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Whether monetary incentives to change behavior work and how they should be structured are fundamental economic … questions. We overcome typical data limitations in a large-scale field experiment on vaccination (N = 5, 324) with a unique combi …-nation of administrative and survey data. We find that guaranteed incentives of $20 increase uptake by 13 percentage points in …
Persistent link: https://www.econbiz.de/10015074579
strategically optimal. This behavior is consistent with the equilibrium of the corresponding signaling game. Based on the theory of …
Persistent link: https://www.econbiz.de/10010223063
Economists and management scholars have argued that the scope of incentives to increase cooperation in organizations is … prevailing cooperation levels among employees before they can set incentives to promote cooperation. In addition, employees …-liefs about the cooperativeness of others. Incentives hence have strong positive effects on cooperative beliefs, irrespective of …
Persistent link: https://www.econbiz.de/10014227737
The ex ante incentive compatible core of an exchange economy with private information is the (standard) core of a socially designed characteristic function, which expresses the fact that coalitions allocate goods by means of random incentive compatible mechanisms. We first survey some results in...
Persistent link: https://www.econbiz.de/10003301240
When politicians are provided with insufficient incentives by the democratic election mechanism, we show that social …
Persistent link: https://www.econbiz.de/10011408440
Persistent link: https://www.econbiz.de/10003674373
that different risk-groups prefer different types of contracts, and that only the sequential contracts, which are …
Persistent link: https://www.econbiz.de/10011541030
liquidity risk and characterizes them. Both a solvency (leverage) and a liquidity ratio are required to control the … interpret the 2007 run on SIV and ABCP conduits. -- stress ; crises ; illiquidity risk ; insolvency risk ; leverage ratio …
Persistent link: https://www.econbiz.de/10009230899
Much of economics assumes that higher incentives increase participation in a transaction only because they exceed more … costly, higher incentives also change reservation prices to further increase participation. A higher incentive makes people …. Hence, incentives change not only what people choose, but also what they believe their choices entail. This result informs …
Persistent link: https://www.econbiz.de/10011588031
We investigate the elasticity of moral ignorance with respect to monetary incentives and social norm information. We … from small negative to small positive monetary incentives. By contrast, while social norms strongly favor information …
Persistent link: https://www.econbiz.de/10011987011