Firms, Markets, and the Work Ethic
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Ernst Fehr & Simon Gächter, 2000.
"Fairness and Retaliation: The Economics of Reciprocity,"
Journal of Economic Perspectives, American Economic Association, vol. 14(3), pages 159-181, Summer.
- Ernst Fehr & Simon Gaechter, "undated". "Fairness and Retaliation: The Economics of Reciprocitys," IEW - Working Papers 040, Institute for Empirical Research in Economics - University of Zurich.
- Ernst Fehr & Simon Gaechter, 2000. "Fairness and Retaliation: The Economics of Reciprocity," CESifo Working Paper Series 336, CESifo.
- Ernst Fehr & Klaus M. Schmidt, 1999.
"A Theory of Fairness, Competition, and Cooperation,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 114(3), pages 817-868.
- Fehr, Ernst & Schmidt, Klaus M., . "A theory of fairness, competition, and cooperation," Chapters in Economics,, University of Munich, Department of Economics.
- Ernst Fehr & Klaus M. Schmidt, "undated". "A Theory of Fairness, Competition and Cooperation," IEW - Working Papers 004, Institute for Empirical Research in Economics - University of Zurich.
- Fehr, Ernst & Schmidt, Klaus M., 1999. "A theory of fairness, competition, and cooperation," Munich Reprints in Economics 20650, University of Munich, Department of Economics.
- Fehr, Ernst & Schmidt, Klaus M., 1998. "A Theory of Fairness, Competition and Cooperation," CEPR Discussion Papers 1812, C.E.P.R. Discussion Papers.
- Patrick Bolton & Mathias Dewatripont, 2005.
"Contract Theory,"
MIT Press Books,
The MIT Press,
edition 1, volume 1, number 0262025760, April.
- Mathias Dewatripont & Patrick Bolton, 2005. "Contract theory," ULB Institutional Repository 2013/9543, ULB -- Universite Libre de Bruxelles.
- Falk, Armin & Fischbacher, Urs, 2006.
"A theory of reciprocity,"
Games and Economic Behavior, Elsevier, vol. 54(2), pages 293-315, February.
- Armin Falk & Urs Fischbacher, "undated". "A Theory of Reciprocity," IEW - Working Papers 006, Institute for Empirical Research in Economics - University of Zurich.
- Falk, Armin & Fischbacher, Urs, 2001. "A Theory of Reciprocity," CEPR Discussion Papers 3014, C.E.P.R. Discussion Papers.
- Armin Falk & Urs Fischbacher, 2001. "A Theory of Reciprocity," CESifo Working Paper Series 457, CESifo.
- Ernst Fehr & Alexander Klein & Klaus M Schmidt, 2007.
"Fairness and Contract Design,"
Econometrica, Econometric Society, vol. 75(1), pages 121-154, January.
- Fehr, Ernst & Klein, Alexander & Schmidt, Klaus M., 2005. "Fairness and Contract Design," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 67, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
- Fehr, Ernst & Klein, Alexander & Schmidt, Klaus M., 2007. "Fairness and contract design," Munich Reprints in Economics 20618, University of Munich, Department of Economics.
- Holmstrom, Bengt & Milgrom, Paul, 1991. "Multitask Principal-Agent Analyses: Incentive Contracts, Asset Ownership, and Job Design," The Journal of Law, Economics, and Organization, Oxford University Press, vol. 7(0), pages 24-52, Special I.
- Ernst Fehr & Urs Fischbacher, "undated". "Why Social Preferences Matter - The Impact of Non-Selfish Motives on Competition," IEW - Working Papers 084, Institute for Empirical Research in Economics - University of Zurich.
- Axel Ockenfels & Gary E. Bolton, 2000. "ERC: A Theory of Equity, Reciprocity, and Competition," American Economic Review, American Economic Association, vol. 90(1), pages 166-193, March.
- Akerlof, George A, 1983. "Loyalty Filters," American Economic Review, American Economic Association, vol. 73(1), pages 54-63, March.
- Werner Raub, 1990. "A General Game-Theoretic Model of Preference Adaptations in Problematic Social Situations," Rationality and Society, , vol. 2(1), pages 67-93, January.
- Frank, Robert H, 1987. "If Homo Economicus Could Choose His Own Utility Function, Would He Want One with a Conscience?," American Economic Review, American Economic Association, vol. 77(4), pages 593-604, September.
- Martin Dufwenberg & Paul Heidhues & Georg Kirchsteiger & Frank Riedel & Joel Sobel, 2011.
"Other-Regarding Preferences in General Equilibrium,"
The Review of Economic Studies, Review of Economic Studies Ltd, vol. 78(2), pages 613-639.
- Kirchsteiger, Georg & Heidhues, Paul & Riedel, Frank & Dufwenberg, Martin & Sobel, Joel, 2008. "Other-Regarding Preferences in General Equilibrium," CEPR Discussion Papers 6815, C.E.P.R. Discussion Papers.
- Martin Dufwenberg & Paul Heidhues & Georg Kirchsteiger & Frank Riedel & Joel Sobel, 2011. "Other-Regarding Preferences in General Equilibrium," ULB Institutional Repository 2013/149598, ULB -- Universite Libre de Bruxelles.
- Kandel, Eugene & Lazear, Edward P, 1992.
"Peer Pressure and Partnerships,"
Journal of Political Economy, University of Chicago Press, vol. 100(4), pages 801-817, August.
- Kandel, E. & Lazear, E.P., 1990. "Peer Pressure and Partnerships," Papers 90-07, Rochester, Business - Managerial Economics Research Center.
- Samuel Bowles, 1998. "Endogenous Preferences: The Cultural Consequences of Markets and Other Economic Institutions," Journal of Economic Literature, American Economic Association, vol. 36(1), pages 75-111, March.
- Martin Dufwenberg & Paul Heidhues & Georg Kirchsteiger & Frank Riedel & Joel Sobel, 2011.
"Other-Regarding Preferences in General Equilibrium,"
Review of Economic Studies, Oxford University Press, vol. 78(2), pages 613-639.
- Dufwenberg, Martin & Heidhues, Paul & Kirchsteiger, Georg & Riedel, Frank & Sobel, Joel, 2008. "Other-Regarding Preferences in General Equilibrium," CEPR Discussion Papers 6815, C.E.P.R. Discussion Papers.
- Martin Dufwenberg & Paul Heidhues & Georg Kirchsteiger & Frank Riedel & Joel Sobel, 2011. "Other-Regarding Preferences in General Equilibrium," ULB Institutional Repository 2013/149598, ULB -- Universite Libre de Bruxelles.
- Martin Dufwenberg & Paul Heidues & Georg Kirchsteiger & Frank Riedel & Joel Sobel, 2008. "Other-Regarding Preferences in General Equilibrium," Working Papers ECARES 2008-011, ULB -- Universite Libre de Bruxelles.
- Ramon Casadesus‐Masanell, 2004. "Trust in Agency," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 13(3), pages 375-404, September.
- Rabin, Matthew, 1993.
"Incorporating Fairness into Game Theory and Economics,"
American Economic Review, American Economic Association, vol. 83(5), pages 1281-1302, December.
- Matthew Rabin., 1992. "Incorporating Fairness into Game Theory and Economics," Economics Working Papers 92-199, University of California at Berkeley.
- M. Rabin, 2001. "Incorporating Fairness into Game Theory and Economics," Levine's Working Paper Archive 511, David K. Levine.
- Ernst Fehr & Urs Fischbacher, 2002. "Why Social Preferences Matter -- The Impact of Non-Selfish Motives on Competition, Cooperation and Incentives," Economic Journal, Royal Economic Society, vol. 112(478), pages 1-33, March.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Michael T. Rauh & Giulio Seccia, 2010.
"Agency and Anxiety,"
Journal of Economics & Management Strategy, Wiley Blackwell, vol. 19(1), pages 87-116, March.
- Michael T. Rauh & Giulio Seccia, 2006. "Agency and Anxiety," Working Papers 2006-02, Indiana University, Kelley School of Business, Department of Business Economics and Public Policy.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Abhijit Ramalingam & Michael T. Rauh, 2010. "The Firm as a Socialization Device," Management Science, INFORMS, vol. 56(12), pages 2191-2206, December.
- Michael T. Rauh, 2007. "Incentives, Solidarity, and the Division of Labor," Working Papers 2007-15, Indiana University, Kelley School of Business, Department of Business Economics and Public Policy.
- Brice Corgnet & Brian Gunia & Roberto Hernán González, 2021.
"Harnessing the power of social incentives to curb shirking in teams,"
Journal of Economics & Management Strategy, Wiley Blackwell, vol. 30(1), pages 139-167, February.
- Brice Corgnet & Brian Gunia & Roberto Hernán González, 2019. "Harnessing the Power of Social Incentives to Curb Shirking in Teams," Working Papers 19-30, Chapman University, Economic Science Institute.
- Brice Corgnet & Brian Gunia & Roberto Hernán González, 2021. "Harnessing the power of social incentives to curb shirking in teams," Post-Print halshs-03031374, HAL.
- Brice Corgnet & Brian C. Gunia & Roberto Hernán-González, 2021. "Harnessing the power of social incentives to curb shirking in teams," Post-Print hal-03188236, HAL.
- Brice Corgnet & Brian Gunia & Roberto Hernán González, 2020. "Harnessing the Power of Social Incentives to Curb Shirking in Teams," Working Papers 2006, Groupe d'Analyse et de Théorie Economique Lyon St-Étienne (GATE Lyon St-Étienne), Université de Lyon.
- Brice Corgnet & Brian C. Gunia & Roberto Hernán González, 2020. "Harnessing the Power of Social Incentives to Curb Shirking in Teams," Working Papers 20-05, Chapman University, Economic Science Institute.
- Brice Corgnet & Brian Gunia & Roberto Hernán González, 2020. "Harnessing the Power of Social Incentives to Curb Shirking in Teams," Working Papers halshs-02483217, HAL.
- Adrian Bruhin & Ernst Fehr & Daniel Schunk, 2019.
"The many Faces of Human Sociality: Uncovering the Distribution and Stability of Social Preferences,"
Journal of the European Economic Association, European Economic Association, vol. 17(4), pages 1025-1069.
- Adrian Bruhin & Ernst Fehr & Daniel Schunk, 2016. "The Many Faces of Human Sociality: Uncovering the Distribution and Stability of Social Preferences," Working Papers 1603, Gutenberg School of Management and Economics, Johannes Gutenberg-Universität Mainz, revised 01 Feb 2016.
- Adrian Bruhin & Ernst Fehr & Daniel Schunk, 2018. "The Many Faces of Human Sociality: Uncovering the Distribution and Stability of Social Preferences," CESifo Working Paper Series 7240, CESifo.
- Adrian Bruhin & Ernst Fehr & Daniel Schunk, 2018. "The Many Faces of Human Sociality: Uncovering the Distribution and Stability of Social Preferences," Working Papers 2018-079, Human Capital and Economic Opportunity Working Group.
- Adrian Bruhin & Ernst Fehr & Daniel Schunk, 2016. "The Many Faces of Human Sociality:Uncovering the Distribution and Stability of Social Preferences," Cahiers de Recherches Economiques du Département d'économie 16.01, Université de Lausanne, Faculté des HEC, Département d’économie.
- Adrian Bruhin & Ernst Fehr & Daniel Schunk, 2016. "The Many Faces of Human Sociality: Uncovering the Distribution and Stability of Social Preferences," CESifo Working Paper Series 5744, CESifo.
- Bruhin, Adrian & Fehr, Ernst & Schunk, Daniel, 2018. "The Many Faces of Human Sociality: Uncovering the Distribution and Stability of Social Preferences," IZA Discussion Papers 11815, Institute of Labor Economics (IZA).
- Thieme, Lutz & Winkelhake, Olaf & Hartmann, Ulrich, 2014. "Fairness als universelle Norm? Empirische Evidenz ohne Manna [Fairness as a universal norm? Empiric evidence without manna]," Working Papers of the European Institute for Socioeconomics 12, European Institute for Socioeconomics (EIS), Saarbrücken.
- Ramalingam, Abhijit, 2009. ""Endogenous" Relative Concerns: The Impact of Workers' Characteristics on Status and Pro ts in the Firm," MPRA Paper 18759, University Library of Munich, Germany.
- Ramalingam, Abhijit, 2014. "On the value of relative comparisons in firms," Economics Letters, Elsevier, vol. 124(3), pages 446-448.
- Nyborg, Karine, 2018.
"Reciprocal climate negotiators,"
Journal of Environmental Economics and Management, Elsevier, vol. 92(C), pages 707-725.
- Nyborg, Karine, 2015. "Reciprocal Climate Negotiators," IZA Discussion Papers 8866, Institute of Labor Economics (IZA).
- Christian Thoeni & Simon Gaechter, 2011.
"Peer Effects and Social Preferences in Voluntary Cooperation,"
Discussion Papers
2011-09, The Centre for Decision Research and Experimental Economics, School of Economics, University of Nottingham.
- Christian Thöni & Simon Gaechter, 2014. "Peer Effects and Social Preferences in Voluntary Cooperation," CESifo Working Paper Series 4741, CESifo.
- Simon Gaechter & Christian Thoeni, 2014. "Peer effects and social preferences in voluntary cooperation," Discussion Papers 2014-03, The Centre for Decision Research and Experimental Economics, School of Economics, University of Nottingham.
- Thöni, Christian & Gächter, Simon, 2012. "Peer Effects and Social Preferences in Voluntary Cooperation," IZA Discussion Papers 6277, Institute of Labor Economics (IZA).
- Klaus M. Schmidt, 2011.
"Social Preferences and Competition,"
Journal of Money, Credit and Banking, Blackwell Publishing, vol. 43, pages 207-231, August.
- Schmidt, Klaus M., 2009. "Social Preferences and Competition," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 298, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
- Schmidt, Klaus M., 2010. "Social Preferences and Competition," Discussion Papers in Economics 11313, University of Munich, Department of Economics.
- Schmidt, Klaus M., 2011. "Social preferences and competition," Munich Reprints in Economics 19766, University of Munich, Department of Economics.
- Klaus M. Schmidt, 2009.
"The Role of Experiments for the Development of Economic Theories,"
Perspektiven der Wirtschaftspolitik, Verein für Socialpolitik, vol. 10(s1), pages 14-30, May.
- Schmidt, Klaus M., 2009. "The role of experiments for the development of economic theories," Munich Reprints in Economics 19767, University of Munich, Department of Economics.
- Schmidt, Klaus M., 2009. "The Role of Experiments for the Development of Economic Theories," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 252, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
- Hahn, Volker & Mühe, Felix, 2009. "Committees and reciprocity," Mathematical Social Sciences, Elsevier, vol. 57(1), pages 26-47, January.
- Lin, Chung-Cheng & Yang, C.C., 2010. "Reciprocity and downward wage rigidity," Journal of Macroeconomics, Elsevier, vol. 32(4), pages 1155-1168, December.
- Marie-Laure Cabon-Dhersin & Nathalie Etchart-Vincent, 2012.
"The puzzle of cooperation in a game of chicken: an experimental study,"
Theory and Decision, Springer, vol. 72(1), pages 65-87, January.
- Marie-Laure Cabon-Dhersin & Nathalie Etchart-Vincent, 2012. "The puzzle of cooperation in a game of chicken: An experimental study," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-00636089, HAL.
- Marie-Laure Cabon-Dhersin & Nathalie Etchart-Vincent, 2012. "The puzzle of cooperation in a game of chicken: An experimental study," Post-Print hal-00636089, HAL.
- Livio, Luca & De Chiara, Alessandro, 2019.
"Friends or foes? Optimal incentives for reciprocal agents,"
Journal of Economic Behavior & Organization, Elsevier, vol. 167(C), pages 245-278.
- Luca Livio, 2018. "Friends or Foes? Optimal Incentives for Reciprocal Agents," Working Papers ECARES 2018-03, ULB -- Universite Libre de Bruxelles.
- Dhami, Sanjit & al-Nowaihi, Ali, 2010. "Redistributive policies with heterogeneous social preferences of voters," European Economic Review, Elsevier, vol. 54(6), pages 743-759, August.
- Wilson, Bart J., 2008. "Language games of reciprocity," Journal of Economic Behavior & Organization, Elsevier, vol. 68(2), pages 365-377, November.
- Chung-cheng Lin & C.C. Yang, 2006. "Receiprocity and Downward Wage Rigidity," IEAS Working Paper : academic research 06-A015, Institute of Economics, Academia Sinica, Taipei, Taiwan.
- Christian Thoeni & Simon Gaechter, 2011.
"Peer Effects and Social Preferences in Voluntary Cooperation,"
Discussion Papers
2011-09, The Centre for Decision Research and Experimental Economics, School of Economics, University of Nottingham.
- Simon Gaechter & Christian Thoeni, 2014. "Peer effects and social preferences in voluntary cooperation," Discussion Papers 2014-03, The Centre for Decision Research and Experimental Economics, School of Economics, University of Nottingham.
- Thöni, Christian & Gächter, Simon, 2012. "Peer Effects and Social Preferences in Voluntary Cooperation," IZA Discussion Papers 6277, Institute of Labor Economics (IZA).
- Christian Thoeni & Simon Gaechter, 2011. "Peer Effects and Social Preferences in Voluntary Cooperation," Discussion Papers 2011-09, The Centre for Decision Research and Experimental Economics, School of Economics, University of Nottingham.
- Christian Thöni & Simon Gaechter, 2014. "Peer Effects and Social Preferences in Voluntary Cooperation," CESifo Working Paper Series 4741, CESifo.
- Grossmann, Volker, 2002. "Is it rational to internalize the personal norm that one should reciprocate?," Journal of Economic Psychology, Elsevier, vol. 23(1), pages 27-48, February.
More about this item
Keywords
authority; conscientiousness; incentives; markets; multi-tasking; ownership; theory of the firm; work ethic;All these keywords.
JEL classification:
- M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility
- M52 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - Compensation and Compensation Methods and Their Effects
- L14 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Transactional Relationships; Contracts and Reputation
- D86 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Economics of Contract Law
- D02 - Microeconomics - - General - - - Institutions: Design, Formation, Operations, and Impact
NEP fields
This paper has been announced in the following NEP Reports:- NEP-BEC-2008-05-17 (Business Economics)
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:iuk:wpaper:2008-04. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Rick Harbaugh (email available below). General contact details of provider: https://edirc.repec.org/data/dpiubus.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.