Showing 1 - 10 of 155
We present a psychological model of stress. Appraisal translates stressors into subjective stress. Stress reduces … not go hand in hand with rising stress. First steps towards a theory of therapy show how stressed individuals can improve …
Persistent link: https://www.econbiz.de/10011819320
Emotions were central to the development of economics, especially in utility theory in classical economics. While neoclassical utility theory basically abolished emotions, behavioural economics more recently reintroduced emotions in utility theory. Beyond utility theory, economic theorists use...
Persistent link: https://www.econbiz.de/10011499845
We compare performance in a word based creativity task under three incentive schemes: a flat fee, a linear payment and … that differences in performance are predominantly related to individual skills. -- creativity ; incentives ; real effort …
Persistent link: https://www.econbiz.de/10009689504
Building on a theoretical model we test the hypothesis that effort choices and preferences for redistribution are simultaneously determined. Using cross-country panel data from the World Value Survey, we find that it is important to model preferences for redistribution and effort choices...
Persistent link: https://www.econbiz.de/10009535110
We introduce the "ball-catching task", a novel computerized real effort task, which combines "real" efforts with induced material cost of effort. The central feature of the ball-catching task is that it allows researchers to manipulate the cost of effort function as well as the production...
Persistent link: https://www.econbiz.de/10010518803
In a tedious real effort task, subjects know that their piece rate is either low or ten times higher. When subjects are informed about their piece rate realization, they adapt their performance. One third of subjects nevertheless forego this instrumental information when given the choice - and...
Persistent link: https://www.econbiz.de/10011346303
We develop a methodology to sign output distortions in the random participation framework. We apply our method to monopoly nonlinear pricing problem, to the regulatory monopoly problem and mainly to the optimal income tax problem. In the latter framework, individuals are heterogeneous across two...
Persistent link: https://www.econbiz.de/10009514775
Between and within firms, work teams compete against each other and receive feedback on how well their team is performing relative to their benchmarks. In this paper we investigate experimentally how teams respond to relative performance feedback (RPF) at team level. We find that when subjects...
Persistent link: https://www.econbiz.de/10011793858
We present first experimental evidence that relative performance feedback improves both the speed and quality with which challenging long-term tasks are completed. Providing university students with ongoing relative feedback on accumulated course credits accelerates graduation by 0.12 SD, and...
Persistent link: https://www.econbiz.de/10014249919
We conducted a randomized controlled trial involving nearly 700 customer-service representatives (CSRs) in a Canadian government service agency to study whether providing CSRs with performance feedback with or without peer comparison affected their subsequent organ donor registration rates....
Persistent link: https://www.econbiz.de/10013413486