Gift Exchange and Workers’ Fairness Concerns: When Equality Is Unfair
We study how different payment modes influence the effectiveness of gift exchange as a contract enforcement device. In particular, we analyze how horizontal fairness concerns affect performance and efficiency in an environment characterized by contractual incompleteness. In our experiment, one princ...
| Main Authors: | , , , |
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| Format: | Working paper |
| Language: | English |
| Published: |
IZA
2009
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