This paper studies the impact of incentives on worker self-selection in a controlled laboratory experiment. Subjects …. In addition personal attitudes such as willingness to take risks and relative self-assessment as well as gender affect …

they overestimated themselves. Men, however, do not seem to be similarly shame-averse. This gender difference may be due to …

Gender differences are often observed in real life-situations. We implement an experiment on the investment game which … explores the influence of knowledge of partner's gender in trust and reciprocity by means of two treatments of information: the … first one, without knowledge of partner's gender and the second treatment where gender's partner is common knowledge. A …

firm or institution can use utility theory in a normative or prescriptive role to establish risk policy for investments …

Classic financial agency theory recommends compensation through stock options rather than shares to induce risk … neutrality in otherwise risk averse agents. In an experiment, we find that subjects acting as executives do also take risks that … excessive risks—a result that cannot be accounted for by classic incentive theory. We develop a basic model in which such risk …

underlie credit behavior. Data are collected using an incentivized decision making lab experiment, together with financial and …

. To further explore this issue, we designed a second experiment to explore risk-taking behavior for gain prospects … by prospect theory. An additional accountability mechanism does not change risk behavior, except for mixed prospects, in …

Cumulative prospect theory introduced the weighting of probabilities as an additional component to capture risk … attitudes. However, this addition would be a less significant challenge to expected utility theory (EU) if utility curvature and …