Showing 71 - 80 of 30,997
This paper surveys recent experimental and field evidence on the impact of concerns for fairness, reciprocity and altruism on economic decision making. It also reviews some new theoretical attempts to model the observed behavior.
Persistent link: https://www.econbiz.de/10010440439
This paper reports on a two-task principal-agent experiment in which only one task is contractible. The principal can either offer a piece-rate contract or a (voluntary) bonus to the agent. Bonus contracts strongly outperform piece rate contracts. Many principals reward high efforts on both...
Persistent link: https://www.econbiz.de/10010440447
Consumer switching costs cause the market demand of consumers who already bought a supplier's product to be less elastic while they simultaneously increase competition for new consumers. I study the effect of this twofold pricing incentive on firms' price setting behavior in a 2x2 factorial...
Persistent link: https://www.econbiz.de/10011892961
Many factors that appear to affect collective bargaining have received no attention from researchers. This article … identifies a number of these factors and explains how they may be affecting collective bargaining. In addition, it describes the … comprehensive social science research agenda that can be used to understand how collective bargaining is faring today. An additional …
Persistent link: https://www.econbiz.de/10014062347
parcels of land. We use experimental methods to examine holdout behavior in a laboratory bargaining game that involves multi …-person groups, complementary exchanges, and holdout externalities. The results of six treatments that vary the bargaining … institution, number of bargaining periods, and cost of delay demonstrate that holdout is common across institutions and is, on …
Persistent link: https://www.econbiz.de/10008466991
it concerns the topics of bargaining and negotiations, but also because it relates to the question about under which … circumstances actors behave more rational. We conduct three experiments, two in the laboratory and one online, with more than 1 … in the Ultimatum Game in any of our three experiments. Potential reasons for why the replication attempts fail are …
Persistent link: https://www.econbiz.de/10011898931
In many kinds of bilateral negotiations the resolution of the issues at stake has an impact which extends beyond the remits of the parties directly involved (e.g. labour negotiations in sectors of public interest, where a strike would impact on the public at large). Once this is recognised,...
Persistent link: https://www.econbiz.de/10010262827
This paper investigates the patterns of bargaining in a multi-unit firm in the presence of labor unions coordination … activities. It derives the bargaining regimes arising as sub-game perfect equilibria, considering both simultaneous and … attenuate the conflict of interests between bargaining parties as regards the centralization level at which negotiations should …
Persistent link: https://www.econbiz.de/10011278784
In many kinds of bilateral negotiations the resolution of the issues at stake has an impact which extends beyond the remits of the parties directly involved (e.g. labour negotiations in sectors of public interest, where a strike would impact on the public at large). Once this is recognised,...
Persistent link: https://www.econbiz.de/10005233872
Pattern bargaining is a negotiating strategy that is often employed by industry-wide unions in oligopolistic industries … to set wages. The conventional wisdom is that pattern bargaining "takes labor out of competition" and therefore softens … bargaining between the union and firms, resulting in higher industry wide wages. However, this does not explain why firms agree …
Persistent link: https://www.econbiz.de/10014225233