The DOI matches its Crossref record; 26 of the 26 references it cites were found in a registry or an index.
When Social Norms Overpower Competition: Gift Exchange in Experimental Labor Markets
Abstract
Do competitive markets remove the effect of social norms on market outcomes? Or are norms capable of exerting a persistent influence? In this article we report the results of a series of competitive market and bilateral bargaining experiments. They indicate that the norm of reciprocity gives rise to wages that are persistently above the competitive level. Moreover, wages under bilateral bargaining conditions coincide with wages in competitive markets, indicating that competition has a limited effect when the norm of reciprocity is operative. In addition, the results show that workers' reciprocal behavior increases effort and, hence, the efficiency of trades.
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Citations
Cites
A Theory of Fairness, Competition, and Cooperation
Fehr, E., & Schmidt, K. M. (1999) · The Quarterly Journal of Economics · doi:10.1162/003355399556151 · Cited by 11,264
Self-citationLoss aversion in riskless choice: A reference-dependent model.
Tversky, A., & Kahneman, D. (1991) · The Quarterly Journal of Economics · doi:10.2307/2937956 · Cited by 6,432
Trust, Reciprocity, and Social History
Berg, J., Dickhaut, J., & McCabe, K. (1995) · Games and Economic Behavior · doi:10.1006/game.1995.1027 · Cited by 5,548
Incorporating Fairness into Game Theory and Economics
RABIN, M. (2011) · Advances in Behavioral Economics · doi:10.2307/j.ctvcm4j8j.15 · Cited by 4,705
Economics, Organization and Management.
Bhattacharya, S., Milgrom, P., & Roberts, J. (1993) · The Journal of Finance · doi:10.2307/2328903 · Cited by 4,644
Labor Contracts as Partial Gift Exchange
Akerlof, G. A. (1982) · The Quarterly Journal of Economics · doi:10.2307/1885099 · Cited by 3,210
Fairness as a Constraint on Profit Seeking: Entitlements in the Market
Kahneman, D., Knetsch, J. L., & Thaler, R. H. (2000) · Choices, Values, and Frames · doi:10.1017/cbo9780511803475.019 · Cited by 3,158
Fairness in Simple Bargaining Experiments
Forsythe, R., Horowitz, J. L., Savin, N. E., & Sefton, M. (1994) · Games and Economic Behavior · doi:10.1006/game.1994.1021 · Cited by 2,366
The Fair Wage-Effort Hypothesis and Unemployment
Akerlof, G. A., & Yellen, J. L. (1990) · The Quarterly Journal of Economics · doi:10.2307/2937787 · Cited by 2,163
Does Fairness Prevent Market Clearing? An Experimental Investigation
Fehr, E., Kirchsteiger, G., & Riedl, A. (1993) · The Quarterly Journal of Economics · doi:10.2307/2118338 · Cited by 1,506
Self-citation
Cited by
Inequality at Work: The Effect of Peer Salaries on Job Satisfaction
Card, D., Mas, A., Moretti, E., & Saez, E. (2012) · American Economic Review · doi:10.1257/aer.102.6.2981 · Cited by 1,045
Moore, D. A., Tetlock, P. E., Tanlu, L., & Bazerman, M. H. (2006) · Academy of Management Review · doi:10.5465/amr.2006.19379621 · Cited by 631
Reciprocity and economics: The economic implications of Homo Reciprocans
Fehr, E., & Gächter, S. (1998) · European Economic Review · doi:10.1016/s0014-2921(97)00131-1 · Cited by 554
Self-citationReligious Identity and Economic Behavior
Benjamin, D. J., Choi, J. J., & Fisher, G. (2016) · Review of Economics and Statistics · doi:10.1162/rest_a_00586 · Cited by 355
Social status and group norms: Indirect reciprocity in a repeated helping experiment
Seinen, I., & Schram, A. (2006) · European Economic Review · doi:10.1016/j.euroecorev.2004.10.005 · Cited by 350
Metadata
- Authors
- Fehr, E., Kirchler, E., Weichbold, A., & Gächter, S.
- Venue
- Journal of Labor Economics
- Publisher
- University of Chicago Press
- Published
- 1998-04
- Volume
- 16
- Issue
- 2
- Pages
- 324-351
- ISSN
- 0734-306X (ISSN-L)
- 1537-5307
- OpenAlex
- W1997743066
- Cited by
- 437
- References
- 26
- FWCI
- 27.34
- Type
- journal article
- Language
- en
- Open access
- closed
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- Fehr, E., Kirchler, E., Weichbold, A., & Gächter, S. (1998). When Social Norms Overpower Competition: Gift Exchange in Experimental Labor Markets. Journal of Labor Economics. https://doi.org/10.1086/209891
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Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
