Showing 1 - 10 of 11
We analyze the effects of a school-based incentive program on children’s exercise habits. The program offers children an opportunity to win prizes if they walk or bike to school during prize periods. We use daily child-level data and individual fixed effects models to measure the impact of the...
Persistent link: https://www.econbiz.de/10009393890
extrinsic incentives by the availability of non-monetary incentives. …
Persistent link: https://www.econbiz.de/10008676576
We explore the effects of competitive incentives and of their time horizon on the evolution of both asset prices and …
Persistent link: https://www.econbiz.de/10010858034
When the assignment of incentives is uncertain, we study how the regularity and frequency of rewards and risk attitudes … show that less able and more risk averse players are less persistent in effort. Intermittent incentives lead to a greater … persistence of effort, while continuous incentives entail exit as soon as payment stops. Randomness increases both earlier and …
Persistent link: https://www.econbiz.de/10011161033
Compensation of executives by means of equity has long been seen as a means to tie executives? income to company performance, and thus as a solution to the principal-agent dilemma created by the separation of ownership and management in publicly owned companies. The overwhelming part of such...
Persistent link: https://www.econbiz.de/10008515805
Whereas economists have made extensive studies of the impact of levels of incentives on behavior, they have paid little … attention to the effects of regularity and frequency of incentives. We contrasted three ways of rewarding participants in a real …
Persistent link: https://www.econbiz.de/10008506223
Most studies on the role of incentives on risk attitude report data obtained from within-subject experimental …
Persistent link: https://www.econbiz.de/10008471892
In this paper, we analyze group incentives when a proportion of agents feel in- equity aversion as defined by Fehr and … show that a tournament provides strong incentives to agents who only care about their own payo¤ but that it is not …
Persistent link: https://www.econbiz.de/10005029818
When exogenously imposed, rank-order tournaments have incentive properties but their overall efficiency is reduced by a high variance in performance (Bull, Schotter, and Weigelt 1987). However, since the efficiency of performance-related pay is attributable both to its incentive effect and to...
Persistent link: https://www.econbiz.de/10005086299
This paper reports on the results of an experiment testing whether the agents selfselect between a competitive payment scheme and a revenue-sharing scheme depending on their inequity aversion. Average efficiency should be increased when these payment schemes are endogenously chosen by agents. We...
Persistent link: https://www.econbiz.de/10005056867