行動経済学
Online ISSN : 2185-3568
ISSN-L : 2185-3568
第9回大会プロシーディングス
Negative Effects of Wage Claims on Labor Relations: An Experimental Study on a Gift Exchange Game
Tetsuo YamamoriKazuyuki Iwata
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ジャーナル フリー

2015 年 8 巻 p. 90-93

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We examine how wage claims influence the principal–agent relationship between firms and workers with hidden action by using laboratory experiments on a gift exchange game in which workers make payoff-irrelevant requests concerning their wage before the firm makes a wage offer. We compare the experimental results of this game with those of a gift exchange game without wage claims and find that wage claims reduce reciprocity regardless of the wage levels offered by the firm, resulting in shrinking the economic surplus in their labor contracts.
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© 2015 Association of Behavioral Economics and Finance
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