Fair Wages and Effort Provision: Combining Evidence from a Choice Experiment and a Field Experiment

Published Online:https://doi.org/10.1287/mnsc.2014.1970

References

  • Abbink K, Irlenbusch B, Renner E (2000) The moonlighting game: An experimental study on reciprocity and retribution. J. Econom. Behav. Organ. 42:265–277.CrossrefGoogle Scholar
  • Abeler J, Falk A, Goette L, Huffman D (2011) Reference points and effort provision. Amer. Econom. Rev. 101:470–492.CrossrefGoogle Scholar
  • Akerlof GA (1982) Labor contracts as partial gift exchange. Quart. J. Econom. 97:543–569.CrossrefGoogle Scholar
  • Akerlof GA (1984) Gift exchange and efficiency-wage theory—4 views. Amer. Econom. Rev. 74:79–83.Google Scholar
  • Akerlof GA, Yellen J (1990) The fair-wage effort hypothesis and unemployment. Quart. J. Econom. 105:255–283.CrossrefGoogle Scholar
  • Akerlof GA, Dickens WT, Perry GL, Gordon RJ, Mankiw NG (1996) The macroeconomics of low inflation. Brookings Papers Econom. Activity 1996:1–76.CrossrefGoogle Scholar
  • Al-Ubaydli O, List JA (2014) On the generalizability of experimental results in economics. Fréchette G, Schotter A, eds. The Methods of Modern Experimental Economics (Oxford University Press, Oxford, UK). Forthcoming.Google Scholar
  • Angrist JD, Pischke JS (2009) Mostly Harmless Econometrics: An Empiricist’s Companion (Princeton University Press, Princeton, NJ)CrossrefGoogle Scholar
  • Bandiera O, Barankay I, Rasul I (2005) Social preferences and the response to incentives: Evidence from personnel data. Quart. J. Econom. 120:917.Google Scholar
  • Bandiera O, Barankay I, Rasul I (2009) Social connections and incentives in the workplace: Evidence from personnel data. Econometrica 77(4):1047–94.CrossrefGoogle Scholar
  • Bandiera O, Barankay I, Rasul I (2010) Social incentives in the workplace. Rev. Econom. Stud. 77:417–58.CrossrefGoogle Scholar
  • Bellemare C, Shearer B (2009) Gift giving and worker productivity: Evidence from a firm-level experiment. Games Econom. Behav. 67:233–244.CrossrefGoogle Scholar
  • Bellemare C, Kroeger S, Van Soest A (2008) Measuring inequity aversion in a heterogeneous population using experimental decisions and subjective probabilities. Econometrica 76:815–839.CrossrefGoogle Scholar
  • Bellemare C, Kroger S, van Soest A (2011) Preferences, intentions, and expectation violations: A large-scale experiment with a representative subject pool. J. Econom. Behav. Organ. 78:349–365.CrossrefGoogle Scholar
  • Brandts J, Charness G (2004) Do labour market conditions affect gift exchange? Some experimental evidence. Econom. J. 114:684–708.Google Scholar
  • Brandts J, Charness G (2011) The strategy versus the direct-response method: A first survey of experimental comparisons. Experiment. Econom. 14:375–398.CrossrefGoogle Scholar
  • Cabrales A, Calvó-Armengol A, Pavoni N (2008) Social preferences, skill segregation, and wage dynamics. Rev. Econom. Stud. 75:65–98.CrossrefGoogle Scholar
  • Camerer CF (2014) The promise and success of lab-field generalizability in experimental economics: A reply to Levitt and List. Fréchette G, Schotter A, eds. The Methods of Modern Experimental Economics (Oxford Univeristy Press, Oxford, UK). Forthcoming.Google Scholar
  • Charness G (2000) Responsibility and effort in an experimental labor market. J. Econom. Behav. Organ. 42:375–384.CrossrefGoogle Scholar
  • Charness G (2004) Attribution and reciprocity in an experimental labor market. J. Labor Econom. 22:665–688.CrossrefGoogle Scholar
  • Charness G, Levine DI (2007) Intention and stochastic outcomes: An experimental study. Econom. J. 117:1051–1072.Google Scholar
  • Charness G, Rabin M (2002) Understanding social preferences with simple tests. Quart. J. Econom. 117:817–869.CrossrefGoogle Scholar
  • Charness G, Frechette GR, Kagel JH (2004) How robust is laboratory gift exchange? Experiment. Econom. 7:189–205.CrossrefGoogle Scholar
  • Charness G, Gneezy U, Kuhn MA (2012) Experimental methods: Between-subject and within-subject design. J. Econom. Behav. Organ. 81:1–8.CrossrefGoogle Scholar
  • Cohn A, Fehr E, Herrmann B, Schneider F (2014) Social comparison and effort provision: Evidence from a field experiment. J. Eur. Econom. Assoc. 12:877–898.CrossrefGoogle Scholar
  • Conley TG (2008) Spatial econometrics. Durlauf SN, Blume LE, eds. The New Palgrave Dictionary of Economics (Palgrave Macmillian, London).CrossrefGoogle Scholar
  • Cooper D, Kagel JH (2014) Other regarding preferences: A selective survey of experimental results. Kagel JH, Roth AE, eds. Handbook of Experimental Economics, Vol. 2 (Princeton University Press, Princeton, NJ). Forthcoming.Google Scholar
  • Dohmen T, Falk A, Huffman D, Sunde U (2009) Homo reciprocans: Survey evidence on behavioural outcomes. Econom. J. 119:592–612.Google Scholar
  • Falk A (2007) Gift exchange in the field. Econometrica 75:1501–1511.CrossrefGoogle Scholar
  • Falk A, Fischbacher U (2006) A theory of reciprocity. Games Econom. Behav. 54:293–315.CrossrefGoogle Scholar
  • Falk A, Fehr E, Fischbacher U (2003) On the nature of fair behavior. Econom. Inquiry 41:20–26.CrossrefGoogle Scholar
  • Falk A, Fehr E, Zehnder C (2006) Fairness perceptions and reservation wages—The behavioral effects of minimum wage laws. Quart. J. Econom. 121:1347–1381.Google Scholar
  • Fehr E, Goette L (2005) Robustness and real consequences of nominal wage rigidity. J. Monetary Econom. 52:779–804.CrossrefGoogle Scholar
  • Fehr E, Goette L (2007) Do workers work more if wages are high? Evidence from a randomized field experiment. Amer. Econom. Rev. 97:298–317.CrossrefGoogle Scholar
  • Fehr E, Schmidt KM (1999) A theory of fairness, competition, and cooperation. Quart. J. Econom. 114:817–868.CrossrefGoogle Scholar
  • Fehr E, Kirchsteiger G, Riedl A (1993) Does fairness prevent market clearing? An experimental investigation. Quart. J. Econom. 108:437–460.CrossrefGoogle Scholar
  • Gneezy U, List J (2006) Putting behavioral economics to work: Field evidence of gift exchange. Econometrica 74:1365–1384.CrossrefGoogle Scholar
  • Greenberg J (1990) Employee theft as a reaction to underpayment inequity: The hidden cost of pay cuts. J. Appl. Psych. 75:561.CrossrefGoogle Scholar
  • Hannan RL, Kagel JH, Moser DV (2002) Partial gift exchange in an experimental labor market: Impact of subject population differences, productivity differences, and effort requests on beha. J. Labor Econom. 20:923–951.CrossrefGoogle Scholar
  • Harrison GW, List JA (2004) Field experiments. J. Econom. Literature 42:1009–1055.CrossrefGoogle Scholar
  • Hennig-Schmidt H, Sadrieh A, Rockenbach B (2010) In search of workers' real effort reciprocity—A field and a laboratory experiment. J. Eur. Econom. Assoc. 8:817–837.Google Scholar
  • Hicks JR (1932) The Theory of Wages (Macmillan, London).Google Scholar
  • Hossain T, List JA (2012) The behavioralist visits the factory: Increasing productivity using simple framing manipulations. Management Sci. 58:2151–2167.LinkGoogle Scholar
  • Hsiang SM (2010) Temperatures and cyclones strongly associated with economic production in the Caribbean and Central America. Proc. Natl. Acad. Sci. USA 107:15367–15372.CrossrefGoogle Scholar
  • Kreps DM, Milgrom P, Roberts J, Wilson R (1982) Rational cooperation in the finitely repeated prisoners' dilemma. J. Econom. Theory 27:245–252.CrossrefGoogle Scholar
  • Kube S, Maréchal MA, Puppe C (2012) The currency of reciprocity-gift-exchange in the workplace. Amer. Econom. Rev. 102:1144–62.Google Scholar
  • Kube S, Maréchal MA, Puppe C (2013) Do wage cuts damage work morale? Evidence from a natural field experiment. J. Eur. Econom. Assoc. 11:853–870.CrossrefGoogle Scholar
  • Levitt S, List JA (2007) What do laboratory experiments measuring social preferences reveal about the real world? J. Econom. Perspect. 21:153–174.CrossrefGoogle Scholar
  • List JA (2006) The behavioralist meets the market: Measuring social preferences and reputation effects in actual transactions. J. Political Econom. 114:1–37.CrossrefGoogle Scholar
  • MacLeod W, Malcomson J (1989) Implicit contracts, incentive compatibility, and involuntary unemployment. Econometrica 57:447–480.CrossrefGoogle Scholar
  • MacLeod WB, Malcomson JM (1998) Motivation and markets. Amer. Econom. Rev. 88:388–411.Google Scholar
  • Marshall A (1890) Principles of Economics (Macmillan, London).Google Scholar
  • Mas A, Moretti E (2009) Peers at work. Amer. Econom. Rev. 99:112–145.CrossrefGoogle Scholar
  • Ockenfels A, Sliwka D, Werner P (2015) Bonus payments and reference point violations. Management Sci. 61:1496–1513.LinkGoogle Scholar
  • PayScale (2014) Temporary office assistant/clerical salary (United States). Accessed September 14, 2014, http://www.payscale.com/research/US/Job=Temporary_Office_Assistant_%2F_Clerical/Hourly_Rate.Google Scholar
  • Rabin M (1993) Incorporating fairness into game theory and economics. Amer. Econom. Rev. 83:1281–1302.Google Scholar
  • Shapiro C, Stiglitz JE (1984) Equilibrium unemployment as a worker discipline device. Amer. Econom. Rev. 74:433–444.Google Scholar
  • Slichter SH (1929) The current labor policies of American industries. Quart. J. Econom. 43:393.CrossrefGoogle Scholar
  • Stoop J, Noussair CN, Van Soest D (2012) From the lab to the field: Cooperation among fishermen. J. Political Econom. 120:1027–1056.CrossrefGoogle Scholar
INFORMS site uses cookies to store information on your computer. Some are essential to make our site work; Others help us improve the user experience. By using this site, you consent to the placement of these cookies. Please read our Privacy Statement to learn more.