@techreport{ac474f487968429f9e3f09fdf5d36878,
title = "A Theoretical Note on Assymmetries in Intensity and Persistence of Reciprocity in Labour Markets",
abstract = "This paper presents a model that can account for, and explain, two well documented empirical asymmetries characterising a worker's reciprocity: negative reciprocity is both stronger, and more persistent, than positive reciprocity. The stronger intensity of negative reciprocity is driven by the worker being loss averse; the longer persistence is driven by the slower adaptation of the worker to wage changes that are perceived as unfair.",
keywords = "reciprocity, loss aversion, adaptation, asymmetries",
author = "Marco Fongoni",
note = "Published as a paper within the Discussion Papers in Economics, No. 18-15 (2018)",
year = "2018",
month = may,
day = "31",
language = "English",
series = "Strathclyde Discussion Papers in Economics",
publisher = "University of Strathclyde",
type = "WorkingPaper",
institution = "University of Strathclyde",
}