Klempt, Charlotte; Pull, Kerstin - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2010
Sanctions are widely used to promote compliance in principal-agent-relationships.While there is ample evidence confirming the predicted positive incentive effect of sanctions,it has also been shown that imposing sanctions may in fact reduce complianceby crowding-out intrinsic motivation. We add...