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How to do empirical economics
Kamarz, Francis; Angrist, Joshua D.; Blau, David M.; … - In: Investigaciones Economicas 30 (2006) 2, pp. 179-206
This article presents a discussion among leading economists on how to do empirical research in economics. The participants discuss their reasons for starting research projects, data base construction, the methods they use, the role of theory, and their views on the main alternative empirical...
Persistent link: https://www.econbiz.de/10005736280
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Psychological foundations of incentives
Fehr, Ernst; Falk, Armin - 2002
During the last two decades economists have made much progress in understanding incentives, contracts and organisations … effects of incentives. Economists may fail to understand the levels and the changes in behaviour if they neglect motives like … the desire to reciprocate or the desire to avoid social disapproval. We show that monetary incentives may backfire and …
Persistent link: https://www.econbiz.de/10011409795
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Incentives and information as driving forces of default effects
Altmann, Steffen; Falk, Armin; Grunewald, Andreas - 2013
The behavioral relevance of non-binding default options is well established. While most research has focused on decision makers' responses to a given default, we argue that this individual decision making perspective is incomplete. Instead, a comprehensive understanding of the foundation of...
Persistent link: https://www.econbiz.de/10010128312
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Performance Pay and Multidimensional Sorting - Productivity, Preferences and Gender
Dohmen, Thomas; Falk, Armin - Volkswirtschaftliche Fakultät, … - 2011
This paper studies the impact of incentives on worker self-selection in a controlled laboratory experiment. Subjects …
Persistent link: https://www.econbiz.de/10009004024
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Incentives and Information as Driving Forces of Default Effects
Altmann, Steffen; Falk, Armin; Grunewald, Andreas - Institute for the Study of Labor (IZA) - 2013
The behavioral relevance of non-binding default options is well established. While most research has focused on decision makers' responses to a given default, we argue that this individual decision making perspective is incomplete. Instead, a comprehensive understanding of the foundation of...
Persistent link: https://www.econbiz.de/10010959692
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Implicit Contracts, Unemployment, and Labor Market Segmentation
Altmann, Steffen; Falk, Armin; Huffman, David - Institute for the Study of Labor (IZA) - 2010
We analyze the impact of imperfect contract enforcement on the emergence of unemployment. In an experimental labor market where trading parties can form long-term employment relationships, we compare a work environment where effort is observable, but not verifiable to a situation where explicit...
Persistent link: https://www.econbiz.de/10008602725
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Clean Evidence on Peer Pressure
Falk, Armin; Ichino, Andrea - 2003
While confounding factors typically jeopardize the possibility to use observational data to measure peer effects, field experiments offer the possibility to obtain clean evidence. In this paper we measure the output of four randomly selected groups of individuals who were asked to fill letters...
Persistent link: https://www.econbiz.de/10010261951
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Distrust : The Hidden Cost of Control
Falk, Armin; Kosfeld, Michael - 2004
incentives as well as the puzzling incompleteness of many economic contracts. …
Persistent link: https://www.econbiz.de/10010261958
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Psychological Foundations of Incentives
Fehr, Ernst; Falk, Armin - 2002
During the last two decades economists have made much progress in understanding incentives, contracts and organisations … effects of incentives. Economists may fail to understand the levels and the changes in behaviour if they neglect motives like … the desire to reciprocate or the desire to avoid social disapproval. We show that monetary incentives may backfire and …
Persistent link: https://www.econbiz.de/10010262734
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Performance pay and multi-dimensional sorting: productivity, preferences and gender
Dohmen, Thomas; Falk, Armin - 2006
This paper studies the impact of incentives on worker self-selection in a controlled laboratory experiment. In a first …
Persistent link: https://www.econbiz.de/10010267618