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...

Disgrifiad llawn

Manylion Llyfryddiaeth
Prif Awduron: Abeler, J, Altmann, S, Kube, S, Wibral, M
Fformat: Working paper
Iaith:English
Cyhoeddwyd: IZA 2009