Gift Exchange in a Multi-Worker Firm

  title={Gift Exchange in a Multi-Worker Firm},
  author={S. Maximiano and R. Sloof and J. Sonnemans},
  journal={Wiley-Blackwell: Economic Journal},
  • S. Maximiano, R. Sloof, J. Sonnemans
  • Published 2007
  • Economics
  • Wiley-Blackwell: Economic Journal
  • One of the main findings of a large body of gift exchange experiments is that a considerable fraction of workers reward higher wages with higher effort. These results are observed for simple one-employer-one-worker relationships. In this article we investigate whether they generalise to the more realistic situation in which the employer employs several workers. We compare a bilateral gift exchange game with a treatment in which each employer has four workers. We find that effort levels in the… CONTINUE READING
    Gift Exchange and Workers' Fairness Concerns: When Equality is Unfair
    • 124
    • PDF
    Gift exchange and the separation of ownership and control
    • 18
    • PDF
    The Impact of Social Comparisons on Reciprocity
    • 81
    • Highly Influenced
    • PDF


    Publications referenced by this paper.
    Labor Contracts as Partial Gift Exchange
    • 2,904
    A Theory of Fairness, Competition and Cooperation
    • 9,069
    • Highly Influential
    • PDF
    Fairness and Retaliation: The Economics of Reciprocity
    • 2,846
    • Highly Influential
    • PDF
    Wage Rigidity in a Competitive Incomplete Contract Market
    • 521
    Does Fairness Prevent Market Clearing? An Experimental Investigation
    • 1,451
    • Highly Influential
    Attribution and Reciprocity in an Experimental Labor Market
    • 442
    • Highly Influential
    • PDF
    Compensation and Incentives: Practice vs. Theory
    • 1,599
    • PDF