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We show with a laboratory experiment that individuals adjust their moral principles to the situation and to their actions, just as much as they adjust their actions to their principles. We first elicit the individuals' principles regarding the fairness and unfairness of allocations in three...
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Can a company attract a different type of employee by changing its compensation scheme? Is it sufficient to pay more to increase employees’ motivation? Should a firm provide evaluation feedback to employees based on their absolute or their relative performance? Laboratory experiments can help...
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Whereas economists have made extensive studies of the impact of levels of incentives on behavior, they have paid little … attention to the effects of regularity and frequency of incentives. We contrasted three ways of rewarding participants in a real … reinforcement ; ambiguity ; randomness ; incentives ; experiment …
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Most studies on the role of incentives on risk attitude report data obtained from within-subject experimental … section for very small amounts. -- Risk attitude ; incentives ; decision ; experiment … paper reports instead between-subject results on the effect of monetary stakes on risk attitudes for small probability …
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once order effects are excluded, and once salient and dominant incentives are provided. This holds true for both choice and …. -- Ratio bias ; financial incentives ; error rates ; experiment …
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