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Angelova, Vera; Giebe, Thomas; Ivanova-Stenzel, Radosveta - 2018

We study theoretically and experimentally the role of fatigue and recovery within a competitive work environment. At work, agents usually make their effort choice in response to competition and monetary incentives. At the same time, they have to take into account fatigue, which accumulates over...

Persistent link: https://www.econbiz.de/10011976073

Does a short-term increase in incentives boost performance?

Angelova, Vera; Giebe, Thomas; Ivanova-Stenzel, Radosveta - 2017

competition affect agents' performance? In a real-effort laboratory experiment, we study a one-time increase in incentives in a …

Persistent link: https://www.econbiz.de/10011895040

Peer effects of ambition

Albert, Philipp; Kübler, Dorothea; Silva-Goncalves, Juliana - 2019

Ambition as the desire for personal achievement is an important driver of behavior. Using laboratory experiments, we study the role of social influence on ambition in two distinct domains of achievement, namely performance goals and task complexity. In the first case, participants set themselves...

Persistent link: https://www.econbiz.de/10012033501

Confidence and career choices : an experiment

Barron, Kai; Gravert, Christina - 2019 - Revised January 2019

Confidence is often seen as the key to success. Empirical evidence about how such beliefs about one's abilities … confidence about one's own ability on two central choices made by workers in the labor market: choosing between jobs with … confidence leads to an increase in subjects' propensity to choose payment schemes that depend heavily on ability. This is …

Persistent link: https://www.econbiz.de/10011964220

Price dynamics and trader overconfidence

Ahrens, Steffen; Bosch-Rosa, Ciril; Roulund, Rasmus Pank - 2019

Overconfidence is one of the most important biases in financial markets and commonly associated with excessive trading and asset market bubbles. So far, most of the finance literature takes overconfidence as a given, "static" personality trait. In this paper we introduce a novel experimental...

Persistent link: https://www.econbiz.de/10012034133

Beliefs and actions in the trust game : creating instrumental variables to estimate the causal effect

Costa-Gomes, Miguel A.; Huck, Steffen; Weizsäcker, Georg - 2012

In many economic contexts, an elusive variable of interest is the agent's belief about relevant events, e.g. about other agents' behavior. A growing number of surveys and experiments ask participants to state beliefs explicitly but little is known about the causal relation between beliefs and...

Persistent link: https://www.econbiz.de/10009583740

Managerial payoff and gift-exchange in the field

Englmaier, Florian; Leider, Stephen - 2019

We conduct a field experiment where we vary both the presence of a gift-exchange wage and the effect of the worker …

Persistent link: https://www.econbiz.de/10012064798

Leadership in a public goods experiment with permanent and temporary members

Angelova, Vera; Güth, Werner; Kocher, Martin - 2019

. Our results show that leadership when permanent and temporary members interact leads to lower contributions than … interaction without leadership. …

Persistent link: https://www.econbiz.de/10012126333

Does having insurance change individuals self-confidence?

Guber, Raphael; Kocher, Martin; Winter, Joachim - 2018

subjects' self-confidence. Our novel experimental design allows us to disentangle selection into insurance from the effects of …

Persistent link: https://www.econbiz.de/10011899247

The influence of overconfidence and competition neglect on entry into competition

Schüssler, Katharina - 2018

I investigate whether two mechanisms leading to biased beliefs about success, overconfidence and competition neglect, influence decisions to enter competitive environments. I use a controlled laboratory setting that allows to elicit belief distributions related to absolute as well as relative...

Persistent link: https://www.econbiz.de/10011900069

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