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Author:Gächter, S.
Falk, A.
Title:Reputation and reciprocity: consequences for the labour relation
Journal:Scandinavian Journal of Economics
2002 : MAR, VOL. 104:1, p. 1-26
Index terms:Business games
Contracts
Labour economics
Industrial relations
Language:eng
Abstract:The authors investigate interaction effects of reciprocity and repeated game incentives in two treatments of a a gift-exchange game. In both treatments the authors observe reciprocity, which is srtengthened in the repeated game. They conclude that long-term interaction is a "reciprocity-compatible contract enforcement device.
SCIMA record nr: 234353
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