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We conduct an experimental study to investigate the causal impact of social identity on individuals' performance under incentives. We focus on China's household registration (hukou) system, which favors urban residents and discriminates against rural residents in resource allocation. Our results...
Persistent link: https://www.econbiz.de/10011264442
We examine how formal and informal contract enforcing institutions interact in a competitive market with asymmetric information where consumers do not observe quality before purchase. Firm level incentives for producing high quality can be achieved with an informal enforcement mechanism,...
Persistent link: https://www.econbiz.de/10011056179
Persistent link: https://www.econbiz.de/10005300199
We examine how formal and informal contract enforcing institutions interact in a competitive market with asymmetric information where consumers do not observe quality before purchase. Firm level incentives for producing high quality can be achieved with an informal enforcement mechanism,...
Persistent link: https://www.econbiz.de/10008869376