Showing 1 - 10 of 57
This paper investigates in a principal–agent environment whether and how group membership influences the effectiveness of incentives and when incentives can have “hidden costs”, i.e., a detrimental effect. We show experimentally that in all interactions control mechanisms can have hidden...
Persistent link: https://www.econbiz.de/10011049787
Six experiments examined the effects of thank-you gifts on charitable giving. Results indicate that although people expect that the offer of thank-you gifts will increase donations, such offers actually reduce charitable donations. This effect was obtained across a wide variety of charities and...
Persistent link: https://www.econbiz.de/10010617614
This paper reports the findings from a survey experiment conducted online at IBM to assess the impact of employee …
Persistent link: https://www.econbiz.de/10011051798
use. This paper presents an experiment conducted online at IBM to assess the impact of these kinds of extrinsic incentives …
Persistent link: https://www.econbiz.de/10005627888
This paper is concerned with the problem of resource allocation and target setting in the provision of public services. The paper develops a network-based representation of multilevel resource management with equity, efficiency, and effectiveness being recognised as the fundamental objectives of...
Persistent link: https://www.econbiz.de/10009214206
family) modifies incentive costs. We derive sufficient conditions for the principal to benefit from altruism. They bear on … how altruism affects the agent's marginal rate of substitution between monetary transfers and effort. We characterize the … contracts allowing to screen agents with different degrees of altruism for additive separable utilities. When two agents who are …
Persistent link: https://www.econbiz.de/10005342252
, we ran a large-scale, natural field experiment in Argentina, testing the effectiveness of information, social and …
Persistent link: https://www.econbiz.de/10010729496
Two agents sequentially contracts with different principals under moral hazard. If agents care for one another, the second principal gains by insuring them over first wages. Even with independent tasks, the first principal must offer riskier payments to induce effort.
Persistent link: https://www.econbiz.de/10010795028
Most economic models are based on the self-interest hypothesis that assumes that all people are exclusively motivated by their material self-interest. In recent years experimental economists have gathered overwhelming evidence that systematically refutes the self-interest hypothesis and suggests...
Persistent link: https://www.econbiz.de/10005627998
Chapter written for the Handbook of Reciprocity, Gift-Giving and Altruism …
Persistent link: https://www.econbiz.de/10005785902