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Downsizing the labor force by low and high profit firms : an experimental analysis

Güth, Werner; Paul, Christian - 2008

One may hope to capture the behavioral and emotional effects of downsizing the laborforce in rather abstract settings … as an ultimatum game (see Fischer et al. (2008)), or try to explore downsizing in its more natural principalagent … scenario with a labor market background. We pursue the latter approach and test experimentally wether downsizing occurs …

Persistent link: https://www.econbiz.de/10003796325

Downsizing the labor force by low and high profit firms: an experimental analysis

Güth, Werner; Paul, Christian - 2008

Persistent link: https://www.econbiz.de/10010266650

Co-employment of permanently and temporarily employed agents

Güth, Werner; Kocher, Martin; Angelova, 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/10003944228

Exploring the effects of unequal and secretive pay

Fischer, Sven; Steiger, Eva-Maria - 2009

We experimentally test whether intentional and observable discriminatory pay of symmetric agents in the Winter (2004) game causes low paid agents to reduce effort. We control for intentionality of wages by either allowing a principal to determine wages or by implementing a random process. Our...

Persistent link: https://www.econbiz.de/10003924261

Testing a forgotten aspect of Akerlof's gift exchange hypothesis : relational contracts with individual and uniform wages

Kocher, Martin; Luhan, Wolfgang J.; Sutter, Matthias - 2012

. In our laboratory experiment, we establish the existence of a significant efficiency premium of uniform wages. However …

Persistent link: https://www.econbiz.de/10009526176

Cheating in labour markets

Drouvelis, Michalis; Kocher, Martin - 2021

Our results from a laboratory experiment offer new evidence for the detrimental effects that cheating behaviour in the …

Persistent link: https://www.econbiz.de/10012486435

Cournot Competition between Teams: An Experimental Study

Schipper, Burkhard C.; Raab, Philippe - 2004

In the economic literature on market competition, firms are often modeled as single decision makers and the internal organization of the firm is neglected (unitary player assumption). However, as the literature on strategic delegation suggests, one can not generally expect that the behavior of...

Persistent link: https://www.econbiz.de/10010263110