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Incentives based on esteem, honor and shame are increasingly popular and easy to use due to modern surveillance … Tirole (2011) to explore the effect of esteem-based incentives and their interaction with traditional monetary incentives. We … show that esteem-based incentives can indeed lead to a loss of control by generating multiple equilibria, some of which …
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In experimental investigations of the effect of real incentives, accountability-the implicit or explicit expectation of … incentives themselves. This confounding of accountability with incentives makes causal attributions of any effects found … problematic. We separate accountability and incentives, and find different effects. Accountability is found to reduce preference …
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performance of the treatment stores. As predicted by theory, treatment stores that lag far behind do not respond to the incentives …
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People typically update their beliefs about their own abilities too little in response to feed-back, a phenomenon known as "conservatism", and some studies suggest that they overweight good relative to bad signals ("asymmetry"). We measure individual conservatism and asymmetry in three tasks...
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incentives and wage gifts on creativity. We find that tournaments substantially increase creative output, with no evidence for …
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Temporary incentives are offered in anticipation of persistent effects, but these are seldom estimated. We use a … nationwide randomized experiment in the Philippines to estimate effects three years after the withdrawal of two incentives for …
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