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One-shot interaction and repeated interaction often co-exist in the real world. We study possible behavioral effects of this co-existence in a principal-agent setting, in which a principal simultaneously employs a permanent and a temporary agent. Our experimental results indicate that there is...
Persistent link: https://www.econbiz.de/10010267128
We experimentally test whether intentional and observable discriminatory pay of symmetric agents in the Winter (2004) game causes low paid agents to reduce effiort. 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/10010267082
Empirical work on Akerlof's theory of gift exchange in labor markets has concentrated on the fair wage-effort hypothesis. In fact, however, the theory also contains a social component that stipulates that homogenous agents that are employed for the same wage level will exert more effort,...
Persistent link: https://www.econbiz.de/10010294837
Empirical work on Akerlof’s theory of gift exchange in labor markets has concentrated on the fair wage-effort hypothesis. In fact, however, the theory also contains a social component that stipulates that homogenous agents that are employed for the same wage level will exert more effort,...
Persistent link: https://www.econbiz.de/10010427617
Empirical work on Akerlof's theory of gift exchange in labor markets has concentrated on the fair wage-effort hypothesis. In fact, however, the theory also contains a social component that stipulates that homogenous agents that are employed for the same wage level will exert more effort,...
Persistent link: https://www.econbiz.de/10010282462
about others' cooperation. Moreover, we show that the "fairness question", a recently proposed alternative to the standard …
Persistent link: https://www.econbiz.de/10011310730
Ultimatumspiel hatte der Mitspieler ein Vetorecht, beim Diktatorspiel nicht. Ziel war es erstens zu ermitteln, inwieweit Fairness … Präferenz der Individuen für "Fairness". [...] …The present study examines the fairness behavior of students of various academic programs. For this purpose, 289 …
Persistent link: https://www.econbiz.de/10011327915
How malleable are people´s fairness ideals? Although fairness is an oft-invoked concept in allocation situations, it is … still unclear whether and to what extent people´s allocations reflect their fairness ideals. We investigate in a laboratory … experiment whether people´s fairness ideals vary with respect to changes in the order in which they undertake two allocation …
Persistent link: https://www.econbiz.de/10011348203
In dieser experimentellen Studie untersuchen wir das kooperative Verhalten von Offizieren (bzw. Offiziersanwärtern) der Bundeswehr. Dabei betrachten wir ihre Interaktionen sowohl untereinander als auch gegenüber zivilen Probanden. Unsere Kernhypothesen sind, dass sich die angehenden Offiziere...
Persistent link: https://www.econbiz.de/10011413150
It is often conjectured that participatory decision making may increase acceptance even of unfavorable decisions. The present paper tests this conjecture in a three-person power-to-take game. Two takers decide which fraction of the responder's endowment to transfer to themselves; the responder...
Persistent link: https://www.econbiz.de/10010265868