Showing 1 - 10 of 35
In this paper, we investigate individuals' investment in status in an environment where no monetary return can possibly be derived from reaching a better relative position. We use a real-effort experiment in which we permit individuals to learn and potentially improve their relative position in...
Persistent link: https://www.econbiz.de/10008833344
with managers from companies with different incentives, work habits and recruiting methods. In this paper, we investigate …, which occur in both compensation incentives and team composition. The results of a real effort experiment conducted with … managers within a large pharmaceutical company not only show that changes in compensation incentives affect performance but …
Persistent link: https://www.econbiz.de/10005100880
Our objective in this paper is to illustrate and better understand the unavoidable arbitrage between incentives and …
Persistent link: https://www.econbiz.de/10005100623
the proportion of aggregate production that fails to be appropriated, and the private incentives to choose productive …
Persistent link: https://www.econbiz.de/10005100938
Using a large longitudinal, nationally representative workplace-level dataset, we explore the productivity gains associated with computer use and organizational redesign. The empirical strategy involves the estimation of a production function, augmented to account for technology use and...
Persistent link: https://www.econbiz.de/10005100694
Subjects submitted strategies for playing a public good game. The strategies interacted with each other in a computer simulation. They could be revised and resubmitted for a second and a third simulation round. The strategies' average contribution to the public good increased from one simulation...
Persistent link: https://www.econbiz.de/10005100527
In this experimental study we examine behavior relating to voluntary contributions to reduce expected losses associated, for example, with the occurrence of natural disasters or major industrial accidents. We ask subjects to allocate tokens between a private investment and a public investment....
Persistent link: https://www.econbiz.de/10005100545
The paper extends the standard tax evasion model by allowing for social interactions. In Manski's (1993) nomenclature, our model takes into account social conformity effects (i.e., endogenous interactions), fairness effects (i.e., exogenous interactions) and sorting effects (i.e., correlated...
Persistent link: https://www.econbiz.de/10005100598
The economic models of tax compliance predict that individuals should evade taxes when the expected benefit of cheating is greater than its expected cost. When this condition is fulfilled, the high compliance however observed remains a puzzle. In this paper, we investigate the role of emotions...
Persistent link: https://www.econbiz.de/10005100604
We conduct an experiment to test whether probability misperception may be a possible alternative to risk aversion to explain overbidding in independent first-price private-values auctions. The experimental outcomes indicate that subjects underestimate their probability of winning the auction,...
Persistent link: https://www.econbiz.de/10005100674