Arbeitspapier

On the role of social wage comparisons in gift-exchange experiments

This study extends a bilateral gift exchange experiment by Clark et al. (2010) who investigate how feedback of information about wages paid in the market affects both employers' wage setting and workers' performance. We provide either quantitative or qualitative information on the average wage paid in all worker-employer-relationships, and we also study repeated relationships (fixedmatching). We find that information on the average wage reduces (increases) both wage offers and effort levels in one-shot (repeated) relationships.

Sprache
Englisch

Erschienen in
Series: Economics Working Paper ; No. 2010-11

Klassifikation
Wirtschaft
Design of Experiments: Laboratory, Individual
Equity, Justice, Inequality, and Other Normative Criteria and Measurement
Labor Contracts
Thema
gift-exchange
reciprocity
wage difference
economic experiment

Ereignis
Geistige Schöpfung
(wer)
Siang, Ch'ng Kean
Requate, Till
Waichman, Israel
Ereignis
Veröffentlichung
(wer)
Kiel University, Department of Economics
(wo)
Kiel
(wann)
2010

Handle
Letzte Aktualisierung
10.03.2025, 11:44 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Siang, Ch'ng Kean
  • Requate, Till
  • Waichman, Israel
  • Kiel University, Department of Economics

Entstanden

  • 2010

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