When will there be Gift Exchange? Addressing the Lab-Field Debate with Laboratory Gift Exchange Experiments
No 4161, CESifo Working Paper Series from CESifo Group Munich
Gift exchange experiments have demonstrated that norms can affect labor market outcomes and provided an explanation for involuntary unemployment. However, conflicting results from laboratory and field experiments have questioned the relevance of gift exchange and helped spark an ongoing debate about the relative merits of the lab and field. This paper uses laboratory experiments to identify three parameters that affect the likelihood workers engage in gift exchange, helping to reconcile results across lab and field experiments. Gift exchange is more prevalent when workers are rich relative to the firm, worker effort is efficient, or workers have a restricted action space.
Keywords: experimental economics; laboratory experiments; gift exchange; reciprocity (search for similar items in EconPapers)
JEL-codes: C90 D21 J30 (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations View citations in EconPapers (2) Track citations by RSS feed
Downloads: (external link)
http://www.cesifo-group.de/portal/page/portal/DocB ... 3/cesifo1_wp4161.pdf (application/pdf)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: http://EconPapers.repec.org/RePEc:ces:ceswps:_4161
Access Statistics for this paper
More papers in CESifo Working Paper Series from CESifo Group Munich
Address: Poschingerstrasse 5, 81679 Munich
Contact information at EDIRC.
Series data maintained by Julio Saavedra ().