Artikel
Should firms allow workers to choose their own wage?
Economists typically predict that people are inherently selfish; however, experimental evidence suggests that this is often not the case. In particular, delegating a choice (such as a wage) to the performing party may imbue this party with a sense of responsibility, leading to improved outcomes for both the delegating entity and the performing party. This strategy can be risky, as some people will still choose to act in a selfish manner, causing adverse consequences for productivity and earnings. An important issue to consider is therefore how to encourage a sense of responsibility in the performing party.
- Sprache
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Englisch
- Erschienen in
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Journal: IZA World of Labor ; ISSN: 2054-9571 ; Year: 2016 ; Bonn: Institute for the Study of Labor (IZA)
- Klassifikation
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Wirtschaft
Economic Methodology: Other
Design of Experiments: Laboratory, Individual
- Thema
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delegation
responsibility
social outcomes
experimental evidence
- Ereignis
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Geistige Schöpfung
- (wer)
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Charness, Gary
- Ereignis
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Veröffentlichung
- (wer)
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Institute for the Study of Labor (IZA)
- (wo)
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Bonn
- (wann)
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2016
- DOI
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doi:10.15185/izawol.223
- Handle
- Letzte Aktualisierung
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10.03.2025, 11:43 MEZ
Datenpartner
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Objekttyp
- Artikel
Beteiligte
- Charness, Gary
- Institute for the Study of Labor (IZA)
Entstanden
- 2016