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prospects in a laboratory experiment. Under low stakes, we find the typical risk seeking behavior for small probabilities …
Persistent link: https://www.econbiz.de/10008527318
-effort experiment in which individuals had to decide when to exit the situation: a continuous reinforcement schedule (all periods paid …
Persistent link: https://www.econbiz.de/10008611511
-exchange experiment, the employer can express respect by giving the employee costly symbolic rewards after observing his level of effort …. This experiment sheds light on the extent to which symbolic rewards are used, how they affect employees’ further effort …
Persistent link: https://www.econbiz.de/10008678679
We devise a new experimental game by nesting a voluntary contributions mechanism in a broader spectrum of incentive schemes. With it, we study tensions between egalitarianism, equity concerns, self-interest, and the need for incentives. In a 2x2 design, subjects either vote on or exogenously...
Persistent link: https://www.econbiz.de/10008678697
confirmed in a real effort experiment. …
Persistent link: https://www.econbiz.de/10005762201