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A worker’s utility may increase in his own income, but envy can make his utility decline with his employer’s income … various assumptions about the object and generality of envy. Envy amplifies the effect of incentives on effort and, therefore …, increases optimal incentive pay. Moreover, envy can make profitsharing optimal, even when the worker’s effort is fully …
Persistent link: https://www.econbiz.de/10005765867
Altruists and envious people who meet in contests are symbionts. They do better than a population of narrowly rational individuals. If there are only altruists and envious individuals, a particular mixture of altruists and envious individuals is evolutionarily stable.
Persistent link: https://www.econbiz.de/10005766134
We conduct a field experiment in a naturally occurring labor environment and track whether the performance of workers …
Persistent link: https://www.econbiz.de/10010877759
This paper presents evidence from a field experiment, which aims to identify the two sources of workers’ pro …
Persistent link: https://www.econbiz.de/10005013946
This paper investigates whether risk aversion and impatience are correlated with cognitive ability. We conduct incentive compatible choice experiments measuring risk aversion, and impatience over an annual time horizon, for a representative sample of roughly 1,000 German adults. A measure of...
Persistent link: https://www.econbiz.de/10005000392
This paper presents the results of a randomized experiment analyzing the use of vouchers for adult training. In 2006, 2 … aware at any time that they were part of an experiment. The experiment shows that the voucher had a significant causal …
Persistent link: https://www.econbiz.de/10005181564
The aim of this paper is to study whether schooling choices are affected by social interactions. Such social interactions may be important because children enjoy spending time with other children or parents learn from other parents about the ability of their children. Identification is based on...
Persistent link: https://www.econbiz.de/10005196320
that both forces are at play. We conduct a natural field experiment where, in a randomly assigned part of a residential …
Persistent link: https://www.econbiz.de/10010764300
This paper reports the results from a controlled field experiment designed to investigate the causal effect of public …
Persistent link: https://www.econbiz.de/10010631773
Different from traditional gift exchange experiments, we study a field experiment where a random subsample of …
Persistent link: https://www.econbiz.de/10009144874