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Tournaments are often used to improve performance in innovation contexts. Tournaments provide monetary incentives but …-routine task and identify the importance of these behavioral aspects. In a field experiment (n>1,700 participants), we vary the … salience of team identity, social image concerns, and whether teams face monetary incentives. Increased salience of team …
Persistent link: https://www.econbiz.de/10014495030
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/10011340265
avoidance in a real-effort setting. Our experiment offers three main results. First, we confirm that preferences for avoidance …
Persistent link: https://www.econbiz.de/10011751477
work, agents usually make their effort choice in response to competition and monetary incentives. At the same time, they … also allow for variations in incentives in one work period, in order to analyze spillover effects to the work periods … experimental data. A short-term increase in incentives in one period should lead to higher effort in that period, and, due to …
Persistent link: https://www.econbiz.de/10011976073
reference group. In a novel experiment, I vary whether or not members of a reference group obtain relative performance …
Persistent link: https://www.econbiz.de/10012139010
Despite the prevalence of non-routine analytical team tasks in modern economies, little is known about how incentives … influence performance in these tasks. In a field experiment with more than 3000 participants, we document a positive effect of … bonus incentives on the probability of completion of such a task. Bonus incentives increase performance due to the reward …
Persistent link: https://www.econbiz.de/10011899201
Persistent link: https://www.econbiz.de/10014302684
incentives influence performance in these tasks. In a series of field experiments involving more than 5,000 participants, we … investigate how incentives alter behavior in teams working on such a task. We document a positive effect of bonus incentives on … those seen with bonus incentives, rendering it as a likely mediator of incentive effects. …
Persistent link: https://www.econbiz.de/10014487148
literature on incentives. For participants who roll the die, the experiment can be seen as a tool to randomly assign an incentive …-of-sales expenditures. We are particularly interested in the effect of a behavioural experiment, eliciting respondents’ risk preferences, on … their recording behaviour. In the experiment, run shortly before the consumers start to fill in the diary, the consumers …
Persistent link: https://www.econbiz.de/10011404296