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Conventional wisdom suggests that an increase in monetary incentives should induce agents to exert higher effort. In … with positive externalities between agents, incentive reversal might occur: an increase in monetary incentives (either … and report on two experiments that provide supportive evidence. …
Persistent link: https://www.econbiz.de/10010278589
Conventional wisdom suggests that an increase in monetary incentives should induce agents to exert higher effort. In … with positive externalities between agents, incentive reversal might occur: an increase in monetary incentives (either … and report on two experiments that provide supportive evidence. …
Persistent link: https://www.econbiz.de/10008839289
leads to weaker incentives for effort, compared with non-integration. Our theory makes minimal assumptions about the … managers. The division managers' job is to create profitable investment projects. Giving the managers incentives to do so …' incentives. The resulting tradeoff between a better use of resources and diminished incentives for effort determines whether …
Persistent link: https://www.econbiz.de/10010268001
leads to weaker incentives for effort, compared with nonintegration. Our theory makes minimal assumptions about the … division managers. The division managers' job is to create profitable investment projects. Giving the managers incentives to do …' incentives. The resulting tradeoff between a better use of resources and diminished incentives for effort determines whether …
Persistent link: https://www.econbiz.de/10005761852
results demonstrate that unequal rewards can potentially increase productivity by facilitating coordination, and that the …
Persistent link: https://www.econbiz.de/10010274018
results demonstrate that unequal rewards can potentially increase productivity by facilitating coordination, and that the …
Persistent link: https://www.econbiz.de/10005566518
We explore the extent to which the structure of incentives affects trust. We hypothesize that the degree to which … through either tournaments or team-based incentives. Participants engaged in a subsequent trust game in which the sender had …
Persistent link: https://www.econbiz.de/10005703159
How to design compensation schemes to motivate team members appears to be one of the most challenging problems in the economic analysis of labour provision. We shed light on this issue by experimentally investigating team-based compensations with and without bonuses awarded to the highest...
Persistent link: https://www.econbiz.de/10005233887
We present an economic experiment on network formation, in which subjects can decide to form links to one another. Direct links are costly but being connected is valuable. The gametheoretic basis for our experiment is the model of Bala and Goyal (2000). They distinguish between two scenarios...
Persistent link: https://www.econbiz.de/10010262760
operationalize measurement of group cohesion, adapting the "oneness scale" from psychology. A series of experiments, including a pre …-registered replication, reveals strong positive associations between group cohesion and performance assessed in weak-link coordination games …
Persistent link: https://www.econbiz.de/10013426361