Showing 1 - 10 of 421
react negatively by withholding effort. -- principal-agent problem ; permanent and temporary employment ; fairness ; wage …
Persistent link: https://www.econbiz.de/10003944228
We experimentally test whether intentional and observable discriminatory pay of symmetric agents in the Winter (2004) game causes low paid agents to reduce effort. We control for intentionality of wages by either allowing a principal to determine wages or by implementing a random process. Our...
Persistent link: https://www.econbiz.de/10003924261
One may hope to capture the behavioral and emotional effects of downsizing the laborforce in rather abstract settings as an ultimatum game (see Fischer et al. (2008)), or try to explore downsizing in its more natural principalagent scenario with a labor market background. We pursue the latter...
Persistent link: https://www.econbiz.de/10003796325
Economists have been theorizing that other-regarding preferences influence decision making. Yet, what are the corresponding psychological mechanisms that inform these preferences in laboratory games? Empathy and Theory of Mind (ToM) are dispositions considered to be essential in social...
Persistent link: https://www.econbiz.de/10003980496
How malleable are peopleś fairness ideals? Although fairness is an oft-invoked concept in allocation situations, it is … still unclear whether and to what extent peopleś allocations reflect their fairness ideals. We investigate in a laboratory … experiment whether peopleś fairness ideals vary with respect to changes in the order in which they undertake two allocation tasks …
Persistent link: https://www.econbiz.de/10011279775
We report on an experiment using video technology to manipulate pre-play communication protocols in the lab and to study purely social effects of communication on donations and discrimination between potential receivers. The experimental design eliminates strategic factors by allowing two...
Persistent link: https://www.econbiz.de/10003980503
We investigate to what extent genuine social preferences can explain observed other-regarding behavior. In a dictator game variant subjects can choose whether to learn about the consequences of their choice for the receiver. We find that a majority of subjects showing other-regarding behavior...
Persistent link: https://www.econbiz.de/10008746951
The provision of public goods regularly embodies interrelated spheres of influence on multiple scales. This article examines the nature of human behavior in a multilevel social dilemma game with positive provision externalities to local and global scales. We report experimental results showing...
Persistent link: https://www.econbiz.de/10009487801
Recent research has cast some doubt on the general validity of outcome-based models of social preferences. We develop a model based on cognitive dissonance that focuses on the importance of self-image. An experiment (a dictator game variant) tests the model. First, we find that subjects whose...
Persistent link: https://www.econbiz.de/10009129721
This article examines the nature of human behavior in a nested social dilemma referred to as the Spillover Game. Players are divided into two groups with positive production interdependencies. Based on theoretically derived opportunistic, local, and global optima, our experimental results...
Persistent link: https://www.econbiz.de/10003952498