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Previous experimental results have shown that the introduction of a minimum wage increases wages in a monopsonistic labor market. The results rely on the assumption that the minimum wage laws are common knowledge among employers and workers, which is often violated in less developed labor...
Persistent link: https://www.econbiz.de/10010617615
Individuals in a social dilemma may experience a self-control conflict between urges to act selfishly and their better judgment to cooperate. Pairing a public goods game with a subtle framing technique, we test whether perception of self-control conflict strengthens the association between...
Persistent link: https://www.econbiz.de/10011117228
Understanding the motivations behind people’s voluntary contributions to public goods is crucial for the broader issues of economic and social development. By using the experimental design of Fischbacher, Gächter, and Fehr (2001), we investigate the distribution of contribution types in two...
Persistent link: https://www.econbiz.de/10011051325
We study the behavior of football (soccer) agents in the German Bundesliga. Referees are requested to act as impartial agents. However, they may be tempted to allocate benefits and rewards in a biased way. Agency theory has long neglected this form of malfeasance of economic agents,but has...
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