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? Fairness norms mightplay an important role in wage-setting decisions. We will explore theoretically and experimentallypossible … fairness considerations of the involved parties. …
Persistent link: https://www.econbiz.de/10005866944
We study the relevance of fairness norms in an experimental scenario in which hired and rented hands are co …-employed and stochastic influences and multiple reference points for fairness further increase complexity. Co-employment of hired … and rented hands is an example out of a broader class of situations with multiple fairness standards. Co-employment has …
Persistent link: https://www.econbiz.de/10014053091
We study the relevance of fairness norms in an experimental scenario in which hired and rented hands are co …-employed and stochastic influences and multiple reference points for fairness further increase complexity. Co-employment of hired … and rented hands is an example out of a broader class of situations with multiple fairness standards. Co-employment has …
Persistent link: https://www.econbiz.de/10005736919
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/10010267128
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/10008494223
This paper presents a formal theory of reciprocity. Reciprocity means that people reward kind actions and punish unkind ones. The theory takes into account that people evaluate the kindness of an action not only by its consequences but also by the intention underlying this action. The theory...
Persistent link: https://www.econbiz.de/10011398368
In this paper we show that a simple model of fairness preferences explains major experimental regularities of common …
Persistent link: https://www.econbiz.de/10011398786
the fairness and unfairness of allocations in three different scenarios (a Dictator game, an Ultimatum game, and a Trust … same session we elicit again their principles regarding the fairness and unfairness of allocations in the same three … norm in its favor and the weak side agrees: Stated fairness is a compromise with power. Second, in most situations …
Persistent link: https://www.econbiz.de/10010286903
In two-person generosity games the proposer's agreement payoff is exogenously given whereas that of the responder is endogenously determined by the proposer's choice of the pie size. Earlier results for two-person generosity games show that participants seem to care more for efficiency than for...
Persistent link: https://www.econbiz.de/10003952438
the fairness and unfairness of allocations in three different scenarios (a Dictator game, an Ultimatum game, and a Trust … same session we elicit again their principles regarding the fairness and unfairness of allocations in the same three … norm in its favor and the weak side agrees: Stated fairness is a compromise with power. Second, in most situations …
Persistent link: https://www.econbiz.de/10009545257