A theoretical note on asymmetries in intensity and persistence of reciprocity in labour markets

Marco Fongoni

No 1815, Working Papers from University of Strathclyde Business School, Department of Economics

Abstract: This paper presents a model that can account for, and explain, two well documented empirical asymmetries characterising a worker's reciprocity: negative reciprocity is both stronger, and more persistent, than positive reciprocity. The stronger intensity of negative reciprocity is driven by the worker being loss averse; the longer persistence is driven by the slower adaptation of the worker to wage changes that are perceived as unfair

Keywords: reciprocity; loss aversion; adaptation; asymmetries (search for similar items in EconPapers)
JEL-codes: D91 J30 J41 (search for similar items in EconPapers)
Pages: 9 pages
Date: 2018-05
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Published

Downloads: (external link)
https://www.strath.ac.uk/media/1newwebsite/departm ... sionpapers/18-15.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:str:wpaper:1815

Access Statistics for this paper

More papers in Working Papers from University of Strathclyde Business School, Department of Economics Contact information at EDIRC.
Bibliographic data for series maintained by Kirsty Hall ().