Showing 1 - 10 of 247
In a randomized field experiment, we investigate the connection between work goals, monetary incentives, and work … incentives ; bonus payments ; pay-for-performance contracts ; workplace behavior ; field experiment … backed up by monetary incentives. We propose a novel incentive contract where - through the choice of a personal work goal …
Persistent link: https://www.econbiz.de/10009627350
In a randomized field experiment, we investigate the connection between work goals, monetary incentives, and work … backed up by monetary incentives. We propose a novel incentive contract where - through the choice of a personal work goal …
Persistent link: https://www.econbiz.de/10010323862
-assessments can be detrimental to workers ́performance. In the controlled environment of a laboratory gift-exchange experiment, our …
Persistent link: https://www.econbiz.de/10010486358
"office motive". In a lab experiment, we rule out both traditional explanations by design. Nonetheless authorities do a …
Persistent link: https://www.econbiz.de/10011553361
This paper shows that bonus contracts may arise endogenously as a response to agency problems within banks, and analyzes how compensation schemes change in reaction to anticipated bail-outs. If there is a risk-shifting problem, bail-out expectations lead to steeper bonus schemes and even more...
Persistent link: https://www.econbiz.de/10009702894
slightly inhibits it instead. Our experiment thus illustrates the paramount importance of taking into account both incentives … states and in British Columbia, Canada. We ran a laboratory experiment with a framing likened to German corporate law which … overcome material incentives. However, even absent incentives the stakeholder norm does not foster other regarding behavior but …
Persistent link: https://www.econbiz.de/10010323843
investment behavior. In our experiment, subjects decide about investments into real-life mutual funds. We find that subjects …
Persistent link: https://www.econbiz.de/10011416914
controlled conditions, we have conducted a public goods experiment with central punishment. The authority is neutral - she does …
Persistent link: https://www.econbiz.de/10009784192
In three distinct disciplines, crime and punishment are studied experimentally: in empirical legal studies, in experimental economics, and an experimental criminology. These three disciplines have surprisingly little interaction. The current paper surveys the rich evidence, and discusses the...
Persistent link: https://www.econbiz.de/10011455955
Under common law, the standard remedy for breach of contract is expectation damages. Under continental law, the standard is specific performance. The common law solution is ex post efficient. But is it also ex ante efficient? We use experimental methods to test whether knowing that...
Persistent link: https://www.econbiz.de/10011715408