heterogeneity by investigating how personal characteristics, preferences, and socio-economic background relate to incentives and …Incentives are supposed to increase effort, yet individuals react differently to incentives. We examine this …

There is vast heterogeneity in the human willingness to weigh others' interests in decision making. This heterogeneity … parsimoniously model and characterize heterogeneity across several dimensions of social preferences while still being able to predict …

duration dependence in unemployment benefits in a random on the job search model featuring two-sided heterogeneity. General …

complete functional form for duration spells, but allows flexibility by introducing an individual heterogeneity term, which … surrounding the heterogeneity distribution. …

incentives as well as the puzzling incompleteness of many economic contracts. …

reasonably approximate real-life decision makers? behavior. Testing this theory with field data is difficult since typically …

subordinate then is affected by the outcome of the task and he therefore has strong incentives to contribute to its success. There …

of the typical American firm. Variable pay is usually touted as a way to provide incentives to managers whose interests …

During the last two decades economists have made much progress in understanding incentives, contracts and organisations … effects of incentives. Economists may fail to understand the levels and the changes in behaviour if they neglect motives like … the desire to reciprocate or the desire to avoid social disapproval. We show that monetary incentives may backfire and …