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it is a result of motivation, causes agents with different motives to play a given game differently. When motivated …
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distinguish two cases. First, the firm owner chooses the intensity of motivation and bears the motivational costs. Second, another …
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How do firms motivate their employees to be productive? The conventional wisdom is that workers respond to monetary incentives - "Pay them more and they will work harder." However, a large and growing body of empirical evidence from laboratory and field experiments, surveys, and observational...
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