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Armin Falk

    Markt und Moral
    Warum es so schwer ist, ein guter Mensch zu sein
    Reciprocity and wage formation
    • 1999

      Discusses the impact of reciprocity on wage determination. Explores the fair wage-effort relationship by means of the gift-exchange game and double-auction experiments. Concludes by presenting a theoretical model of reciprocity

      Reciprocity and wage formation