Showing 71 - 80 of 2,116
Persistent link: https://www.econbiz.de/10002140387
Persistent link: https://www.econbiz.de/10001939842
Persistent link: https://www.econbiz.de/10002103522
In this paper, we investigate individuals’ investment in status in an environment where no monetary return can possibly be derived from reaching a better relative position. We use a real-effort experiment in which we permit individuals to learn and potentially improve their relative position...
Persistent link: https://www.econbiz.de/10014186505
This paper investigates whether information about generosity or fairness can be useful in lowering dispute costs and enhancing bargaining efficiency. Subjects were first screened using a dictator game, with the allocations chosen used to separate participants into two types. Mutually anonymous...
Persistent link: https://www.econbiz.de/10014052486
A self-serving bias occurs when people subconsciously alter their perceptions about what is fair or right in a manner that serves their own interests. Perceptions of what is "a fair day's work for a fair wage" may well vary according to one's role in the employment relationship. While it is...
Persistent link: https://www.econbiz.de/10014193808
Many authors have discussed a decline in internal labor markets and an apparent shift to a new employment contract, characterized by less commitment between employer and employee and more portable skills. These discussions occur without much evidence on what employment contract employees...
Persistent link: https://www.econbiz.de/10014193825
Considerable experimental evidence suggests that non-pecuniary motives must be addressed when modeling behavior in economic contexts. Recent models of non-pecuniary motives can be classified as either altruism- based, equity-based, or reciprocity-based. We estimate and compare leading approaches...
Persistent link: https://www.econbiz.de/10014193833
We perform an experimental test of a modification of the controversial canonical mechanism for Nash implementation, using 3 subjects in non-repeated groups, as well as 3 outcomes, states of nature, and integer choices. We find that this mechanism successfully implements the desired outcome a...
Persistent link: https://www.econbiz.de/10014220848
Are people concerned with their relative standing in a reference group? Do certain types care more about this than others? Little work has been done to identify underlying determinants for an inclination to make social comparisons and to explain variation across individuals. We investigate...
Persistent link: https://www.econbiz.de/10014159137