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In this paper, we analyze group incentives when a proportion of agents feel in- equity aversion as defined by Fehr and Schmidt (1999). We define a separating equilibrium that explains the co-existence of multiple payment schemes in firms. We show that a tournament provides strong incentives to...
Persistent link: https://www.econbiz.de/10005029818
This paper analyzes which type of intrinsic preferences drive an agent's behavior in a sequential public good game depending on whether the agent is first or second mover. Theoretical predictions are based on heterogeneity of individuals in terms of social and risk preferences. We modelize...
Persistent link: https://www.econbiz.de/10008490699
Although consumer attitudes toward corporate social responsibility are positive, socially responsible (SR) products are far from gaining significant market shares. Information asymmetries have been identified as one of the factor contributing to this attitude-behaviour gap, because social...
Persistent link: https://www.econbiz.de/10009653714
The promotion of Corporate Social Responsibility (CSR) is likely to depend on consumers' purchase behaviors. While many consumers like the idea of social responsibility, the responsible consumption remains at a low level. This survey analyses two main barriers to responsible consumption: the...
Persistent link: https://www.econbiz.de/10010587828
In many cases individuals benefit differently from the provision of a public good. We study in a laboratory experiment how heterogeneity in returns and uncertainty affects unconditional and conditional contribution behavior in a linear public goods game. The elicitation of conditional...
Persistent link: https://www.econbiz.de/10010538965
In many cases individuals benefit differently from the provision of a public good. We study in a laboratory experiment how heterogeneity in returns and uncertainty affects unconditional and conditional contribution behavior in a linear public goods game. The elicitation of conditional...
Persistent link: https://www.econbiz.de/10010561762
Persistent link: https://www.econbiz.de/10009401849
In this paper, we analyze group incentives when a proportion of agents feel in- equity aversion as defined by Fehr and Schmidt (1999). We define a separating equilibrium that explains the co-existence of multiple payment schemes in firms. We show that a tournament provides strong incentives to...
Persistent link: https://www.econbiz.de/10008788937
This paper reports on the results of an experiment testing whether the agents selfselect between a competitive payment scheme and a revenue-sharing scheme depending on their inequity aversion. Average efficiency should be increased when these payment schemes are endogenously chosen by agents. We...
Persistent link: https://www.econbiz.de/10008788967
Comme Saint-Paul (2001) montre que des travailleurs avec des niveaux de productivité proches ont tendance à se retrouver dans les mêmes firmes, on peut sinterroger sur le pouvoir sélectif des mécanismes de rémunération. Le modèle théorique de Lazear (2000) met en avant l'existence à la...
Persistent link: https://www.econbiz.de/10008789417