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Our study analyzes the consequences of workers' participation in the wage setting process on effort exertion. The experimental design is based on a modified giftexchange game where the degree of workers' involvement in the wage setting process is systematically varied among the workers. The...
Persistent link: https://www.econbiz.de/10010338138
What determines people's moral judgments of selfish behaviors? Here we study whether people's normative views in trust and gift exchange games, which underlie many situations of economic and social significance, are themselves functions of positive emotions. We used experimental survey methods...
Persistent link: https://www.econbiz.de/10009771743
. In our laboratory experiment, we establish the existence of a significant efficiency premium of uniform wages. However …-enhancing effects. -- gift exchange ; multiple agents ; uniform contracts ; collective wage ; experiment …
Persistent link: https://www.econbiz.de/10009737428
In many cultures and industries gifts are given in order to influence the recipient, often at the expense of a third … party. Examples include business gifts of firms and lobbyists. In a series of experiments, we show that, even without … incentive or informational effects, small gifts strongly influence the recipient's behavior in favor of the gift giver, in …
Persistent link: https://www.econbiz.de/10009720587
In many cultures and industries gifts are given in order to influence the recipient, often at the expense of a third … party. Examples include business gifts of firms and lobbyists. In a series of experiments, we show that, even without … incentive or informational effects, small gifts strongly influence the recipient's behavior in favor of the gift giver, in …
Persistent link: https://www.econbiz.de/10009683372
The workers' reciprocity in a simple Gift Exchange Game has been demonstrated in prior research to be enforcement problem. We showed that potential future interactions could not motivate the workers significantly because of assurance problem. Lack of information about employers' reciprocal type...
Persistent link: https://www.econbiz.de/10013146428
-period experiment. In equilibrium, firms will offer deferred compensation: first period productivity is positive and wages are zero …, while third period productivity is zero and wages are positive. The experiment produces strong evidence that deferred …
Persistent link: https://www.econbiz.de/10013319184
In many cultures and industries gifts are given in order to influence the recipient, often at the expense of a third … party. Examples include business gifts of firms and lobbyists. In a series of experiments, we show that, even without … incentive or informational effects, small gifts strongly influence the recipient’s behavior in favor of the gift giver, in …
Persistent link: https://www.econbiz.de/10013315834
We conduct a field experiment where we vary both the presence of a gift exchange wage and the effect of the worker …
Persistent link: https://www.econbiz.de/10013097970
field experiment in the market for computer repairs. We find that revealing a second opinion from another expert to the …
Persistent link: https://www.econbiz.de/10012220084