Resource title

Transparency and Reciprocal Behavior in Employment Relations

Resource image

image for OpenScout resource :: Transparency and Reciprocal Behavior in Employment Relations

Resource description

The impact of transparency on the extent of reciprocal behavior is investigated in a simple repeated gift exchange experiment, where principals set wages and agents respond by choosing effort levels. In addition to the efforts the principals? payoffs are determined by a random component. It is shown that direct reciprocal behavior is much stronger in a more transparent situation where efforts are revealed to the principals. However, there is no significant impact of transparency on average effort as non-transparency leads to a stronger diversity in behavioral patterns such that at the same time the frequency of very low and very large effort levels increases.

Resource author

Bernd Irlenbusch, Dirk Sliwka

Resource publisher

Resource publish date

Resource language

eng

Resource content type

text/html

Resource resource URL

http://hdl.handle.net/10419/20126

Resource license

Adapt according to the presented license agreement and reference the original author.