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three mechanisms with the appropriate distribution of prizes. We test the model's predictions in a laboratory experiment and … ; promotion ; firing ; contract ; experiment ; learning …
Persistent link: https://www.econbiz.de/10009743404
We present direct evidence on the link between children's patience and educational-track choices years later. Combining an incentivized patience measure of 493 primary-school children with their high-school track choices taken at least three years later at the end of middle school, we find that...
Persistent link: https://www.econbiz.de/10012591184
Experiments can complement other methods in identifying causal relationships and in measuring behavioral deviations from theoretical predictions. While the experimental method has long been central in many scientific disciplines, it was almost nonexistent in finance until the 1980s. To survey...
Persistent link: https://www.econbiz.de/10013269607
the nature of provided incentives. We conduct a 'lab in the field' experiment with internal auditors during two large … performance of the unit that they are auditing. We vary incentives in the experiment from individual (piece rate) to competitive … that incentive-based compensation increases dishonest behavior among internal auditors: competitive incentives lead to …
Persistent link: https://www.econbiz.de/10011639592
present results from a laboratory experiment in which two parties can appropriate resources via a contest or, alternatively …, take an outside option. Keeping monetary gains expected from fighting constant across all treatments, the experiment …
Persistent link: https://www.econbiz.de/10014390274
provides incentives to increase effort in order to reach the playoffs and incentives to decrease effort once a team has been … incentives - they win more games when there is still a chance to reach the playoffs and lose more after being eliminated from …
Persistent link: https://www.econbiz.de/10011639595
Persistent link: https://www.econbiz.de/10008655400
making in teams. I find in an investment experiment that individual decisions with salient group membership are largely the …. -- individual behavior ; group membership ; team decision-making ; experiment …
Persistent link: https://www.econbiz.de/10009733221
Persistent link: https://www.econbiz.de/10003805443
of wage inequality. -- wage dispersion ; effort ; experiment ; gift-exchange …
Persistent link: https://www.econbiz.de/10009733225