Why Labor is not to put to work like Capital


Seminar Paper, 2010

25 Pages, Grade: 1,3


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

Excerpt out of 25 pages

Details

Title
Why Labor is not to put to work like Capital
College
Humboldt-University of Berlin  (Wirtschaftstheorie II (Mikro))
Course
Experimental Economics
Grade
1,3
Author
Year
2010
Pages
25
Catalog Number
V162487
ISBN (eBook)
9783640781676
ISBN (Book)
9783640781911
File size
525 KB
Language
English
Keywords
Labor, Capital
Quote paper
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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