This paper reports the results of an individual real effort laboratory experiment where subjects are paid for measured …

We examine how self-selection of workers into firms depends on the power of the firms' incentive schemes and how it … affects the performance of firms that increase the power of the incentive schemes. In a laboratory experiment, we let subjects … choose between (low-powered) team incentives and (high-powered) individual incentives. We observe that subjects exhibiting …

economic circumstances in the period studied and (b) the self-selection of firms into the treatment and the control groups. Our …

We consider repeated trust game experiments to study the interplay between explicit and relational incentives. After … contract), because this game better sustains (implicit) relational incentives backed by either reputational or reciprocity …

incentives and the rent-seeking incentives they provide. Standard theory predicts that a given instrument becomes less attractive … of a laboratory experiment. By and large our findings confirm standard theory. Incentive instruments typically become …

for noisier performance measures. We conduct a real effort laboratory experiment and find that effort levels are invariant …

verdict. In this experiment we examine the relationship between evidence of which the strength is known, subjective …