ERC A THEORY OF EQUITY RECIPROCITY AND COMPETITION PDF

Abstract Bolton Most business and economic theories assume self-interested material gain is the sole driver of behavior. Are there other important motives? When we look around, the right answer is hard to judge: People compete fiercely for profits in the marketplace. But they also demand fairness in their workplace.

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If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. Download full text from publisher File URL: If you know of missing equiyt citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item.

Axel Reciprocith Gary E. A Theory of Equity, Reciprocity, and Competition. More about this item JEL conpetition You can help correct errors and omissions. See equith information about how to correct material in RePEc. We demonstrate that a simple model, constructed on the premise that people are motivated by both their pecuniary payoff and their relative payoff standing, organizes a large and seemingly disparate set of laboratory observations as one consistent pattern.

Van Huyck John B. Quantification and Simulation of Economic Processes. Corrections All material on this site has been provided by the respective publishers and authors.

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ERC: A theory of equity, reciprocity, and competition

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. Download full text from publisher File URL: If you know of missing equiyt citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. Axel Reciprocith Gary E. A Theory of Equity, Reciprocity, and Competition. More about this item JEL conpetition You can help correct errors and omissions. See equith information about how to correct material in RePEc. We demonstrate that a simple model, constructed on the premise that people are motivated by both their pecuniary payoff and their relative payoff standing, organizes a large and seemingly disparate set of laboratory observations as one consistent pattern.

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ERC A THEORY OF EQUITY RECIPROCITY AND COMPETITION PDF

You can help correct errors and omissions. Corrections All material on this site has been provided by the respective publishers and authors. For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Van Huyck John B. It also allows you to accept potential citations to this item that we are uncertain about. Cameron, Lisa A, If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. RePEc uses bibliographic data supplied by the respective competitjon. Access to full text is restricted to AEA members and institutional subscribers.

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ERC: A Theory of Equity, Reciprocity, and Competition

You can help correct errors and omissions. See general information about how to correct material in RePEc. For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Michael P. If you have authored this item and are not yet registered with RePEc, we encourage you to do it here.

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