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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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Co-employment of permanently and temporarily employed agents
Güth, Werner; Kocher, Martin G.; Popova, Vera - 2010
One-shot interaction and repeated interaction often co-exist in the real world. We study possible behavioral effects of this co-existence in a principal-agent setting, in which a principal simultaneously employs a permanent and a temporary agent. Our experimental results indicate that there is...
Persistent link: https://www.econbiz.de/10010267128
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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
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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
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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
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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
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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
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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
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Co-employment of permanently and temporarily employed agents
Angelova, Vera; Güth, Werner; Kocher, Martin G. - In: Labour economics : official journal of the European … 19 (2012) 1, pp. 48-58
Persistent link: https://www.econbiz.de/10009518381
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Transparency and Reciprocal Behavior in Employment Relations
Irlenbusch, Bernd; Sliwka, Dirk - 2021
The impact of transparency on the extent of reciprocal behavior is investigated in a simple repeated gift exchange experiment, where principals set wages and agents respond by choosing effort levels. In addition to the efforts the principals' payoffs are determined by a random component. It is...
Persistent link: https://www.econbiz.de/10013319706