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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...
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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
Tournaments are often used to improve performance in innovation contexts. Tournaments provide monetary incentives but also render teams' identity and image concerns salient. We study the effects of tournaments on team performance in a non-routine task and identify the importance of these...
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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 …
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