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When Incentives Backfire : Spillover Effects in Food Choice
Angelucci, Manuela - 2015
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/10013017086
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Speeding, Tax Fraud, and Teaching to the Test
Lazear, Edward P. - 2022
Educators worry that high-stakes testing will induce teachers and their students to focus only on the test and ignore other, untested aspects of knowledge. Some counter that although this may be true, knowing something is better than knowing nothing and many students would benefit even by...
Persistent link: https://www.econbiz.de/10013321619
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Employee Crime, Monitoring, and the Efficiency Wage Hypothesis
Dickens, William T.; Katz, Lawrence F.; Lang, Kevin; … - 2021
This paper offers some observations on employee crime, economic theories of crime, limits on bonding, and the efficiency wage hypothesis. We demonstrate that the simplest economic theories of crime predict that profit-maximizing firms should follow strategies of minimal monitoring and large...
Persistent link: https://www.econbiz.de/10013311844
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Communication in Vertical Markets : Experimental Evidence
Möllers, Claudia - 2016
When an upstream monopolist supplies several competing downstream firms, it may fail to monopolize the market because it is unable to commit not to behave opportunistically. We build on previous experimental studies of this well-known commitment problem by introducing communication. Allowing the...
Persistent link: https://www.econbiz.de/10012992661
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Exact P-Values for Network Interference
Athey, Susan - 2015
We study the calculation of exact p-values for a large class of non-sharp null hypotheses about treatment effects in a setting with data from experiments involving members of a single connected network. The class includes null hypotheses that limit the effect of one unit's treatment status on...
Persistent link: https://www.econbiz.de/10013019872
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The Role of Theory in Field Experiments
Card, David - 2014
are linked to economic theory. We then use this system to classify all published field experiments in the five top … period, we find that economic theory has played a more central role in the laboratory than in the field. Finally, we discuss …
Persistent link: https://www.econbiz.de/10013068041
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Does Corporate Governance Matter in Competitive Industries?
Giroud, Xavier - 2010
By reducing the threat of a hostile takeover, business combination (BC) laws weaken corporate governance and increase the opportunity for managerial slack. Consistent with the notion that competition mitigates managerial slack, we find that while firms in non-competitive industries experience a...
Persistent link: https://www.econbiz.de/10012757546
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Incentives and Government Relief for Risk
Kaplow, Louis - 2010
. This paper explores the effect of such relief on incentives and the allocation of risk in a model with private insurance …
Persistent link: https://www.econbiz.de/10012760198
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Optimal Decentralized Investment Management
Brandt, Michael W. - 2010
unconditional linear performance benchmark and show that this benchmark can be used to better align incentives within the firm. The …
Persistent link: https://www.econbiz.de/10012761668
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Markets Versus Governments : Political Economy of Mechanisms
Acemoglu, Daron - 2009
We study the optimal Mirrlees taxation problem in a dynamic economy with idiosyncratic (productivity or preference) shocks. In contrast to the standard approach, which implicitly assumes that the mechanism is operated by a benevolent planner with full commitment power, we assume that any...
Persistent link: https://www.econbiz.de/10012767334