Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/44351 
Year of Publication: 
2010
Series/Report no.: 
Economics Working Paper No. 2010-11
Publisher: 
Kiel University, Department of Economics, Kiel
Abstract: 
This study extends a bilateral gift exchange experiment by Clark et al. (2010) who investigate how feedback of information about wages paid in the market affects both employers' wage setting and workers' performance. We provide either quantitative or qualitative information on the average wage paid in all worker-employer-relationships, and we also study repeated relationships (fixedmatching). We find that information on the average wage reduces (increases) both wage offers and effort levels in one-shot (repeated) relationships.
Subjects: 
gift-exchange
reciprocity
wage difference
economic experiment
JEL: 
C91
D03
D63
J41
Document Type: 
Working Paper

Files in This Item:
File
Size
557.93 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.