Andersson, Ola; Holm, Håkan J.; Tyran, Jean-Robert; … - Institutet för Näringslivsforskning (IFN) - 2013
experiment are facing high-powered incentives to increase the risk on behalf of others through hedged compensation contracts or … with tournament incentives. Compared to a baseline condition without such incentives, we find that the decision makers … respond strongly to these incentives that result in an increased risk exposure of others. However, we find that the increase …