pepperdine.zoom.us…
Tuesday, July 9, 2019, 5 – 6pm
Please join us for a conversation with Dr. David Smith, Associate Professor of Economics/Associate Provost for Online Programs and Doctoral student Blair Stephens, ‘20 as they discuss the topic: Understanding Fairness Hypocrisy and its Impact on Employee Wages, Efforts and Shirking.
The pair will explore two seemingly opposed constructs from the worlds of behavioral economics and psychology collide daily related to wage-effort fairness between employers and employees. On the one hand, the seminal econometric construct of inequity aversion (a person’s desire for fairness) appears to explain large samples of decisions at least as accurately as the “self-interest” rational economic model. On the other hand, studies on the subject of moral hypocrisy have suggested that as much as a fifth of the population, when given the opportunity, will mask selfish behavior under the guise of fairness to obtain superior economic gains. What seems needed at this point is a) a concept that reconciles this apparent contradiction and b) an exploration of how these issues play out in the “real” world of employer-employee bargaining. What may benefit practitioners most is the study of a more narrowly defined and formalized paradigm called fairness hypocrisy.
Contact Name: PGBS Recruitment and Advising Team
Contact Email: executive@pepperdine.edu
Contact Phone: 310.506.4858
Cost: Free
More info: pepperdine.secure.force.com…
Tuesday, July 9, 2019, 5 – 6pm
Please join us for a conversation with Dr. David Smith, Associate Professor of Economics/Associate Provost for Online Programs and Doctoral student Blair Stephens, ‘20 as they discuss the topic: Understanding Fairness Hypocrisy and its Impact on Employee Wages, Efforts and Shirking.
The pair will explore two seemingly opposed constructs from the worlds of behavioral economics and psychology collide daily related to wage-effort fairness between employers and employees. On the one hand, the seminal econometric construct of inequity aversion (a person’s desire for fairness) appears to explain large samples of decisions at least as accurately as the “self-interest” rational economic model. On the other hand, studies on the subject of moral hypocrisy have suggested that as much as a fifth of the population, when given the opportunity, will mask selfish behavior under the guise of fairness to obtain superior economic gains. What seems needed at this point is a) a concept that reconciles this apparent contradiction and b) an exploration of how these issues play out in the “real” world of employer-employee bargaining. What may benefit practitioners most is the study of a more narrowly defined and formalized paradigm called fairness hypocrisy.
Contact Name: PGBS Recruitment and Advising Team
Contact Email: executive@pepperdine.edu
Contact Phone: 310.506.4858
Cost: Free
More info: pepperdine.secure.force.com…