Showing 1 - 10 of 1,885
-wage equilibrium. Importantly, the comparative statics of motivation and wage differ between the equilibria: starting from low-reputation …, higher wages crowd in motivation, while starting from high-reputation, higher wages crowd out motivation. The paper also … details the implications of this model for successful reform: taking reputation as the state variable, we show that a non …
Persistent link: https://www.econbiz.de/10011281179
and low aggregate motivation (reputation) in the mission-oriented sector exist. Reforming a low-motivation institution …State capacity is optimized when public institutions are staffed by individuals with public-service motivation. However …, when motivated agents value the collective reputation of their place of employment, steady-state equilibria with both high …
Persistent link: https://www.econbiz.de/10011552475
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
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
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
Persistent link: https://www.econbiz.de/10012180902
Persistent link: https://www.econbiz.de/10003765929
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
Recent behavioral models argue in favor of avoidance of instrumental information. We explore the role of information avoidance in a real-effort setting. Our experiment offers three main results. First, we confirm that preferences for avoidance of instrumental information exist, studying...
Persistent link: https://www.econbiz.de/10011751477
Persistent link: https://www.econbiz.de/10003528823