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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/10012457187

Speeding, Tax Fraud, and Teaching to the Test

Lazear, Edward P. - 2004

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/10012467755

The Measurement of Student Ability in Modern Assessment Systems

Jacob, Brian - 2016

Economists often use test scores to measure a student's performance or an adult's human capital. These scores reflect non-trivial decisions about how to measure and scale student achievement, with important implications for secondary analyses. For example, the scores computed in several major...

Persistent link: https://www.econbiz.de/10012456243

Employee Screening : Theory and Evidence

Huang, Fali - 2006

predicted by the theory: The synergies between reduced monitoring costs and high performance work systems enable the firm to pay …

Persistent link: https://www.econbiz.de/10012466598

Biased Monitors : Corporate Governance When Managerial Ability is Mis-assessed

Hermalin, Benjamin - 2017

An important aspect of corporate governance is the assessment of managers. When managers vary in ability, determining who is good and who is not is vital. Moreover, knowing they will be assessed can lead those being assessed to behave in ways that make them appear better. Such signal-jamming...

Persistent link: https://www.econbiz.de/10012453935

Multiple Hypothesis Testing in Experimental Economics

List, John A. - 2016

Empiricism in the sciences allows us to test theories, formulate optimal policies, and learn how the world works. In this manner, it is critical that our empirical work provides accurate conclusions about underlying data patterns. False positives represent an especially important problem, as...

Persistent link: https://www.econbiz.de/10012456797

The Role of Theory in Field Experiments

Card, David - 2011

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/10012461611

Field Experiments in Economics : The Past, The Present, and The Future

Levitt, Steven D. - 2008

This study presents an overview of modern field experiments and their usage in economics. Our discussion focuses on three distinct periods of field experimentation that have influenced the economics literature. The first might well be thought of as the dawn of "field" experimentation: the work...

Persistent link: https://www.econbiz.de/10012464291

Dynamic Optimization Meets Budgeting : Unraveling Financial Complexities

Fenig, Guidon; Petersen, Luba - National Bureau of Economic Research - 2024

This paper explores sources of complexity in dynamic optimization, examining how individuals navigate variation in incomes, prices, and returns in ten-period consumption-saving decisions. Our findings reveal that dynamic optimization poses significant challenges, resulting in suboptimal choices...

Persistent link: https://www.econbiz.de/10015056146

A Model of R&D Valuation and the Design of Research Incentives

Hsu, Jason C. - 2003

We develop a real options model of R&D valuation, which takes into account the uncertainty in the quality of the research output, the time and cost to completion, and the market demand for the R&D output. The model is then applied to study the problem of pharmaceutical under-investment in R&D...

Persistent link: https://www.econbiz.de/10012468653