Showing 1 - 10 of 145
We use a laboratory experiment to study how perceptions of skill influence teamwork. Our design is based on Gervais and Goldstein (2007) theory of teams. Team output is increasing in skill and in effort, skill and effort are complements, and workers' effort choices are complements. An...
Persistent link: https://www.econbiz.de/10013119633
L’économie comportementale et l’économie expérimentale ont connu un formidable essor au cours des dernières décennies. L’objectif de cet article est de présenter, au travers d’un cadre général d’analyse et d’exemples d’applications, l’intérêt de l’économie...
Persistent link: https://www.econbiz.de/10010969006
Monitoring is typically included in economic models of crime thanks to a probability of detection, constant across individuals. We build on recent results in psychology to argue that comparative optimism deeply affects this standard relation. To this matter, we introduce an experiment involving...
Persistent link: https://www.econbiz.de/10010750633
Le contrôle est l'un des instruments majeur de répression des activités illégales. Cette dimension est intégrée aux analyses économiques du crime sous la forme d'une probabilité de détection et fondée seulement sur l'aversion au risque. La psychologie cognitive montre que la perception...
Persistent link: https://www.econbiz.de/10010738457
Although expensive, monitoring is the most efficient mean to repress a criminal activity. This is typically included in economic models of crime thanks to a probability of detection, and only based on risk aversion. According to recent results in psychology literature, the perception of this...
Persistent link: https://www.econbiz.de/10008578407
Monitoring is typically included in economic models of crime thanks to a probability of detection, constant across individuals. We build on recent results in psychology to argue that comparative optimism deeply affects this standard relation. To this matter, we introduce an experiment involving...
Persistent link: https://www.econbiz.de/10008795825
Le contrôle est l'un des instruments majeur de répression des activités illégales. Cette dimension est intégrée aux analyses économiques du crime sous la forme d'une probabilité de détection et fondée seulement sur l'aversion au risque. La psychologie cognitive montre que la perception...
Persistent link: https://www.econbiz.de/10008795982
In our model, an agent produces an outcome by a costly effort and then distributes it among heterogeneous users. The agent's payoff is the weighted sum of the users' shares and the coefficient reflecting their heterogeneity. When the agent neglects users' heterogeneity the game leads to an...
Persistent link: https://www.econbiz.de/10013318907
After a merger, company officials face the challenge of making compensation schemes uniform and of redesigning teams with managers from companies with different incentives, work habits and recruiting methods. In this paper, we investigate the relationship between executive pay and performance...
Persistent link: https://www.econbiz.de/10013319438
We propose an original lab experiment to analyze how introducing a risk prevention mechanism affects individuals’ insurance choices. After choosing a level of coverage in a compulsory insurance contract, the insured can make a costly prevention effort to reduce the likelihood of a loss...
Persistent link: https://www.econbiz.de/10013296413