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Explicit and implicit incentives and opportunities for mutually beneficial voluntary cooperation co-exist in many … crowding out of voluntary cooperation even after incentives have been abolished. This crowding out occurs also in repeated …-effort relationships. Our systematic analysis also replicates established results on gift exchange, incentives, and crowding out of …
Persistent link: https://www.econbiz.de/10014529308
Explicit and implicit incentives and opportunities for mutually beneficial voluntary cooperation co-exist in many … crowding out of voluntary cooperation even after incentives have been abolished. This crowding out occurs also in repeated …-effort relationships. Our systematic analysis also replicates established results on gift exchange, incentives, and crowding out of …
Persistent link: https://www.econbiz.de/10014502768
-regarding incentives for contractual compliance are present as well. Here we provide a comprehensive experimental analysis based on the … gift-exchange game of how explicit and implicit incentives affect cooperation. We first show that there is substantial … contracts without any incentives and implicit incentives coming from repeated interaction. Implicit incentives have a strong …
Persistent link: https://www.econbiz.de/10009153163
-regarding incentives for contractual compliance are present as well. Here we provide a comprehensive experimental analysis based on the … gift-exchange game of how explicit and implicit incentives affect cooperation. We first show that there is substantial … contracts without any incentives and implicit incentives coming from repeated interaction. Implicit incentives have a strong …
Persistent link: https://www.econbiz.de/10009308812
Modern 'principal-agent theory' has made a lot of progress in proposing theoretical Solutions to agency problems. This paper contributes to a better understanding of behavior in agency situations. In particular, we provide experimental evidence on offered contracts and effort choices in a simple...
Persistent link: https://www.econbiz.de/10009581090
Persistent link: https://www.econbiz.de/10001424938
Persistent link: https://www.econbiz.de/10001698365
. Principals can offer any feasible combination of (negative) fixed wages and incentives in the form of return sharing. This great …' and reciprocity. In contrast to other incentive devices studied in the literature, the incentives are 'reciprocity …
Persistent link: https://www.econbiz.de/10014171098
. Principals can offer any feasible combination of (negative) fixed wages and incentives in the form of return sharing. This great …' and reciprocity. In contrast to other incentive devices studied in the literature, the incentives are 'reciprocity …
Persistent link: https://www.econbiz.de/10014115840
distribution of beliefs as well as the relationship between contributions and beliefs are unaffected by incentives. Eliciting … results for the design of experiments. -- Incentives ; beliefs ; experiments ; public goods …
Persistent link: https://www.econbiz.de/10003375964