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...

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Autors principals: Abeler, J, Altmann, S, Kube, S, Wibral, M
Format: Working paper
Idioma:English
Publicat: IZA 2009