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We conduct a field experiment in a naturally occurring labor environment and track whether the performance of workers responds to unexpected wage increases. Specifically, we investigate how the timing of wage increases affects efforts. We find that workers’ performance is substantially higher...
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We let subjects estimate behavior and expectations of others before they play dictator games, and only vary the quantitative scales for their estimates. Our data show that this manipulation may significantly affect economic decisions: dictators who are presented a scale with a higher midpoint...
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Laboratory market experiments observe a sharp dichotomy between (selfish) competitive behavior and fair-minded social behavior depending on competitive conditions. While the dichotomy is consistent with social preference theory, the often advanced hypothesis that social behavior is an artifact...
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