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simple; in the other treatment it is highly complex. The payoff-maximizing effort level and the incentives around this … to ignore larger changes in incentives. Our results suggest that the effect of a newly introduced tax will be attenuated …
Persistent link: https://www.econbiz.de/10009740012
. 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/10003863658
rationality can affect effort provision, by shrouding attributes of the incentives. In our setting, complexity leads workers to …
Persistent link: https://www.econbiz.de/10014311541