Similar Search Results

Do high stakes and competition undermine fair behaviour? : evidence from Russia

Fehr, Ernst; Tugareva, Elena; Fischbacher, Urs - In: Journal of economic behavior & organization : JEBO 108 (2014), pp. 354-363

Persistent link: https://www.econbiz.de/10011296493

The complementarity between trust and contract enforcement

Bartling, Björn; Fehr, Ernst; Huffman, David; Netzer, Nick - 2021 - Revised version

Under weak contract enforcement the trading parties’ trust, defined as their belief in other’s trustworthiness, appears important for realizing gains from trade. In contrast, under strong contract enforcement beliefs about other’s trustworthiness appear less important, suggesting that...

Persistent link: https://www.econbiz.de/10012510645

Adding a stick to the carrot? : the interaction of bonuses and fines

Fehr, Ernst; Schmidt, Klaus M. - 2007

actually pay the announced bonus. This offers a new explanation for why explicit and implicit incentives are substitutes rather …

Persistent link: https://www.econbiz.de/10010365854

Fairness and contract design

Fehr, Ernst; Klein, Alexander; Schmidt, Klaus M. - In: Econometrica : journal of the Econometric Society, an … 75 (2007) 1, pp. 121-154

Persistent link: https://www.econbiz.de/10003410472

Fairness, incentives and contractual incompleteness

Fehr, Ernst; Klein, Alexander; Schmidt, Klaus M. - 2001

We show that concerns for fairness may have dramatic consequences for the optimal provision of incentives in a moral … incentives and become superior when there are also fair-minded players. These predictions are strongly supported by the results …

Persistent link: https://www.econbiz.de/10011398105

Fairness and contract design

Fehr, Ernst; Klein, Alexander; Schmidt, Klaus M. - 2005 - This version: November 5, 2005

provide powerful incentives and are superior to explicit incentive contracts when there are some fair-minded players. But …, which offer important new insights into the interaction of contract choices, fairness and incentives. …

Persistent link: https://www.econbiz.de/10010371080

The economics of strong reciprocity

Fehr, Ernst; Fischbacher, Urs - In: Moral sentiments and material interests : the …, (pp. 151-192). 2005

Persistent link: https://www.econbiz.de/10003048926

Fairness, incentives, and contractual choices

Fehr, Ernst; Schmidt, Klaus M. - In: European economic review : EER 44 (2000) 4/6, pp. 1057-1068

Persistent link: https://www.econbiz.de/10001487007

Fairness, Incentives and Contractual Incompleteness

Fehr, Ernst; Klein, Alexander; Schmidt, Klaus M. - 2021

Persistent link: https://www.econbiz.de/10013321144

Contracts, fairness, and incentives

Fehr, Ernst; Klein, Alexander; Schmidt, Klaus M. - 2004 - This version: March 31, 2004

actors provide powerful incentives and become superior when there are some fair-minded players. The principals understand … enforcement power of explicit and implicit incentives. This contract preference is associated with the fact that explicit … incentives weaken the enforcement power of implicit bonus incentives significantly. Our results are largely consistent with …

Persistent link: https://www.econbiz.de/10010440446