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We report a framed field experiment, in which we study the effectiveness of punishment and reward in sustaining …
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We conduct a field experiment to measure cooperation among groups of recreational fishermen at a privately owned … type of activity involved as the source of the lack of cooperation in our field experiment. When cooperation requires a …
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We conduct an experiment to study the prevalence of the higher order risk attitudes of prudence and temperance, in a … individual’s level of prudence is predictive of his wealth, saving, and borrowing behavior outside of the experiment, while …
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Abstract: Using a dataset for a demographically representative sample of the Dutch population, containing a revealed preference risk attitude measure, as well as very detailed information about participants’ religious background, we study three issues raised in previous literature. First, we...
Persistent link: https://www.econbiz.de/10011090796
Abstract: To boost employees’ performance, firms often offer monetary bonuses when production goals are reached. However, the evidence suggests that the particular level of a goal is critical to the effectiveness of this practice. Goals must be challenging yet achievable. Computing optimal...
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