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. Yet, they constrained their attention to a very narrow and empirically questionable view of human motivation. The purpose … of this paper is to show that this narrow view of human motivation may severely limit understanding the determinants and …
Persistent link: https://www.econbiz.de/10011409795
"; the agent receives the completing half after delivering the service. By forward induction, cooperation is incentive … games increases over time. -- Cooperation ; experiment ; contracts ; indenture ; reciprocity …
Persistent link: https://www.econbiz.de/10003793109
Reciprocity is one of the main basic social relations that constitute societies. It consists of being favourable to … fact proper reciprocity). Reciprocity extends to important cases of aids inducing aids that are not strictly reciprocal. It … in questions of development. The theory of reciprocity shows and compares the various types of solutions of the …
Persistent link: https://www.econbiz.de/10014023677
"; the agent receives the completing half after delivering the service. By forward induction, cooperation is incentive …
Persistent link: https://www.econbiz.de/10014206562
There is now an extensive literature on "gift exchange" showing that when principals and agents can trade "gifts" (rewards that should not emerge in a competitive equilibrium), exchange becomes more efficient. However, it is not obvious how gift exchange should be organized if the principal's...
Persistent link: https://www.econbiz.de/10011647476
We study optimal incentive contracts for workers who are reciprocal to management attention. When neither worker …
Persistent link: https://www.econbiz.de/10013147137
between back-transfers and second- order beliefs of the trustor: While reciprocity models predict a negative correlation … studies investigating the reaction of trustees to their beliefs are due to the fact that reciprocity and guilt-aversion are …
Persistent link: https://www.econbiz.de/10011480420
making from the role of outcomes or perceived intentions. The results indicate that positive reciprocity triggered by the …
Persistent link: https://www.econbiz.de/10012954733
important primitives of social capital - trust and reciprocity - which can be used to explain deviations from the Nash …
Persistent link: https://www.econbiz.de/10013325085
contracts. These remedies are reciprocity, repeated game effects, social embeddedness, and incentive contracts. In our baseline … treatment we find that reciprocity is a powerful contract enforcement device. A second experiment establishes that repeated game … effects interact with reciprocity in a complementary way, i.e., efficiency is increased compared to our baseline. Adding …
Persistent link: https://www.econbiz.de/10014036197