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Fahn, Matthias - 2014

The need to give incentives is usually absent in the literature on minimum wages. However, especially in the service sector it is important how well a job is done, and employees must be incentivized to perform accordingly. Furthermore, many aspects regarding service quality cannot be verified,...

Persistent link: https://www.econbiz.de/10010363970

Should you allow your agent to become your competitor? : on non-compete agreements in employment contracts

Kräkel, Matthias; Sliwka, Dirk - 2006

We discuss a principal-agent model in which the principal has the opportunity to include a non-compete agreement in the employment contract. We show that not imposing such an agreement can be beneficial for the principal as the possibility to leave the firm generates implicit incentives for the...

Persistent link: https://www.econbiz.de/10010371071

Heterogeneous Social Preferences, Screening, and Employment Contracts

von Siemens, Ferdinand - 2011

This paper studies a monopsonistic firm's optimal employment contracts if workers have private information on both their propensity for social comparisons and their ability. Employees of the firm are taken to form their own distinct reference group. It is shown that screening workers with equal...

Persistent link: https://www.econbiz.de/10014195101

When social forces remove the impact of competition : social exchange in experimental labor markets

Fehr, Ernst; Kirchler, Erich; Weichbold, Andreas - 1995

the impact of competition on the market outcome. -- competition ; social exchange ; trust ; reciprocity ; social norms …

Persistent link: https://www.econbiz.de/10009693155

Cournot Competition Between Teams : an Experimental Study

Raab, Philippe; Schipper, Burkhard C. - 2007

In the economic literature on market competition, firms are often modelled as individual decision makers and the … competition. Nevertheless, there are models of team-organization such that team-firms and individual firms are behaviorally … equivalent. This provides a theoretical foundation for the unitary player assumption in Cournot competition. We show that this …

Persistent link: https://www.econbiz.de/10014029080

Cooperation and Competition in Intergenerational Experiments in the Field and the Laboratory

Charness, Gary; Villeval, Marie-Claire - Groupe d'Analyse et de Théorie Économique Lyon … - 2009

to competition. The implication is that it may be beneficial to define additional incentives near the end of the career …

Persistent link: https://www.econbiz.de/10008494241

Field and Online Experiments on Procrastination and Willpower

Burger, Nicholas; Charness, Gary; Lynham, John - Department of Economics, University of Hawaii-Manoa - 2010

Self-control problems have recently received considerable attention from economic theorists. We conducted two studies to test the benefits of externally imposed deadlines and how willpower depletion affects behavior, providing some of the first data in these areas. Each study involved a...

Persistent link: https://www.econbiz.de/10008685106

Cooperation, Competition, and Risk Attitudes:An Intergenerational Field and Laboratory Experiment

Charness, Gary; Villeval, Marie-Claire - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2007

The population of most developed societies is graying. As life expectancy increases and thelarge baby-boom generation approaches retirement age, this has critical consequences formaintaining a high standard of living and the sustainability of pension systems. In the light ofthese labor-force...

Persistent link: https://www.econbiz.de/10005863328

Cooperation and Competition in Intergenerational Experiments in the Field and the Laboratory

Charness, Gary; Villeval, Marie Claire - 2010

to competition. The implication is that it may be beneficial to define additional incentives near the end of the career …

Persistent link: https://www.econbiz.de/10014197893

What's in a Name? Anonymity and Social Distance in Dictator and Ultimatum Games

Charness, Gary; Gneezy, Uri - 2003

The standard procedure in experimental economics maintains anonymity among participants. Yet, many field interactions are conducted with neither complete anonymity nor complete familiarity. How will people respond to varying degrees of anonymity and social distance? We consider the effect of one...

Persistent link: https://www.econbiz.de/10014034431