Showing 1 - 10 of 13
version instead. We show that pharmacies' substitution incentives are determined by relative margins and relative patient … coinsurance. In terms of policy implications, our results suggest that pharmacy incentives are crucial for promoting generic sales …
Persistent link: https://www.econbiz.de/10009691207
Persistent link: https://www.econbiz.de/10008655517
This paper experimentally investigates the impact of different pay and relative performance information policies on employee effort. We explore three information policies: No feedback about relative performance, feedback given halfway through the production period, and continuously updated...
Persistent link: https://www.econbiz.de/10014218453
When the assignment of incentives is uncertain, we study how the regularity and frequency of rewards and risk attitudes … show that less able and more risk averse players are less persistent in effort. Intermittent incentives lead to a greater … persistence of effort, while continuous incentives entail exit as soon as payment stops. Randomness increases both earlier and …
Persistent link: https://www.econbiz.de/10014138772
version instead. We show that pharmacies' substitution incentives are determined by relative margins and relative patient … coinsurance. In terms of policy implications, our results suggest that pharmacy incentives are crucial for promoting generic sales …
Persistent link: https://www.econbiz.de/10013088216
When the assignment of incentives is uncertain, we study how the regularity and frequency of rewards and risk attitudes … show that less able and more risk averse players are less persistent in effort. Intermittent incentives lead to a greater … persistence of effort, while continuous incentives entail exit as soon as payment stops. Randomness increases both earlier and …
Persistent link: https://www.econbiz.de/10013069334
version instead. We show that pharmacies' substitution incentives are determined by relative margins and relative patient … generics and their market shares. In terms of policy implications, our results suggest that pharmacy incentives are crucial for …
Persistent link: https://www.econbiz.de/10013139185
This paper experimentally investigates the impact of different pay and relative performance information policies on employee effort. We explore three information policies: No feedback about relative performance, feedback given halfway through the production period, and continuously updated...
Persistent link: https://www.econbiz.de/10013325263
version instead. We show that pharmacies' substitution incentives are determined by relative margins and relative patient … coinsurance. In terms of policy implications, our results suggest that pharmacy incentives are crucial for promoting generic sales. …
Persistent link: https://www.econbiz.de/10010291561
The 'ratchet effect' refers to a situation where a principal uses private information that is revealed by an agent's early actions to the agent's later disadvantage, in a context where binding multi-period contracts are not enforceable. In a simple, context-rich environment, we experimentally...
Persistent link: https://www.econbiz.de/10012715529