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Testing canonical tournament theory: On the impact of risk, social preferences and utility structure

Sheremeta, Roman M.; Wu, Steven Y. - 2012

We use experiments to test comparative statics predictions of canonical tournament theory. Both the roles of principal … tournament design. Consistent with theory, we observed an incentive effect from raising the winner's prize. However, we also … observed several empirical puzzles that appeared to contradict theory. Controlling for social preferences did not resolve the …

Persistent link: https://www.econbiz.de/10010282234

Exploitation, Altruism, and Social Welfare: An Economic Exploration

Doepke, Matthias - 2013

Child labor is often condemned as a form of exploitation. I explore how the notion of exploitation, as used in everyday language, can be made precise in economic models of child labor. Exploitation is defined relative to a specific social welfare function. I first show that under the standard...

Persistent link: https://www.econbiz.de/10010319596

Social Evolution, Corporate Culture, and Exploitation

Schlicht, Ekkehart - 2002

It has been claimed that the market fosters selfishness and thereby undermines the moral basis of society. This thesis has been developed with an emphasis on market exchange. Everyday life is, however, predominantly shaped by interactions in the workplace rather than by shopping behaviour. This...

Persistent link: https://www.econbiz.de/10010262244

Competition, cooperation, and corporate culture

Kosfeld, Michael; von Siemens, Ferdinand - 2007

Teamwork and cooperation between workers can be of substantial value to a firm, yet the level of worker cooperation often varies between individual firms. We show that these differences can be the result of labor market competition if workers have heterogeneous preferences and preferences are...

Persistent link: https://www.econbiz.de/10010276676

A Theory of Social Forces and Immigrant Second Language Acquisition

DeVoretz, Don J.; Werner, Christiane - 2000

The preponderance of minimal second language acquisition by immigrants worldwide is striking. This paper proposes a theoretical model, which analyzes the underlying forces that contribute to this outcome of minimal secondary language acquisition by immigrants in such diverse immigrant-receiving...

Persistent link: https://www.econbiz.de/10010272933

Social preferences in childhood and adolescence: A large-scale experiment

Sutter, Matthias; Feri, Francesco; Kocher, Martin G.; … - 2010

present a large-scale experiment with 883 children and adolescents, aged eight to seventeen years. Participants make decisions …

Persistent link: https://www.econbiz.de/10010269867

Contracts as reference points: experimental evidence

Fehr, Ernst; Hart, Oliver; Zehnder, Christian - 2008

experimentally the behavioral forces stipulated in their theory. The evidence confirms the model's prediction that there is a … with established behavioral concepts, they cannot easily be explained by existing theories. The experiment appears to …

Persistent link: https://www.econbiz.de/10010269323

Testing Canonical Tournament Theory: On the Impact of Risk, Social Preferences and Utility Structure

Sheremeta, Roman M.; Wu, Steven Y. - Institute for the Study of Labor (IZA) - 2012

Persistent link: https://www.econbiz.de/10009646321

On Vertically Challenged and Horizontal Equity : Reassessing Anti-Discrimination Rules

Sadka, Efraim; Margalioth, Yoram; Blumkin, Tomer - 2004

We consider a model of prejudice-driven discrimination, where the advantaged 'tall' discriminate against the disadvantaged 'short'. We employ an egalitarian social welfare function to compare anti-discrimination legal rules with a non-discriminatory ('height-blind') income tax.

Persistent link: https://www.econbiz.de/10010261878

Welfare Analysis in a Schumpeterian Growth Model with Capital

Hagedorn, Marcus; Kaul, Ashok; Reinthaler, Volker - 2001

In this note we compare the laissez-faire steady-state solution in the Howitt and Aghion (1998) model to the social optimum. The analysis offers several new insights in comparison to the welfare analysis in Aghion and Howitt (1992). We find various new distortions between private and optimal...

Persistent link: https://www.econbiz.de/10010262488