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Online belief elicitation methods
Burdea, Valeria; Woon, Jonathan - 2021
the most mass on this belief, followed by BDM and BSR. We also find that incentives increase accuracy for less … the difficulty of comprehending the task and how well incentives induce cognitive effort (thereby inducing subjects to …
Persistent link: https://www.econbiz.de/10012415922
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Good news is not a sufficient condition for motivated reasoning
Thaler, Michael - 2024
People often receive good news that makes them feel better about the world around them, or bad news that makes them feel worse about it. This paper studies how the valence of news affects belief updating, absent functional and ego-relevant factors. Using experiments with over 1,500 participants...
Persistent link: https://www.econbiz.de/10014464329
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Optimal delegation when the large shareholder has multiple tasks
Graziano, Clara; Luporini, Annalisa - 2010
incentives. Delegating project choice to the manager can alleviate this conflict if managerial private benefits are not too small …
Persistent link: https://www.econbiz.de/10003965886
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Intention-based reciprocity and the hidden costs of control
Siemens, Ferdinand von - 2011
Empirical research suggests that - rather than improving incentives - exerting control can reduce workers' performance …
Persistent link: https://www.econbiz.de/10009272298
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Managerial hedging and portfolio monitoring
Bisin, Alberto (contributor); Gottardi, Piero (contributor);  … - 2004
Incentive compensation induces correlation between the portfolio of managers and the cash flow of the firms they manage. This correlation exposes managers to risk and hence gives them an incentive to hedge against the poor performance of their firms. We study the agency problem between...
Persistent link: https://www.econbiz.de/10002521243
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Monitoring a common agent : implications for financial contracting
Khalil, Fahad (contributor); Martimort, David (contributor);  … - 2005
We study the problem of multiple principals who want to obtain income from a privately informed agent and design their contracts non-cooperatively. Our analysis reveals that the degree of coordination between principals has strong implications for the shapes of contracts and the amount of...
Persistent link: https://www.econbiz.de/10003113311
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Self-confidence and reactions to subjective performance evaluations
Bellemare, Charles; Sebald, Alexander - 2018
Subjective performance evaluations are commonly used to provide feedback and incentives to workers. However, such …
Persistent link: https://www.econbiz.de/10011927889
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A note on the design of experiments involving public goods
Graves, Philip E. - 2010
Concern about potential free riding in the provision of public goods has a long history. More recently, experimental economists have turned their attention to the conditions under which free riding would be expected to occur. A model of free riding is provided here which demonstrates that...
Persistent link: https://www.econbiz.de/10008697050
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The effect of incentives on real effort : evidence from the slider task
Araújo, Felipe Augusto de; Carbone, Erin; … - 2015
Real-effort experiments are frequently used when examining a response to incentives. For any particular real …-effort task to be well-suited for such an exercise, subjects' cost for exerting effort must, for the range of incentives … nonmonetary incentives. However, despite its increasing use, a simple between-subject examination of the slider task's response to …
Persistent link: https://www.econbiz.de/10010528978
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Adaptive treatment assignment in experiments for policy choice
Kasy, Maximilian; Sautmann, Anja - 2019
The goal of many experiments is to inform the choice between different policies. However, standard experimental designs are geared toward point estimation and hypothesis testing. We consider the problem of treatment assignment in an experiment with several non-overlapping waves, where the goal...
Persistent link: https://www.econbiz.de/10012050770