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Fair Wages and the Co-Employment of Hired and Rented Hands - An Experimental Study

Alewell, Dorothea; Kuklys, Wiebke; Friedrich, Colette; … - Max-Planck-Institut für Ökonomik, Max-Planck-Gesellschaft

? Fairness norms might play an important role in wage-setting decisions. We will explore theoretically and experimentally … possible fairness considerations of the involved parties. …

Persistent link: https://www.econbiz.de/10005588004

Equity versus efficiency? : Evidence from three-person generosity experiments

Güth, Werner; Pull, Kerstin; Stadler, Manfred; … - 2010

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

Co-employment of permanently and temporarily employed agents

Güth, Werner; Kocher, Martin G.; Popova, 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/10010267128

Co-employment of permanently and temporarily employed agents

Güth, Werner; Kocher, Martin G.; Popova, Vera - Wirtschaftswissenschaftliche Fakultät, … - 2010

Persistent link: https://www.econbiz.de/10008494223

Fair Wages and Multiple Fairness Standards - A Lab Study of Co-Employment of Hired and Rented Hands

Alewell, Dorothea; Friedrich, Colette; Güth, Werner - 2007

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

Guilt causes equal or unequal division in alternating-offer bargaining

Kohler, Stefan - In: Economics Bulletin 34 (2014) 3, pp. 1611-1617

Parties in a bargaining situation may perceive guilt, a utility loss caused by receiving the larger share that is modeled in some social preferences. I extend Rubinstein (1982)´s solution of the open-ended alternating-offer bargaining problem for self-interested bargainers to a game with...

Persistent link: https://www.econbiz.de/10010835959

A theory of reciprocity

Falk, Armin; Fischbacher, Urs - 2001

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