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A debate among practicing managers is whether to use cooperative or competitive incentives for team production. While competitive incentives may drive individual effort higher, they may also lead to less help and more sabotage; an issue exacerbated when team members' abilities are varied. Using a...
Persistent link: https://www.econbiz.de/10012621416
This paper investigates whether distributional conflicts become more likely when groups are involved in the fight. We present results from a laboratory experiment in which two parties can appropriate resources via a contest or, alternatively, take an outside option. Keeping monetary gains...
Persistent link: https://www.econbiz.de/10014390274
In standard coalition games, players try to form a coalition to secure a prize and a coalition agreement specifies how the prize is to be split among its members. However, in practical situations where coalitions are formed, the actual split of the prize often takes place after the coalition...
Persistent link: https://www.econbiz.de/10012550309
We study the effects of macroeconomic shocks on several measures of economic inequality obtained from U.S. survey data … macroeconomic shocks on economic inequality depend on the type of shock as well as on the measure of inequality considered …. Contractionary monetary policy shocks increase expenditure and consumption inequality, whereas income and earnings inequality are …
Persistent link: https://www.econbiz.de/10011954069
that teams are significantly more benevolent than individuals in the domain of disadvantageous inequality while the … benevolence in the domain of advantageous inequality is similar across decision makers. A consequence for the frequency of … preference types is that while a substantial fraction of individuals is classified as inequality averse, this type disappears …
Persistent link: https://www.econbiz.de/10009764814
We devise a new experimental game by nesting a voluntary contributions mechanism in a broader spectrum of incentive schemes. With it, we study tensions between egalitarianism, equity concerns, self-interest, and the need for incentives. In a 2x2 design, subjects either vote on or exogenously...
Persistent link: https://www.econbiz.de/10009737083
Persistent link: https://www.econbiz.de/10008799081
We investigate the role of intentions in two-player two-stage games. For this purpose we systematically vary the set of opportunity sets the first mover can chose from and study how the second mover reacts not only to opportunities of gains but also of losses created by the choice of the first...
Persistent link: https://www.econbiz.de/10011480554
This paper examines how perceptions of social mobility affect acceptance of inequality. We conduct a randomized …
Persistent link: https://www.econbiz.de/10012177036
As we have demonstrated in a recent laboratory experiment [see Sebald and Walzl (2012)], individuals tend to sanction others who subjectively evaluate their performance whenever this assessment falls short of the individual's self-evaluation even if their earnings are unaffected by the...
Persistent link: https://www.econbiz.de/10009742622