Using Behavioral Economic Experiments at a Large Motor Carrier: The Context and Design of the Truckers and Turnover Project
The Truckers and Turnover Project is a statistical case study of a single firm and its employees which matches proprietary personnel and operational data to new data collected by the researchers to create a two-year panel study of a large subset of new hires. The project’s most distinctive innovation is the data collection process which combines traditional survey instruments with behavioral economics experiments. The survey data include information on demographics, risk and loss aversion, time preference, planning, non-verbal IQ, and the MPQ personality profile. The data collected by behavioral economics experiments include risk and loss aversion, time preferences (discount rates), backward induction, patience, and the preference for cooperation in a social dilemma setting. Subjects will be followed over two years of their work lives. Among the major design goals are to discover the extent to which the survey and experimental measures are correlated, and whether and how much predictive power, with respect to key on-the-job outcome variables, is added by the behavioral measures. The panel study of new hires is being carried out against the backdrop of a second research component, the development of a more conventional in-depth statistical case study of the cooperating firm and its employees. This is a high-turnover service industry setting, and the focus is on the use of survival analysis to model the flow of new employees into and out of employment, and on the correct estimation of the tenure-productivity curve for new hires, accounting for the selection effects of the high turnover.
|Date of creation:||May 2007|
|Date of revision:|
|Publication status:||published in: Stefan Bender, Julia Lane, Kathryn Shaw, Fredrik Andersson, and Till Von Wachter (eds.), The Analysis of Firms and Employees: Quantitative and Qualitative Approaches , NBER and University of Chicago Press, 2008, 45-106|
|Contact details of provider:|| Postal: |
Phone: +49 228 3894 223
Fax: +49 228 3894 180
Web page: http://www.iza.org
|Order Information:|| Postal: IZA, Margard Ody, P.O. Box 7240, D-53072 Bonn, Germany|
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- William T. Dickens & Kevin Lang, 1992. "Labor Market Segmentation Theory: Reconsidering the Evidence," NBER Working Papers 4087, National Bureau of Economic Research, Inc.
- Michael H. Belzer, 1995. "Collective bargaining after deregulation: Do the Teamsters still count?," Industrial and Labor Relations Review, ILR Review, Cornell University, ILR School, vol. 48(4), pages 636-655, July.
- L. Randall Wray & Stephanie Bell, 2004. "Introduction," Chapters, in: Credit and State Theories of Money, chapter 1 Edward Elgar.
- Boyer, Kenneth D. & Burks, Stephen V., 2007. "Stuck in the Slow Lane: Traffic Composition and the Measurement of Labor Productivity in the U.S. Trucking Industry," IZA Discussion Papers 2576, Institute for the Study of Labor (IZA).
- Oriana Bandiera & Iwan Barankay & Imran Rasul, 2005.
"Social Preferences and the Response to Incentives: Evidence from Personnel Data,"
The Quarterly Journal of Economics,
MIT Press, vol. 120(3), pages 917-962, August.
- Imran Rasul & Iwan Barankay & Orana Bandiera, 2005. "Social preferences and the response to incentives: Evidence from personnel data," Natural Field Experiments 00212, The Field Experiments Website.
- Bandiera, Oriana & Barankay, Iwan & Rasul, Imran, 2005.
"The Evolution of Cooperative Norms: Evidence from a Natural Field Experiment,"
CEPR Discussion Papers
5358, C.E.P.R. Discussion Papers.
- Bandiera Oriana & Barankay Iwan & Rasul Imran, 2006. "The Evolution of Cooperative Norms: Evidence from a Natural Field Experiment," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 5(2), pages 1-28, March.
- Imran Rasul & Iwan Barankay & Orana Bandiera, 2006. "The evolution of cooperative norms: Evidence from a natural field experiment," Natural Field Experiments 00210, The Field Experiments Website.
- Cain, Glen G, 1976. "The Challenge of Segmented Labor Market Theories to Orthodox Theory: A Survey," Journal of Economic Literature, American Economic Association, vol. 14(4), pages 1215-57, December.
- Colin F. Camerer & Ernst Fehr, .
"Measuring Social Norms and Preferences using Experimental Games: A Guide for Social Scientists,"
IEW - Working Papers
097, Institute for Empirical Research in Economics - University of Zurich.
- Colin Camerer & Ernst Fehr, 2003. "Measuring social norms and preferences using experimental games: A guide for social scientists," Levine's Working Paper Archive 506439000000000501, David K. Levine.
- David Reiley & John List, 2008.
Artefactual Field Experiments
00091, The Field Experiments Website.
- Kiefer, Nicholas M, 1988. "Economic Duration Data and Hazard Functions," Journal of Economic Literature, American Economic Association, vol. 26(2), pages 646-79, June.
- Dale L. Belman & Kristen A. Monaco, 2001. "The Effects of deregulation, de-unionization, technology, and human capital on the work and work lives of truck drivers," Industrial and Labor Relations Review, ILR Review, Cornell University, ILR School, vol. 54(2), pages 502-524, March.
- Urs Fischbacher, 2007. "z-Tree: Zurich toolbox for ready-made economic experiments," Experimental Economics, Springer, vol. 10(2), pages 171-178, June.
When requesting a correction, please mention this item's handle: RePEc:iza:izadps:dp2789. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Mark Fallak)
If references are entirely missing, you can add them using this form.