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This paper studies the role of autonomy and reciprocity in explaining control averse responses in principal …-agents interactions. While most of the social psychology literature emphasizes the role of autonomy, recent economic research has provided … an alternative explanation based on reciprocity. We propose a simple model and an experiment to test the relative …
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This paper presents a formal theory of reciprocity. Reciprocity means that people reward kind actions and punish unkind …
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We introduce intention-based social preferences into a mechanism design framework with independent private values and quasilinear payoffs. For the case where the designer has no information about the intensity of social preferences, we provide conditions under which mechanisms which have been...
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behaviour that have been documented in a number of experimental studies, whereas existing models of intention-based reciprocity …
Persistent link: https://www.econbiz.de/10010350219