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Behanomics
Article . 2024 . Peer-reviewed
License: CC BY NC ND
Data sources: Crossref
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Santa Claus is coming!

Do workers prefer to get Christmas present in December, or all year around?
Authors: Mauricio Andres Correa Herrejon;

Santa Claus is coming!

Abstract

This research delves into the "seasonal fixed bonus" phenomenon in Mexico, Spain, the United States, and Canada, examining how employees prefer receiving payments during the Christmas season or evenly distributed throughout the year. Two hypotheses explore biases arising from bounded rationality: Hypothesis 1 suggests Mexican/Spanish workers may resist receiving the bonus dispersed throughout the year, while Hypothesis 2 posits American/Canadian workers may resist a reduction in monthly payments for a seasonal bonus. Using a utopic international competition, the study reveals that Mexican/Spanish participants exhibit a preference for end-of-year rewards, partially supporting Hypothesis 1, whereas American/Canadian participants lean towards immediate rewards, partially supporting Hypothesis 2. Statistical significance is found in Mexico and Spain, aligning with mental accounting principles, while the U.S. and Canada show similar trends but lack significance. This implies a potential status quo bias among American and Canadian workers regarding seasonal bonuses.

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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
0
Average
Average
Average
gold