the agent's motivation to perform well. Before the agent chooses his performance, the principal in our experiment decides …

effort. Self-confidence thus enhances motivation, and this gives a time--inconsistent individual a strong incentive to build …

- as stressed by psychologists - in that they undermine intrinsic motivation. As a result, they may be only weak … motivation, while offers of help may create a dependence. More generally, we identify when the hidden costs of rewards are a myth …

We examine the origins and outcome of entrepreneurship on the basis of exceptionally comprehensive Norwegian matched … worker-firm-owner data. In contrast to most existing studies, our notion of entrepreneurship not only comprises self …-employment, but also employment in partly self-owned limited liability firms. Based on this extended entrepreneurship concept, we find …

individuals on the formation of entrepreneurship in a two-country occupation choice model. We show that trade opening gives rise …