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We show experimentally that a principal?s distrust in the voluntary performance of an agent has a negative impact on … the agent?s motivation to perform well. Before the agent chooses his performance, the principal in our experiment decides … opportunistically. We find that most principals in our experiment do not restrict the agent?s choice set but trust that the agent will …
Persistent link: https://www.econbiz.de/10010261958
Many economic, political and social environments can be described as contests in which agents exert costly efforts while competing over the distribution of a scarce resource. These environments have been studied using Tullock contests, all-pay auctions and rankorder tournaments. This survey...
Persistent link: https://www.econbiz.de/10010311082
What is the motivational effect of imposing a minimum effort require- ment? Agents may no longer exert voluntary effort but merely meet the requirement. Here, we examine how such hidden costs of control change when control is considered legitimate. We study a principal- agent model where control...
Persistent link: https://www.econbiz.de/10011422159
We examine trust and trustworthiness of individuals with varying professional preferences and experiences. Our subjects … study business and economics in Frankfurt, the financial center of Germany and continental Europe. In the trust game … process. In a prediction game that is strategically equivalent to the trust game, the amount sent by first-movers was …
Persistent link: https://www.econbiz.de/10010368430
classic simple bargaining games (ultimatum, dictator, and trust games). Specifically, we experimentally manipulate sleep … time‐of‐day of the decisions. We find a robust result of increased greed, reduced trust, and reduced trustworthiness …
Persistent link: https://www.econbiz.de/10011451251
performance appraisal systems, monitoring by supervisors, autonomy to organize the work) and individuals' inclination to trust … others. Trust is measured by the general trust question like in most other economic studies based on surveys. We find that … negatively related to trust. Moreover, we contribute to the literature on trust by gathering hints to other potential …
Persistent link: https://www.econbiz.de/10010269411
motivation is crowded out when monitoring is above a certain threshold. We identify that both interpersonal principal/agent links …
Persistent link: https://www.econbiz.de/10010261972
While the public good experiment has been used to analyze cooperation among various groups in Western Europe and North America, it has not been extensively used in other contexts such as Turkey. This project seeks to rectify that and explore how Turkish university students informally self...
Persistent link: https://www.econbiz.de/10011807205
In this paper we experimentally investigate whether the so-called in-group/out-group bias leads to a favoring of own team members as candidates in promotion (by voting for them) relative to other teams and their members. In contrast to psychological approaches, mon- etary incentives for voting...
Persistent link: https://www.econbiz.de/10010264923
In our model, an agent produces an outcome by a costly effort and then distributes it among heterogeneous users. The agent's payoff is the weighted sum of the users? shares and the coefficient reflecting their heterogeneity. When the agent neglects users? heterogeneity the game leads to an...
Persistent link: https://www.econbiz.de/10010276426