Cooperation and Competition in Intergenerational Experiments in the Field and the Laboratory

There is economic pressure to postpone the retirement age, but employers are still reluctant to employ older workers. We investigate the comparative behavior of juniors and seniors in experiments conducted both onsite with the employees of two large firms and in a conventional laboratory environment...

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Vydáno v:	The American economic review Ročník 99; číslo 3; s. 956 - 978
Hlavní autoři:	Charness, Gary, Villeval, Marie-Claire
Médium:	Journal Article
Jazyk:	angličtina
Vydáno:	Nashville American Economic Association 01.06.2009
Témata:	Age Age discrimination Aging Behavior Business structures Comparative analysis Competition Cooperation Economic competition Economic theory Employers Employment Experimental economics Experiments Female employees Job search Labor force Laboratories Multiculturalism & pluralism Occupations Older adults Older people Older workers Public goods Retirees Retirement Risk Risk aversion Social interaction Standard deviation Studies Teams Workers Workplaces Younger workers
ISSN:	0002-8282, 1944-7981
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Shrnutí:	There is economic pressure to postpone the retirement age, but employers are still reluctant to employ older workers. We investigate the comparative behavior of juniors and seniors in experiments conducted both onsite with the employees of two large firms and in a conventional laboratory environment with students and retirees. We show that seniors are no more risk averse than juniors and are typically more cooperative; both juniors and working seniors respond strongly to competition. The implication is that it may be beneficial to define additional incentives near the end of the career to motivate and retain older workers.
Bibliografie:	SourceType-Scholarly Journals-1 ObjectType-Feature-1 content type line 14 ObjectType-Article-2 content type line 23
ISSN:	0002-8282 1944-7981
DOI:	10.1257/aer.99.3.956