and female wages. This paper investigates whether this is due to a negotiation gap, and what mechanisms can alleviate it, by examining whether females ask for less in a controlled bargaining setting that accurately models relevant aspects of...
Persistent link: https://www.econbiz.de/10013099008
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Testing a forgotten aspect of Akerlof's gift exchange hypothesis : relational contracts with individual and uniform wages
Kocher, Martin; Luhan, Wolfgang J.; Sutter, Matthias - 2012
Empirical work on Akerlof's theory of gift exchange in labor markets has concentrated on the fair wage-effort hypothesis. In fact, however, the theory also contains a social component that stipulates that homogenous agents that are employed for the same wage level will exert more effort,...
Persistent link: https://www.econbiz.de/10009526176
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Testing a forgotten aspect of Akerlof's gift exchange hypothesis : relational contracts with individual and uniform wages
Kocher, Martin; Luhan, Wolfgang J.; Sutter, Matthias - 2012
Empirical work on Akerlof's theory of gift exchange in labor markets has concentrated on the fair wage-effort hypothesis. In fact, however, the theory also contains a social component that stipulates that homogenous agents that are employed for the same wage level will exert more effort,...
Persistent link: https://www.econbiz.de/10009533989
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Testing a Forgotten Aspect of Akerlof's Gift Exchange Hypothesis : Relational Contracts with Individual and Uniform Wages
Kocher, Martin G. - 2012
Empirical work on Akerlof's theory of gift exchange in labor markets has concentrated on the fair wage-effort hypothesis. In fact, however, the theory also contains a social component that stipulates that homogenous agents that are employed for the same wage level will exert more effort,...
Persistent link: https://www.econbiz.de/10013108598
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Testing a forgotten aspect of Akerlof's gift exchange hypothesis : relational contracts with individual and uniform wages
Kocher, Martin; Luhan, Wolfgang J.; Sutter, Matthias - 2012 - This version: 03 March 2012
Empirical work on Akerlof's theory of gift exchange in labor markets has concentrated on the fair wage-effort hypothesis. In fact, however, the theory also contains a social component that stipulates that homogenous agents that are employed for the same wage level will exert more effort,...
Persistent link: https://www.econbiz.de/10009737428
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Testing a forgotten aspect of Akerlof's gift exchange hypothesis : relational contracts with individual and uniform wages
Kocher, Martin; Luhan, Wolfgang J.; Sutter, Matthias - 2012
Persistent link: https://www.econbiz.de/10009571164
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Fair Wages and Multiple Fairness Standards - A Lab Study of Co-Employment of Hired and Rented Hands
Alewell, Dorothea; Friedrich, Colette; Güth, Werner - 2007
We study the relevance of fairness norms in an experimental scenario in which hired and rented hands are co …-employed and stochastic influences and multiple reference points for fairness further increase complexity. Co-employment of hired … and rented hands is an example out of a broader class of situations with multiple fairness standards. Co-employment has …
Persistent link: https://www.econbiz.de/10014053091