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Gift exchange experiments have demonstrated that norms can affect labor market outcomes and provided an explanation for involuntary unemployment. However, conflicting results from laboratory and field experiments have questioned the relevance of gift exchange and helped spark an ongoing debate...
Persistent link: https://www.econbiz.de/10013315808
economic contexts. Recent models of non-pecuniary motives can be classified as either altruism- based, equity-based, or …
Persistent link: https://www.econbiz.de/10014193833
Studies of gift exchange have focused on employees' provision of effort to reciprocate good wages, but other avenues of reciprocation exist. We study a natural alternative, the use of verbal rewards and punishments, by altering a bilateral gift exchange game so that employees can send messages...
Persistent link: https://www.econbiz.de/10013128322
Persistent link: https://www.econbiz.de/10009571164
. In our laboratory experiment, we establish the existence of a significant efficiency premium of uniform wages. However …-enhancing effects. -- gift exchange ; multiple agents ; uniform contracts ; collective wage ; experiment …
Persistent link: https://www.econbiz.de/10009737428
employed in cooperatives.We gathered incentive-compatible measures of risk preferences, time preferences, reciprocity, altruism … students. To do this, we conducted a high-stakes lab-in-the-field experiment in which participants played a series of online … experimental games and made incentivised decisions. The average payoff in the experiment was approximately 2.5 times higher than …
Persistent link: https://www.econbiz.de/10012005588
world do we arguably have the possibility of altruism, understood as disinterested giving. After reviewing some of the more …
Persistent link: https://www.econbiz.de/10014023679
Persistent link: https://www.econbiz.de/10014240268
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What determines people's moral judgments of selfish behaviors? Here we study whether people's normative views in trust and gift exchange games, which underlie many situations of economic and social significance, are themselves functions of positive emotions. We used experimental survey methods...
Persistent link: https://www.econbiz.de/10009771743