Non-Employment Benefits and the Evolution of Worker-Employer Cooperation: Experiments with Real and Computational Agents Pingle, Mark Tesfatsion, Leigh Tesfatsion, Leigh
dc.contributor.department Economics 2018-02-16T05:05:06.000 2020-06-30T02:04:11Z 2020-06-30T02:04:11Z 2015-04-16 2001-06-01
dc.description.abstract <p>Experiments with real and computational agents are used to examine the impact of changing the level of a non-employment payoff on the evolution of cooperation between workers and employers participating in a sequential employment game with incomplete contracts. Workers either direct work offers to preferred employers or choose unemployment. and receive the non-employment payoff. Subject to capacity limitations, employers either accept work offers from preferred workers or remain-vacant' and receive the non-employment payoff. Matched workers and. employers participate in an employment relationship modeled as a prisoner's dilemma game. • In both types of experiments, increases in the non-employment payoff result in higher unemployment and vacancy rates while at the same time encouraging higher rates of cooperation among the workers and . employers who do form matches. However, the behaviors exhibited by the computational agents are coordinated to a higher degree than the behaviors of .the human subjects.. This difference , raises. challenging questions for both human-subject and computational experimentalists.</p>
dc.identifier archive/
dc.identifier.articleid 1053
dc.identifier.contextkey 6994394
dc.identifier.s3bucket isulib-bepress-aws-west
dc.identifier.submissionpath econ_las_economicreports/1
dc.source.bitstream archive/|||Fri Jan 14 17:31:19 UTC 2022
dc.subject.disciplines Behavioral Economics
dc.subject.disciplines Business Administration, Management, and Operations
dc.subject.disciplines Income Distribution
dc.subject.disciplines Infrastructure
dc.subject.disciplines Other Public Affairs, Public Policy and Public Administration
dc.title Non-Employment Benefits and the Evolution of Worker-Employer Cooperation: Experiments with Real and Computational Agents
dc.type article
dc.type.genre report
dspace.entity.type Publication
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relation.isOrgUnitOfPublication 4c5aa914-a84a-4951-ab5f-3f60f4b65b3d
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