This paper studies how social relationships between managers and employees affect relational incentive contracts. To this end we develop a simple dynamic principal-agent model where both players may have feelings of altruism or spite toward each other. The contract may contain two types of...

This paper studies how social relationships between managers and employees affect relational incentive contracts. To this end we develop a simple dynamic principal-agent model where both players may have feelings of altruism or spite toward each other. The contract may contain two types of...

During the last three decades the ascent of behavioral economics clearly helped to bring down artificial disciplinary boundaries between psychology and economics. Noting that behavioral economics seems still under the spell of the rational choice tradition and, indirectly, of behaviorism we...

Social interactions determine many economic behaviors, but information on social ties does not exist in most publicly available and widely used datasets. We present results on the identification of social networks from observational panel data that contains no information on social ties between...

We introduce "group cohesion" to study the economic relevance of social relationships in team production. We operationalize measurement of group cohesion, adapting the "oneness scale" from psychology. A series of experiments, including a pre-registered replication, reveals strong positive...

Using case studies drawn from the authors' own and others' research, this working paper describes and compares some of the ways land conflicts reflected, intensified or reshaped struggles over authority within and between families, local communities, institutions and states in post-colonial...

Ausgangspunkt dieses Beitrags ist die Abgrenzung des Phänomens der residentiellen Multilokalität von anderen Formen der Mehrörtigkeit. Diese soziale Praxis, welche die Verfügbarkeit von zwei oder mehr Behausungen voraussetzt, bedingt eine spezifische Lebensweise. Als Bezeichnung des...

Der Beitrag widmet sich den Sozialstrukturen und sozialen Beziehungen in Kleinstädten: Es werden die zentralen Begrifflichkeiten geklärt, ein Überblick über den bisherigen Forschungsstand gegeben sowie offene Fragen für die Kleinstadtforschung benannt. Der Beitrag zeigt auf, dass...

We use a laboratory experiment to examine whether and to what extent other-regarding preferences of team leaders influence their leadership style in choice under risk. We find that leaders who prefer efficiency or report high levels of selfishness are more likely to exercise an autocratic...