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Interactions between players with private information and opposed interests are often prone to bad advice and inefficient outcomes, e.g. markets for financial or health care services. In a deception game we investigate experimentally which factors could improve advice quality. Besides advisor...
Persistent link: https://www.econbiz.de/10011881706
Persistent link: https://www.econbiz.de/10011986852
uncertain mapping between effort and output that inhibits reciprocity. This uncertainty is prevalent in creative and other …
Persistent link: https://www.econbiz.de/10011479746
uncertain mapping between effort and output that inhibits reciprocity. This uncertainty is prevalent in creative and other …
Persistent link: https://www.econbiz.de/10011459389
One of the main findings of a large body of gift exchange experiments is that in an incomplete contracts environment … in the size of the workforce and intention-based reciprocity rather than social preferences seems to be the main driving …
Persistent link: https://www.econbiz.de/10010325208
One of the main findings of a large body of gift exchange experiments is that in an incomplete contracts environment … in the size of the workforce and intention-based reciprocity rather than social preferences seems to be the main driving …
Persistent link: https://www.econbiz.de/10011338000
We consider repeated trust game experiments to study the interplay between explicit and relational incentives. After … contract), because this game better sustains (implicit) relational incentives backed by either reputational or reciprocity …
Persistent link: https://www.econbiz.de/10011378080
reciprocity and inequality aversion reduce the attraction of performance related pay. Other-regarding preferences influence both …
Persistent link: https://www.econbiz.de/10010261940
We conduct a field experiment where we vary both the presence of a gift exchange wage and the effect of the worker's effort on the manager's payoff. The results indicate a strong complementarity between the initial wage gift and the agent's ability to repay the gift. We collect information on...
Persistent link: https://www.econbiz.de/10010280811
on details of the environment. -- incentives ; reciprocity ; gift exchange ; field experiments …
Persistent link: https://www.econbiz.de/10009488990