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maximization problem of the firm. As a result, monitoring and pay should be complements. In our experiment, between and within … on the reciprocity of employees. …
Persistent link: https://www.econbiz.de/10011349705
maximization problem of the firm. As a result, monitoring and pay should be complements. In our experiment, between and within … solely rely on the reciprocity of employees. …
Persistent link: https://www.econbiz.de/10009124629
We implement a laboratory experiment in which a principal has to decide on monitoring intensity and pay to investigate … be complements. The between-treatment variation in our experiment is qualitatively in line with the normative prediction … pay for the principal to only rely on the reciprocity of his agents. …
Persistent link: https://www.econbiz.de/10010489889
. In our laboratory experiment, we establish the existence of a significant efficiency premium of uniform wages. However …, it is not the consequence of a stronger level of reciprocity by agents, but of the retrenchment of sanctioning options on …
Persistent link: https://www.econbiz.de/10009526176
We provide evidence on how two important types of institutions - dismissal barriers, and bonus pay - affect contract enforcement behavior in a market with incomplete contracts and repeated interactions. Dismissal barriers are shown to have a strong negative impact on worker performance, and...
Persistent link: https://www.econbiz.de/10009012604
Sick pay is a common provision in most labor contracts. This paper employs an experimental gift-exchange environment to explore two related questions using both managers and undergraduates as subjects. First, do workers reciprocate sick pay in the same way as they reciprocate wage payments?...
Persistent link: https://www.econbiz.de/10003770700
maximization problem of the firm. As a result, monitoring and pay should be complements. In our experiment, between and within … solely rely on the reciprocity of employees. …
Persistent link: https://www.econbiz.de/10010427614
. Empirical evidence, however, is sparse. Using data from an experiment with 359 law and business administration students, we … behave reciprocally, but the degree of reciprocity is higher for lawyers. Surprisingly, it is not university education that …
Persistent link: https://www.econbiz.de/10011299882
This experimental study investigates how behavior changes after punishment for an unkind action. It also studies how fairness perceptions affect the reaction to punishment and whether this effect is consistent across repeated play and role experiences. A repeated version of the power-to-take...
Persistent link: https://www.econbiz.de/10011343297
Unfair intentions provoke negative reciprocity from others, making their concealment potentially beneficial. This paper …
Persistent link: https://www.econbiz.de/10010483596