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social preferences. In a single-period setting, only moderately altruistic leaders use praise as a motivation tool, whereas …
Persistent link: https://www.econbiz.de/10012500507
difficultly of selecting workers whose motivation is aligned with the mission of the institution -- in direct contrast to evidence …-wage argument, empirical evidence from developing countries suggests that motivation is weakly increasing in wages. This paper …-wage equilibrium. Importantly, the comparative statics of motivation and wage differ between the equilibria: starting from low …
Persistent link: https://www.econbiz.de/10011281179
State capacity is optimized when public institutions are staffed by individuals with public-service motivation. However … and low aggregate motivation (reputation) in the mission-oriented sector exist. Reforming a low-motivation institution … requires a non-monotonic wage path: since the effect of higher wages on motivation is negative for a highreputation institution …
Persistent link: https://www.econbiz.de/10011552475
Persistent link: https://www.econbiz.de/10009388762
Persistent link: https://www.econbiz.de/10001444751
We study the causal relationship between moral values ("ought" statements) and factual beliefs ("is" statements) and show that, contrary to predictions of orthodox Bayesian models, values exert an influence on beliefs. This effect is mediated by prior political leanings and, thus, contributes to...
Persistent link: https://www.econbiz.de/10012793076
This paper investigates whether limited liability affects risk-taking through motivated beliefs. To do so, we run a within-subject experiment in which subjects invest in a risky asset under full or limited liability. In both cases, before the investment is made, subjects observe a noisy signal...
Persistent link: https://www.econbiz.de/10012138863
Die Shirking-Hypothese geht davon aus, daß Untemehmen Lohnprärnien und Kontrolle als substitutive Instrumente nutzen, um Arbeitnehmer zu Leistung anzuhalten. Die Unmöglichkeit, Arbeitsleistung perfekt zu beobachten, ist grundlegend für die Shirking-Hypothese, erschwert jedoch zugleich ihre...
Persistent link: https://www.econbiz.de/10011620541
Using a new experimental design, we compare how subjects form beliefs in an investor-client setup under varying degrees of liability. Our results reflect the importance of social preferences when making investment decisions for others. We show that when investors have no liability, those with...
Persistent link: https://www.econbiz.de/10013435377
Traditionally, economic models have attributed procrastination to present bias. However, procrastination may also arise when individuals derive anticipatory utility from holding motivated, overly optimistic beliefs about the workload they need to complete. This study provides a rigorous...
Persistent link: https://www.econbiz.de/10014487122