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Hwang, Sung-Ha; Bowles, Samuel - In: Journal of Economic Behavior & Organization 83 (2012) 3, pp. 330-341

complementary or at worst additive. But this need not be the case. Behavioral experiments find that if reciprocity-minded subjects … cooperation may be less than additive. Using a utility function embodying both reciprocity and altruism we show that unconditional …, the stronger is the reciprocity motive among group members. …

Persistent link: https://www.econbiz.de/10010594637

On the Prudence of Rewarding A While Hoping For B

Schnedler, Wendelin - 2003

In multiple-task hidden-action models, the (mis-)allocation of effort may play an important role for benefit creation. Signals which capture this benefit and which are used in incentive schemes should thus not only be judged by the noise and the associated costs but also by the mis-allocation...

Persistent link: https://www.econbiz.de/10010263061

Wage floors and optimal job design

Kragl, Jenny; Schöttner, Anja - 2011

We analyze the effects of lower bounds on wages, e.g., minimum wages or liability limits, on job design within firms. In our model, two tasks contribute to non-veriable firm value and affect an imperfect performance measure. The tasks can be assigned to either one or two agents. In the absence...

Persistent link: https://www.econbiz.de/10010293373

Who cooperates in repeated games: The role of altruism, inequity aversion, and demographics

Dreber, Anna; Fudenberg, Drew; Rand, David G. - In: Journal of Economic Behavior & Organization 98 (2014) C, pp. 41-55

We explore the extent to which altruism, as measured by giving in a dictator game (DG), accounts for play in a noisy version of the repeated prisoner's dilemma. We find that DG giving is correlated with cooperation in the repeated game when no cooperative equilibria exist, but not when...

Persistent link: https://www.econbiz.de/10010743942

Credible communication and cooperation: Experimental evidence from multi-stage Games

Andersson, Ola; Wengström, Erik - In: Journal of Economic Behavior & Organization 81 (2012) 1, pp. 207-219

It is well known that communication often serves as a facilitator for cooperation in static games. Yet, communication can serve entirely different purposes in dynamic settings as communication during the game may work as a means for renegotiation, potentially undermining the credibility of...

Persistent link: https://www.econbiz.de/10011048187

Experimentally Observed Imitation and Cooperation in Price Competition on the Circle

Selten, Reinhard; Apesteguia, José - 2002

willingness to pay. Experiments, extended over 200 periods, were run with 3, 4, and 5 participants. Subjects did not receive any …

Persistent link: https://www.econbiz.de/10010270575

Experimentally Observed Imitation and Cooperation in Price Competition on the Circle

Selten, Reinhard; Apesteguia, Jose - University of Bonn, Germany - 2002

willingness to pay. Experiments, extended over 200 periods, were run with 3, 4, and 5 participants. Subjects did not receive any …

Persistent link: https://www.econbiz.de/10005032209

On the Hidden Costs of Incentive Schemes

Sliwka, Dirk - 2003

By enriching a principal-agent model it is shown that the introduction of monetary incentives may reduce an agent's motivation. In a first step, we allow for the possibility that some agents stick to unverifiable agreements. The larger the fraction of reliable agents, the lower powered will then...

Persistent link: https://www.econbiz.de/10010263084

Treating Equals Unequally - Incentives in Teams, Workers' Motivation and Production Technology

Goerg, Sebastian J.; Kube, Sebastian; Zultan, Ro'i - 2007

The importance of fair and equal treatment of workers is at the heart of the debate in organizational management. In this regard, we study how reward mechanisms and production technologies affect effort provision in teams. Our experimental results demonstrate that unequal rewards can potentially...

Persistent link: https://www.econbiz.de/10010274004

The Dispersion of Employees' Wage Increases and Firm Performance

Grund, Christian; Westergård-Nielsen, Niels Christian - 2005

In this contribution we examine the interrelation between intra-firm wage increases and firm performance. Previous studies have focused on the dispersion of wages in order to examine for the empirical dominance of positive monetary incentive effects compared to adverse effects due to fairness...

Persistent link: https://www.econbiz.de/10010277234