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Despite the social importance of awards, they have been largely disregarded by academic research in economics. This paper investigates whether a specific, yet important, award in economics, the John Bates Clark Medal, raises recipients’ subsequent research activity and status compared to a...
Persistent link: https://www.econbiz.de/10010877716
Financial constraints are an important impediment to the growth of small businesses. We study theoretically and empirically how the financial constraints of agents affect their decisions to exert effort, and, hence the organizational decisions and growth of principals, in the context of...
Persistent link: https://www.econbiz.de/10010877784
each other. The contract may contain two types of incentives for the agent to work hard: a bonus and a threat of dismissal …
Persistent link: https://www.econbiz.de/10010877789
a number-adding task) with the same treatments. In all tasks we find that incentives seem to have very small effects and …
Persistent link: https://www.econbiz.de/10010877854
an experiment with piece-rate incentives we find that the comparative static and the point predictions on effort … provision are remarkably accurate. We also present experimental findings from three classic experiments, namely, team production …
Persistent link: https://www.econbiz.de/10011277184
feasible alternatives to punishment exist, such as offering positive incentives or handing out awards for law abiding behavior …
Persistent link: https://www.econbiz.de/10005013061
tasks. We analyze the effects of the salience of incentives in a team production setting where the principal has an interest … in quantity and quality of output. We use data from a controlled field experiment that changed the communication of the … incentive system without changing the incentive system. The results indicate that salience of incentives itself is statistically …
Persistent link: https://www.econbiz.de/10010539149
) famously pointed out, providing monetary incentives to blood donors may crowd out blood supply as purely altruistic donors may … types of incentives are related to the likelihood of donating blood by exploiting a large sample representative of 15 …
Persistent link: https://www.econbiz.de/10009221554
We investigate the effect of education Conditional Cash Transfer programs (CCTs) on teenage pregnancy. Our main concern is with how the size and sign of the effect may depend on the design of the program. Using a simple model we show that an education CCT that conditions renewal on school...
Persistent link: https://www.econbiz.de/10009228615
We conduct a field experiment where we vary both the presence of a gift exchange wage and the effect of the worker …
Persistent link: https://www.econbiz.de/10009421689