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Strategies of cooperation and punishment among students and clerical workers

Bigoni, Maria; Camera, Gabriele; Casari, Marco - 2012

We study the individual behavior of students and workers in an experiment where they repeatedly face the same cooperative task. The data show that clerical workers differ from college students in overall cooperation rates, strategy adoption and use of punishment opportunities. Students cooperate...

Persistent link: https://www.econbiz.de/10010291472

Strategies of Cooperation and Punishment among Students and Clerical Workers

Bigoni, Maria; Camera, Gabriele; Casari, Marco - Institute for the Study of Labor (IZA) - 2012

Persistent link: https://www.econbiz.de/10010598552

Job Market Signaling and Employer Learning

Alós-Ferrer, Carlos; Prat, Julien - Institute for the Study of Labor (IZA) - 2008

select a unique separating equilibrium. When the Intuitive Criterion bites and information is purely asymmetric, the …

Persistent link: https://www.econbiz.de/10005822317

Mutual Insurance in the Village and Beyond

Bell, Clive; Gersbach, Hans; Haller, Hans - 2024

When formal insurance is unavailable, mutual insurance among households can serve as an alternative. This paper analyzes a game between economic agents facing uncertainty and maximizing discounted utility without enforceable contracts or access to capital markets. While autarky is always a...

Persistent link: https://www.econbiz.de/10015166186

Social networks

de Martí, Joan; Zenou, Yves - 2009

We survey the literature on social networks by putting together the economics, sociological and physics/applied mathematics approaches, showing their similarities and differences. We expose, in particular, the two main ways of modeling network formation. While the physics/applied mathematics...

Persistent link: https://www.econbiz.de/10010275834

Feedback and incentives: experimental evidence

Eriksson, Tor; Poulsen, Anders; Villeval, Marie-Claire - 2008

This paper experimentally investigates the impact of different pay and relative performance information policies on … employee effort. We explore three information policies: No feedback about relative performance, feedback given halfway through … off. Moreover, in both pay schemes information feedback reduces the quality of the low performers' work. …

Persistent link: https://www.econbiz.de/10010268675

Courtesy and idleness: gender differences in team work and team competition

Ivanova-Stenzel, Radosveta; Kübler, Dorothea - 2005

Does gender play a role in the context of team work? Our results based on a real-effort experiment suggest that performance depends on the composition of the team. We find that female and male performance differ most in mixed teams with revenue sharing between the team members, as men put in...

Persistent link: https://www.econbiz.de/10010267550

The impact of distributional preferences on (experimental) markets for expert services

Kerschbamer, Rudolf; Sutter, Matthias; Dulleck, Uwe - 2009

Credence goods markets suffer from inefficiencies arising from informational asymmetries between expert sellers and customers. While standard theory predicts that inefficiencies disappear if customers can verify the quality received, verifiability fails to yield efficiency in experiments with...

Persistent link: https://www.econbiz.de/10010269558

Guilt from promise-breaking and trust in markets for expert services: Theory and experiment

Beck, Adrian; Kerschbamer, Rudolf; Qiu, Jianying; … - 2010

We examine the influence of guilt and trust on the performance of credence goods markets. An expert can make a promise to a consumer first, whereupon the consumer can express her trust by paying an interaction price before the expert's provision and charging decisions. We argue that the expert's...

Persistent link: https://www.econbiz.de/10010269892

The economics of credence goods: on the role of liability, verifiability, reputation and competition

Dulleck, Uwe; Kerschbamer, Rudolf; Sutter, Matthias - 2009

Credence goods markets are characterized by asymmetric information between sellers and consumers that may give rise to …

Persistent link: https://www.econbiz.de/10010271236