Other regarding preferences in hierarchies: a theoretical study oncollusive behavior and optimal contracts

Download

index.pdf

Date

2016

Author

Saygılı, Kemal

Metadata

Show full item record

Item Usage Stats

136
views

56
downloads

This thesis aims at obtaining new theoretical insights into behavior of organizational hierarchies by combining standard principal-supervisor-agent framework with theories of social preferences. Extending Tirole’s (1986) model of hierarchy with the inclusion of Fehr and Schmidt’s (1999) distributional other-regarding preferences approach, the links between inequity aversion, collusive behavior throughout the levels of a hierarchy and the changes in optimal contracts are studied. It turns out that other-regarding preferences do change the collusive behaviour between the parties. Moreover, the optimal contract parameters depend on the nature of both the agents’ and the supervisor’s other-regarding preferences.

Subject Keywords

Psychology, Industrial., Organizational behavior., Personnel management., Supervision of employees,

URI

http://etd.lib.metu.edu.tr/upload/12620381/index.pdf
https://hdl.handle.net/11511/26101

Collections

Graduate School of Social Sciences, Thesis

Suggestions

OpenMETU
Core

Other-regarding preferences in organizational hierarchies Saygili, Kemal; Küçükşenel, Serkan (Springer Science and Business Media LLC, 2019-04-01) In this paper, we provide new theoretical insights about the role of collusion in organizational hierarchies by combining the standard principal-supervisor-agent framework with a theory of social preferences. Extending Tirole's (J Law Econ Organ 2(2):181-214, 1986) model of hierarchy with the inclusion of Fehr and Schmidt (Q J Econ 114(3):817-868, 1999) type of other-regarding preferences, the links between inequity aversion, collusive behavior and changes in optimal contracts are studied. It turns out that...
The Relationships Between Motivations of Intergroup Differentiation as a Function of Different Dimensions of Social Identity Tasdemir, Nagihan (SAGE Publications, 2011-06-01) This article aims to classify social identity-based theories of intergroup differentiation in terms of different dimensions of social identity to understand further the motivational bases of intergroup differentiation. For this purpose, I attempt to incorporate three lines of research in social psychology: (a) theories examining intergroup differentiation as a function of social identity, namely social identity theory and SCT; (b) studies suggesting social identity as a multidimensional construct; and (c) m...
Wisdom in relation to ecopsychological self Şahin, Rukiye; Baloğlu, Mustafa; Erdem, Ahmet; Erdem, Şefika (Springer Science and Business Media LLC, 2020-01-01) Theoretical and empirical studies on wisdom continue to interest researchers in various fields. Studies have long pointed out the empirical operationalization of the construct, which has been speculated on since ancient Greece. In addition to numerous theoretical conceptualizations and operational measures, investigations between wisdom and other variables such as positive human traits, dispositional, situational, and environmental variables have helped us understand the concept better. The wisdom developme...
Risk and Organizations: Toward a Cultural-Symbolic Perspective Gephart, Robert; Topal, Çağrı; Kulicki, Michael (Sage, 2008-01-01) The study of risk in contemporary social life has become ‘one of the most lively areas of theoretical debate in social and cultural theories in recent times’ (Lupton, 1999a: 1). Although some organizational scholars have addressed risks relevant toorganizations (e.g. Gephart, 1997), the field of organizational scholarship has not accorded the topic of risk, the centrality or concern that it has achieved in social theory. Further, where risk has been explicitly addressed in organizational research, the cogni...
A Dynamic Systems Theory of epistemic curiosity Subasi, Ahmet (Elsevier BV, 2019-08-01) The article offers a unified theory of epistemic curiosity within dynamic systems framework. It focuses on complex motivational dynamics leading to epistemic curiosity preferences, which are complexly determined by a combination of motivational, affective and cognitive sub-systems operating within an epistemic ecology. Each sub-system is delimited and modelled as an interacting dimension of the multidimensional causality of the system. The theory focuses on personal variations rather than population average...

Citation Formats

K. Saygılı, “Other regarding preferences in hierarchies: a theoretical study oncollusive behavior and optimal contracts,” M.S. - Master of Science, Middle East Technical University, 2016.