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We consider repeated trust game experiments to study the interplay between explicit and relational incentives. After … these two variants to play. Theory predicts that subjects will choose the payoff dominated game (representing a bad explicit … contract), because this game better sustains (implicit) relational incentives backed by either reputational or reciprocity …
Persistent link: https://www.econbiz.de/10011378080
The provision of non-pecuniary incentives in education is a topic that has received much scholarly attention lately …. Our paper contributes to this discussion by investigating the effectiveness of grade incentives in increasing student … that relative grading, by creating a rank-order tournament in the classroom, provides stronger incentives for male students …
Persistent link: https://www.econbiz.de/10010399683
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than in the stable environment. This finding is in line with standard agency theory and contrasts a distinct element of … expectancy theory; noisier performance measures do not lower work motivation. …
Persistent link: https://www.econbiz.de/10011376648
Organizations must not only take the right decisions, they must also ensure that these decisions are effectively implemented. Fama and Jensen (1983) argue that the same members of many organization are often responsible for both decision initiation and implementation. If these have social...
Persistent link: https://www.econbiz.de/10011333082
seller has private information about his alternative trading opportunities. Theory predicts that, compared with a situation …
Persistent link: https://www.econbiz.de/10011334336
noise in the performance measure. In contrast, expectancy theory as developed by psychologists predicts lower effort levels …
Persistent link: https://www.econbiz.de/10011343251
This paper reports the results from a laboratory experiment investigating a manager's decision whether or not to delegate authority to a better informed worker whose interests are often, but not always, congruent. Keeping authority implies a loss of information, as the worker communicates his...
Persistent link: https://www.econbiz.de/10011520494
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