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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
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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/10010266650
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Downsizing the Labor Force by Low and High Proïfit Firms - An Experimental Analysis1
Güth, Werner; Paul, Christian - Wirtschaftswissenschaftliche Fakultät, … - 2008
One may hope to capture the behavioral and emotional effects of downsizing the labor force in rather abstract settings … as an ultimatum game (see Fischer et al. (2008)), or try to explore downsizing in its more natural principal …-agent scenario with a labor market background. We pursue the latter approach and test experimentally whether downsizing occurs …
Persistent link: https://www.econbiz.de/10005090477
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Experimental evidence of the importance of gender pairing in bargaining
Sutter, Matthias; Bosman, Ronald; Kocher, Martin; van … - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2003
We study the influence of gender on economic decision making in a two-person bargaining game. By testing hypotheses derived from evolutionary psychology and social role theory, we find that (1) gender per se has no significant effect on behavior, whereas (2) gender pairing systematically affects...
Persistent link: https://www.econbiz.de/10005866879
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The Hidden Costs of Control:An Unsuccessful Replication Study
Ploner, Matteo; Ziegelmeyer, Anthony - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2007
This note reports a replication study of Falk and Kosfeld’s (2006) medium control treatment.In the experimental game, an agent has an endowment of 120 experimental currency units anddecides how much to transfer to a principal. For every unit that the agent gives up, the principalreceives two...
Persistent link: https://www.econbiz.de/10005866534
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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
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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
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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
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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
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Co-employment of permanently and temporarily employed agents
Güth, Werner; Kocher, Martin; Popova, Vera - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 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/10005870887