incentives under limited commitment. It circumvents ratchet effects and facilitates the revelation of persistent private …

reduce the effort costs of a worker, and analyze the optimal combination of motivational effort and monetary incentives. We … conditions under which monetary incentives and motivational effort are substitutes or complements, and show that motivational …

rents can be used to provide incentives. Preferences for reciprocity still affect the structure of an employment … interaction. Therefore, reciprocity-based and repeated-game incentives are dynamic substitutes, but complements at any given point …

and moral hazard. Forgetting a default typically makes incentives worse, ex-ante, because it reduces the punishment for … increases the incentive to exert effort to preserve this reputation. Our key result is that if (i) borrowers’ incentives are …

actors provide powerful incentives and become superior when there are some fair-minded players. The principals understand … enforcement power of explicit and implicit incentives. This contract preference is associated with the fact that explicit … incentives weaken the enforcement power of implicit bonus incentives significantly. Our results are largely consistent with …

. These discontinuities create strong incentives to upcode preterm infants into classes of lower birth weight. Using data from … financial incentives but also with expected treatment costs measured by poor newborn health conditional on weight. This suggests …