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Sick pay is a common provision in most labor contracts. This paper employs an experimental gift-exchange environment to explore two related questions using both managers and undergraduates as subjects. First, do workers reciprocate sick pay in the same way as they reciprocate wage payments?...
Persistent link: https://www.econbiz.de/10003770700
results of an experiment which inquires to the extend and the severity of the adverse selection when sick-pay is voluntary …
Persistent link: https://www.econbiz.de/10003949628
results of an experiment which inquires to the extend and the severity of the adverse selection when sick-pay is voluntary …
Persistent link: https://www.econbiz.de/10011422200
results of an experiment which inquires to the extend and the severity of the adverse selection when sick-pay is voluntary …
Persistent link: https://www.econbiz.de/10008503259
The question whether a minimum rate of sick pay should be mandated is much debated. We study the effects of this kind of intervention in an experimental labor market that is rich enough to allow for moral hazard, adverse selection, and crowding out of good intentions to occur. We find that...
Persistent link: https://www.econbiz.de/10008512519
The question whether a minimum rate of sick pay should be mandated is much debated. We study the effects of this kind of intervention in an experimental labor market that is rich enough to allow for moral hazard, adverse selection, and crowding out of good intentions to occur. We find that...
Persistent link: https://www.econbiz.de/10010267086
actually leads to a higher voluntary provision of sick pay by firms. -- sick pay ; sick leave ;experiment ; gift exchange. …
Persistent link: https://www.econbiz.de/10003883284
Persistent link: https://www.econbiz.de/10010371081
We report on several experiments on the optimal allocation of ownership rights. The experiments confirm the property rights approach by showing that the ownership structure affects relationship-specific investments and that subjects attain the most efficient ownership allocation despite starting...
Persistent link: https://www.econbiz.de/10013318754
Most economic models are based on the self-interest hypothesis that assumes that material self-interest exclusively motivates all people. Experimental economists have gathered overwhelming evidence in recent years, however, that systematically refutes the self-interest hypothesis, suggesting...
Persistent link: https://www.econbiz.de/10014023675