Monetary and Non-monetary Gift Exchange

  title={Monetary and Non-monetary Gift Exchange},
  author={Saim Mahmood and Asad Zaman},
  journal={The Pakistan Development Review},
We study the role of reciprocity in a labour market field experiment. Recently, many experiments have been conducted to test the extent to which cash and non-monetary gifts affect workers’ productivity through social exchange. Our experiment concluded that non-monetary gifts are more effective at invoking reciprocal behaviour. Despite a higher preference for money, a non-monetary incentive results in a significant increase in productivity as compared to an equivalent cash gift. Extending the… Expand

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