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Persistent link: https://www.econbiz.de/10013447746
We implement a laboratory experiment in which a principal has to decide on monitoring intensity and pay to investigate whether they are complements or substitutes. Wage level, monitoring intensity, and consequently the desired enforceable effort level are jointly determined by the maximization...
Persistent link: https://www.econbiz.de/10010489889
Even though decision-making in small teams is pervasive in business and in private life, littleis known about subjects …’ preferences with respect to individual and team decision-making andabout the consequences of respecting these preferences. We … decision-making. About 60% of subjects prefer to act in a team, and teams win thegame significantly more often than individuals …
Persistent link: https://www.econbiz.de/10005866770
We study the influence of gender on economic decision making in a two-person bargaining game. By testing hypotheses …
Persistent link: https://www.econbiz.de/10005866879
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We devise a new experimental game by nesting a voluntary contributions mechanism in a broader spectrum of incentive schemes. With it, we study tensions between egalitarianism, equity concerns, self-interest, and the need for incentives. In a 2x2 design, subjects either vote on or exogenously...
Persistent link: https://www.econbiz.de/10008669188
We devise a new experimental game by nesting a voluntary contributions mechanism in a broader spectrum of incentive schemes. With it, we study tensions between egalitarianism, equity concerns, self-interest, and the need for incentives. In a 2x2 design, subjects eithervote on or exogenously...
Persistent link: https://www.econbiz.de/10009011596
We devise a new experimental game by nesting a voluntary contributions mechanism in a broader spectrum of incentive schemes. With it, we study tensions between egalitarianism, equity concerns, self-interest, and the need for incentives. In a 2x2 design, subjects either vote on or exogenously...
Persistent link: https://www.econbiz.de/10009737083
Persistent link: https://www.econbiz.de/10009762409
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