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...

وصف كامل

التفاصيل البيبلوغرافية
المؤلفون الرئيسيون: Abeler, J, Altmann, S, Kube, S, Wibral, M
التنسيق: Working paper
اللغة:English
منشور في: IZA 2009