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This paper reports the results from a large-scale laboratory experiment investigating the impact of tournament … incentives and wage gifts on creativity. We find that tournaments substantially increase creative output, with no evidence for …
Persistent link: https://www.econbiz.de/10011479746
debates about foreign aid or the environment. In our experiment, a "sender" receives an informative but noisy signal about the …
Persistent link: https://www.econbiz.de/10011895755
Theory predicts that committees of experts may take decisions that look good but are bad and that they show a united front to impress evaluators. Although evaluators see through this behavior, committees persist in it only to avoid worse assessments. We investigate this theory in the lab, using...
Persistent link: https://www.econbiz.de/10011895939
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 …
Persistent link: https://www.econbiz.de/10011376460
We consider repeated trust game experiments to study the interplay between explicit and relational incentives. After … contract), because this game better sustains (implicit) relational incentives backed by either reputational or reciprocity …
Persistent link: https://www.econbiz.de/10011378080
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We examine whether social preferences are determined by hormones. We do this by investigating whether markers for the strength of prenatal testosterone exposure (finger length ratios) and current exposure to progesterone and oxytocin (the menstrual cycle) are correlated with choices in social...
Persistent link: https://www.econbiz.de/10011385989
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activate revenue enhancing biases. In an experiment, we compare three auctions that differ in how much information is revealed …
Persistent link: https://www.econbiz.de/10012427695