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Promoting cooperation : the distribution of reward and punishment power
Nosenzo, Daniele; Sefton, Martin - 2012
Recent work in experimental economics on the effectiveness of rewards and punishments for promoting cooperation mainly examines decentralized incentive systems where all group members can reward and/or punish one another. Many self-organizing groups and societies, however, concentrate the power...
Persistent link: https://www.econbiz.de/10009578208
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Gift exchange and workers' fairness concerns : when equality is unfair
Abeler, Johannes; Altmann, Steffen; Kube, Sebastian; … - 2009
contractual incompleteness. In our experiment, one principal is matched with two agents. The principal pays equal wages in one …. This is not caused by monetary incentives per se since under both wage schemes it is profit-maximizing for agents to exert …
Persistent link: https://www.econbiz.de/10003854042
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The effects of (incentivized) belief elicitation in public good experiments
Gächter, Simon (contributor); Renner, Elke (contributor) - 2006
distribution of beliefs as well as the relationship between contributions and beliefs are unaffected by incentives. Eliciting … so in the latter half of the experiment. This result contradicts Croson (2000). We discuss the implications of our … results for the design of experiments. -- Incentives ; beliefs ; experiments ; public goods …
Persistent link: https://www.econbiz.de/10003375964
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The impact of pay comparisons on effort behavior
Nosenzo, Daniele - 2010
This study uses a three-person gift-exchange game experiment to examine the impact of pay comparisons on effort …
Persistent link: https://www.econbiz.de/10003990157
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The effects of (incentivized) belief elicitation in public goods experiments
Gächter, Simon; Renner, Elke - 2010
) Do incentives increase belief accuracy? 2) Are there interaction effects of beliefs and decisions? We investigate these … beliefs are incentivized. The relationship between contributions and beliefs is slightly steeper under incentives. However, we … beliefs at all. We discuss the implications of our results for the design of public good experiments. -- Incentives ; beliefs …
Persistent link: https://www.econbiz.de/10003990218
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Discretionary sanctions and rewards in the repeated inspection game
Nosenzo, Daniele; Offerman, Theo; Sefton, Martin; Veen, … - 2012
We experimentally investigate a repeated "inspection game" where, in the stage game, an employee can either work or shirk and an employer simultaneously chooses to inspect or not inspect. Combined payoffs are maximized when the employee works and the employer does not inspect. However, the...
Persistent link: https://www.econbiz.de/10009578200
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Combining "real effort" with induced effort costs : the ball-catching task
Gächter, Simon; Huang, Lingbo; Sefton, Martin - 2015
an experiment with piece-rate incentives we find that the comparative static and the point predictions on effort …
Persistent link: https://www.econbiz.de/10010530634
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Discretionary sanctions and rewards in the repeated inspection game
Nosenzo, Daniele; Offerman, Theo; Sefton, Martin; Veen, … - 2014 - This version: 02 April 2014
We experimentally investigate a repeated "inspection game" where, in the stage game, an employee can either work or shirk and an employer simultaneously chooses to inspect or not inspect. The unique equilibrium of the stage game is in mixed strategies with positive probabilities of...
Persistent link: https://www.econbiz.de/10010340303
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Goal setting in the principal-agent model : weak incentives for strong performance
Corgnet, Brice; Gómez-Miñambres, Joaquín; Hernán … - 2016
responsive to agents' performance. Agents' performance is higher in the presence of goal setting despite weaker incentives. We … incentives and wage-irrelevant goals can be optimal. The pervasive use of non-monetary incentives in the workplace may help … account for previous empirical findings suggesting that firms rely on unexpectedly weak monetary incentives. …
Persistent link: https://www.econbiz.de/10011515824
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When a nudge backfires : using observation with social and economic incentives to promote pro-social behavior
Bolton, Gary E.; Dimant, Eugen; Schmidt, Ulrich - 2019 - This version: April 21, 2019
between observer and observee. Observability involving economic incentives crowds-out anti-social behavior in favor of more …
Persistent link: https://www.econbiz.de/10011998007