Excerpt
Contents
1 Introduction
1.1 The Partial Gift Exchange Model
1.2 The Neoclassical Model of the Labor Market
2 Social Preferences
2.1 Sources of Social Preferences
3 A Gift-Exchange Experiment
3.1 “Does Fairness prevent Market Clearing? An Experimental Investigation” by Fehr et al. (1993)
3.2 Experimental Design
3.3 Experimental Predictions and Results
4 An amended Version of the latter Gift-Exchange Experiment
4.1 “Do incentive contracts undermine voluntary cooperation?” by Fehr et al. (2002)
4.2 Experimental Design
4.3 Experimental Predictions and Results
5 Conclusion
5.1 Literature
5.2 Positive Analysis and Personal View
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- Kathrin Tiecke (Author), 2010, Why Labor is not to put to work like Capital, Munich, GRIN Verlag, https://www.grin.com/document/162487
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