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This paper compares two methods to encourage socially optimal provision of a public good. We compare the efficacy of vigilante justice, as represented by peer-to-peer punishment, to delegated policing, as represented by the "hired gun" mechanism, to deter free riding and improve group welfare....
Persistent link: https://www.econbiz.de/10013125564
experiment and altruism largely explains why people give …
Persistent link: https://www.econbiz.de/10013046180
, we find substantial incentive effects from both financial and non-financial incentives on test scores. Second, we find … that non-financial incentives are considerably more cost-effective than financial incentives for younger students, but were … motivating power of the incentives vanishes when rewards are handed out with a delay. Since the rewards to educational investment …
Persistent link: https://www.econbiz.de/10013104979
This paper investigates the responsiveness of individuals' retirement expectations to forward-looking measures of pension wealth accumulations. While most of the existing literature on retirement has used cross-sectional variation to identify the effects of pension and Social Security wealth on...
Persistent link: https://www.econbiz.de/10013217591
effective in reducing the effect of gifts, consistent with our model. Financial incentives ameliorate the effect of the gift but …
Persistent link: https://www.econbiz.de/10013097778
against policies that impose direct costs even if they induce larger indirect benefits. Using a lab experiment, we find that a …
Persistent link: https://www.econbiz.de/10012977628
Community targeting of vote payments — defined as the saturation of entire neighborhoods with cash prior to elections — is widespread in the developing world. In this paper, we utilize laboratory experiments conducted in the U.S. and Kenya to demonstrate that, relative to individual...
Persistent link: https://www.econbiz.de/10012930349
consumption and donations among individuals. We also conduct an original experiment that enables nonparametric tests of many …
Persistent link: https://www.econbiz.de/10013107021
Saving when faced with the immediate option to spend is an unpleasant but not conceptually difficult task. One popular approach contradicts traditional economic theory by suggesting that people in debt should pay off their debts from smallest size to largest regardless of interest rate, to...
Persistent link: https://www.econbiz.de/10013053849
Explicit financial incentives, especially pay-for-performance (P4P) incentives, have been extensively employed in … exploits a natural experiment in the province of Ontario, Canada to identify empirically the impact of pay-for-performance (P4P …) incentives on the provision of targeted primary care services, and whether physicians' responses differ by age, practice size and …
Persistent link: https://www.econbiz.de/10013127976