The DOI matches its Crossref record; 38 of the 38 references it cites were found in a registry or an index.
Putting Behavioral Economics to Work: Testing for Gift Exchange in Labor Markets Using Field Experiments
Open accessAbstract
Recent discoveries in behavioral economics have led scholars to question the underpinnings of neoclassical economics. We use insights gained from one of the most influential lines of behavioral research—gift exchange—in an attempt to maximize worker effort in two quite distinct tasks: data entry for a university library and door-to-door fundraising for a research center. In support of the received literature, our field evidence suggests that worker effort in the first few hours on the job is considerably higher in the “gift” treatment than in the “nongift” treatment. After the initial few hours, however, no difference in outcomes is observed, and overall the gift treatment yielded inferior aggregate outcomes for the employer: with the same budget we would have logged more data for our library and raised more money for our research center by using the market-clearing wage rather than by trying to induce greater effort with a gift of higher wages.
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Cites
Well-being : the foundations of hedonic psychology
Kahneman, D. J., Diener, E. F., & Schwarz, N. (1999) · Cited by 7,466
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
Towards an understanding of inequity
Adams, J. S. (1963) · The Journal of Abnormal and Social Psychology · doi:10.1037/h0040968 · Cited by 5,146
An experimental analysis of ultimatum bargaining
Güth, W., Schmittberger, R., & Schwarze, B. (1982) · Journal of Economic Behavior & Organization · doi:10.1016/0167-2681(82)90011-7 · Cited by 4,816
Moffitt, R. A. (2009) · American Economic Review · doi:10.1257/aer.99.2.660 · Cited by 4,694
Fairness and retaliation: the economics of reciprocity
Fehr, E., & Gächter, S. (2000) · Journal of Economic Perspectives · doi:10.1257/jep.14.3.159 · Cited by 3,239
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
The Fair Wage-Effort Hypothesis and Unemployment
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Self-citation
Cited by
What Do Laboratory Experiments Measuring Social Preferences Reveal About the Real World?
Levitt, S. D., & List, J. A. (2007) · Journal of Economic Perspectives · doi:10.1257/jep.21.2.153 · Cited by 2,668
Self-citationPsychology and Economics: Evidence from the Field
DellaVigna, S. (2009) · Journal of Economic Literature · doi:10.1257/jel.47.2.315 · Cited by 2,365
Bekkers, R., & Wiepking, P. (2011) · Nonprofit and Voluntary Sector Quarterly · doi:10.1177/0899764010380927 · Cited by 1,503
Allcott, H., & Rogers, T. (2014) · American Economic Review · doi:10.1257/aer.104.10.3003 · Cited by 1,340
Get Real! Individuals Prefer More Sustainable Investments
Bauer, R., Ruof, T., & Smeets, P. (2021) · The Review of Financial Studies · doi:10.1093/rfs/hhab037 · Cited by 552
Metadata
- Authors
- Gneezy, U., & List, J. A.
- Venue
- Econometrica
- Publisher
- The Econometric Society
- Published
- 2006-09
- Volume
- 74
- Issue
- 5
- Pages
- 1365-1384
- ISSN
- 0012-9682 (ISSN-L)
- 1468-0262
- OpenAlex
- W2159839307
- Cited by
- 699
- References
- 38
- FWCI
- 58.47
- Type
- journal article
- Language
- en
- Open access
- bronze
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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.