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.
- Language
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Englisch
- Bibliographic citation
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Series: Economics Working Paper ; No. 2010-11
- Classification
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Wirtschaft
Design of Experiments: Laboratory, Individual
Equity, Justice, Inequality, and Other Normative Criteria and Measurement
Labor Contracts
- Subject
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gift-exchange
reciprocity
wage difference
economic experiment
- Event
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Geistige Schöpfung
- (who)
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Siang, Ch'ng Kean
Requate, Till
Waichman, Israel
- Event
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Veröffentlichung
- (who)
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Kiel University, Department of Economics
- (where)
-
Kiel
- (when)
-
2010
- Handle
- Last update
-
10.03.2025, 11:44 AM CET
Data provider
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Object type
- Arbeitspapier
Associated
- Siang, Ch'ng Kean
- Requate, Till
- Waichman, Israel
- Kiel University, Department of Economics
Time of origin
- 2010