Showing 1 - 10 of 265
This paper establishes stylized facts about the cyclicality of real consumer wages and real producer wages in Germany. As detrending methods we apply the deterministic trend model, the Beveridge-Nelson decomposition, the Hodrick-Prescott filter, the Baxter-King filter and the structural time...
Persistent link: https://www.econbiz.de/10009009395
We run a field experiment to investigate whether competing in rank-order tournaments with different prize spreads affects individual performance. Our experiment involved students from an Italian University who took an intermediate exam in which one part was awarded on the basis of their relative...
Persistent link: https://www.econbiz.de/10011455813
investigates the mechanisms affecting sleep choice and explores whether commitment devices and monetary incentives can be used to … incentives to sleep, and collected data from wearable activity trackers, surveys, and time-use diaries. Our results are … the monetary incentives by significantly increasing the likelihood of sleeping between 7 and 9 hours (+19%). We uncover …
Persistent link: https://www.econbiz.de/10012138314
of incentives, with the peculiar features of being awarded in public, and of having largely symbolic value. Informed by … incentives and prizes. The conceptual factors highlighted by our analytical framework are then tested through a laboratory … experiment. The experimental exercise aims to analyze how prizes and incentives impact actual individuals' behavior differently …
Persistent link: https://www.econbiz.de/10011996034
There is now an extensive literature on "gift exchange" showing that when principals and agents can trade "gifts" (rewards that should not emerge in a competitive equilibrium), exchange becomes more efficient. However, it is not obvious how gift exchange should be organized if the principal's...
Persistent link: https://www.econbiz.de/10011647476
To test and replicate the superstar effect reported by Brown (2011) we empirically study contests where a single entrant has an endogenously higher probability of winning. Unlike the previous literature, we test for the presence of the superstar effect in several different contexts. Ultimately,...
Persistent link: https://www.econbiz.de/10011647661
that show, in a very general setting, that the choice between work effort and leisure under given linear incentives depends …
Persistent link: https://www.econbiz.de/10011612830
schemes designed to encourage either participation or volume. Our results confirm the importance of incentives in that we find …
Persistent link: https://www.econbiz.de/10010502690
How do peers influence the impact of incentives? Despite much work on incentives, little is known about the spillover … effects of incentives. We investigate two mechanisms by which these effects can occur: through peers' actions and peers …' incentives. In a field experiment on snack choice (grapes versus cookies), we randomize who receives incentives, the fraction of …
Persistent link: https://www.econbiz.de/10011308981
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. …
Persistent link: https://www.econbiz.de/10012147088