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agents have an opportunity to sanction principals. In contrast to existing models of reciprocity we find that agents tend to …
Persistent link: https://www.econbiz.de/10010312226
related to the financial consequences of the evaluations. These results point towards a behavioral model of reciprocity that …
Persistent link: https://www.econbiz.de/10012005916
related to the financial consequences of the evaluations. These results point towards a behavioral model of reciprocity that …
Persistent link: https://www.econbiz.de/10011932075
related to the financial consequences of the evaluations. These results point towards a behavioral model of reciprocity that …
Persistent link: https://www.econbiz.de/10011927889
related to the financial consequences of the evaluations. These results point towards a behavioral model of reciprocity that …
Persistent link: https://www.econbiz.de/10011992961
accommodates this finding. We analyze the agents’ (optimal) behavior, optimal contracts, and social welfare in this environment. …
Persistent link: https://www.econbiz.de/10008462064
accommodates this kind of payoff independent reciprocity and identify conditions for a positive welfare effect of increasing costs …
Persistent link: https://www.econbiz.de/10010312214
s demonstrated in a recent laboratory experiment [see Sebald and Walzl (2014)], individuals tend to sanction others who subjectively evaluate their performance when-ever this assessment falls short of the individuals' self-evaluation. Interestingly, this is the case even if the individuals'...
Persistent link: https://www.econbiz.de/10010942534
As demonstrated in a recent laboratory experiment (see Sebald & Walzl, 2014), individuals tend to sanction others who subjectively evaluate their performance whenever this assessment falls short of the individuals’ self-evaluation. Interestingly, this is the case even if the individuals’...
Persistent link: https://www.econbiz.de/10011209136
) if this does not affect their payoffs. -- contracts ; subjective performance evaluations ; reciprocity … agents have an opportunity to sanction principals. In contrast to existing models of reciprocity we find that agents tend to …
Persistent link: https://www.econbiz.de/10009742627