Showing 1 - 10 of 1,379
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
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/10008494223
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
; (3) perceptions of fairness are prone to the so-called self-serving bias. (4) expectations are often not consistent with …
Persistent link: https://www.econbiz.de/10011539904
the prize structure affects the intensity, fair-ness, and dynamic behavior in sequential round-robin tournaments with three …
Persistent link: https://www.econbiz.de/10013167956
Considerable experimental evidence suggests that non-pecuniary motives must be addressed when modeling behavior in economic contexts. Recent models of non-pecuniary motives can be classified as either altruism- based, equity-based, or reciprocity-based. We estimate and compare leading approaches...
Persistent link: https://www.econbiz.de/10005707975
fairness and reciprocity are important in individual decision-making, there is little explicit empirical evidence of reciprocal …
Persistent link: https://www.econbiz.de/10005707994
Previous studies have found evidence of a self-serving bias in bargaining and dispute resolution. We use experimental data to test for this effect in a simulated labor relatonship. We find a consistent discrepancy between employer beliefs and employee actions that can only be attributed to...
Persistent link: https://www.econbiz.de/10005827477
This paper develops a positive model of informal contracting in which rewards and punishments are not determined by an ex ante optimal plan but instead express the ex post moral sentiments of the arbitrating party. We consider a subjective performance evaluation problem in which a principal can...
Persistent link: https://www.econbiz.de/10011671838
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