Showing 1 - 10 of 236
One of the long-standing puzzles in economics is why wages do not fall sufficiently in recessions so as to avoid increases in unemployment. Put differently, if the competitive market wage declines, why don't employers simply force their employees to accept lower wages as well? As an alternative...
Persistent link: https://www.econbiz.de/10011090402
of fairness before judging a situation and acting upon it. If someone takes a bundle of printing paper from the office … fairness perception influences peer reporting in this situation of incorrect behavior. …
Persistent link: https://www.econbiz.de/10011090829
Fairness considerations are important determinants of behavior in unstructured bargaining situations with equal … entitlement-related fairness ideals might be relevant. In our experiment we first elicit subjects’ fairness ideals using a … whether the elicited fairness ideals guide subjects’ behavior in the subsequent bargaining in which the joint output is …
Persistent link: https://www.econbiz.de/10010696523
Fairness considerations are important determinants of behavior in unstructured bargaining situations with equal … entitlement-related fairness ideals might be relevant. In our experiment we first elicit subjects’ fairness ideals using a … whether the elicited fairness ideals guide subjects’ behavior in the subsequent bargaining in which the joint output is …
Persistent link: https://www.econbiz.de/10010778646
Fairness considerations are important determinants of behavior in unstructured bargaining situations with equal … entitlementrelated fairness ideals might be relevant. In our experiment we first elicit subjects' fairness ideals using a questionnaire … the elicited fairness ideals guide subjects' behavior in the subsequent bargaining in which the joint output is …
Persistent link: https://www.econbiz.de/10010331336
Persistent link: https://www.econbiz.de/10011090417
We study an overlapping-generations experiment with multiple families in which redistributional transfers can take the form of support to the elderly or grants to children.Supporting the old is a purely inter-generational (intra-family) transfer, whereas grants to children also involve an...
Persistent link: https://www.econbiz.de/10011092124
Many experimental studies indicate that people are motivated by reciprocity. Rabin (1993) develops techniques for … reciprocity for extensive games in which the sequential structure of a strategic situation is made explicit. We propose a new … solution concept— sequential reciprocity equilibrium—which is applicable to extensive games, and we prove a general equilibrium …
Persistent link: https://www.econbiz.de/10011090465
We examine an experimental gift exchange game in which the players can improve upon the unique no-gifts equilibrium through cooperative gift giving. The main feature of the study is that there are two different types of gift exchange, which we call simple and complex exchange, respectively....
Persistent link: https://www.econbiz.de/10011092741
contributions. The mechanism is therefore rooted into reciprocity. By applying it to a standard abatement game parameterized on the …
Persistent link: https://www.econbiz.de/10013532877