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We study experimentally voluntary contributions to public goods when none, some, or all previous decisions are observable. When agents observe previous moves, they tend to condition their cooperation on observed cooperation. This leads to two effects of increased transparency: on the one hand,...
Persistent link: https://www.econbiz.de/10010730190
Transparency in teams can induce cooperation. We study contribution decisions by agents when previous decisions can be observed. We find that an information chain, in which each agent directly observes only the decision of her immediate predecessor, is at least as effective as a...
Persistent link: https://www.econbiz.de/10009303879
The last decade has seen a growing interest among economists on the effect of diversity on the provision of social goods and the stock of social capital. Indeed, in the workplace, cooperation, trust, and other social goods may be important elements of the smooth functioning of an office, but...
Persistent link: https://www.econbiz.de/10013069250
Post-grant validity challenges at patent offices rely on the private initiative of third parties to correct mistakes made by patent offices. We hypothesize that incentives to bring post-grant validity challenges are reduced when many firms benefit from revocation of a patent and when firms are...
Persistent link: https://www.econbiz.de/10009742118
There is a heightened lack of clarity and understanding about the new U.S. business forms both in terms of theory and practice, especially with regard to relative priorities of social good (or the absence thereof), decision-making, and meaningful accountability thereto (or the lack thereof). As...
Persistent link: https://www.econbiz.de/10012826430
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Persistent link: https://www.econbiz.de/10001124131
The paper gives a detailed account of industrial relations issues as public entities in Fiji journey into reforms. Though given little attention locally, what accompanies this journey is the repeated industrial relation concerns. This theme is empirically exemplified by a reformed Government...
Persistent link: https://www.econbiz.de/10014193762
In many markets, such as education, health care and public utilities, firms are often profit-constrained either due to regulation or because they have non-profit status. At the same time such firms might have altruistic concerns towards consumers. In this paper we study semi-altruistic firms’...
Persistent link: https://www.econbiz.de/10014185882
We explore how inherent preferences for reciprocity and repeated interaction interact in an optimal incentive system. Developing a theoretical model of a long-term employment relationship, we first show that reciprocal preferences are more important when an employee is close to retirement. At...
Persistent link: https://www.econbiz.de/10012947453