relational incentives are a powerful causal determinant for the existence and performance of credit markets. In fact, in the … incentives and exacerbates another moral hazard problem in credit markets the choice of inefficient high-risk projects. -- Credit …

research (Davies & Fafchamps, 2017) has shown that managers in Ghana are reluctant to use monetary incentives to motivate …

Explicit and implicit incentives and opportunities for mutually beneficial voluntary cooperation co-exist in many … crowding out of voluntary cooperation even after incentives have been abolished. This crowding out occurs also in repeated …-effort relationships. Our systematic analysis also replicates established results on gift exchange, incentives, and crowding out of …

, an additionally provided monthly application decreases the length of spells by 4%. In line with theory, we further find …

that show, in a very general setting, that the choice between work effort and leisure under given linear incentives depends …

crowding out due to low-powered incentives. High-powered incentives in the workplace tend to increase output, but it is unknown … also extends to high-powered incentives, in a real work setting with paid workers. There is individual heterogeneity …

This paper studies how asymmetric information over inputs affects workers' response to incentives and self-selection at … and managers shape the response to incentives and self-selection at the workplace. …

We study, theoretically and empirically, the effects of incentives on the self-selection and coordination of motivated …). Agents differ in their motivation to exert social effort. Our model predicts that lowering incentives for selfish effort in … prediction in a lab experiment allowing us to cleanly separate the selection effect from other effects of low incentives. Results …