experiment, where principals set wages and agents respond by choosing effort levels. In addition to the efforts the principals …

the effects of different incentive schemes (competition, social or increased monetary incentives) on performance of young … competitiveness found in the literature, we do not find a significant age difference in competitiveness. Social incentives have an at … least as strong or even stronger effect on performance than increased monetary incentives. This effect is driven by men …

behavior is almost non-existent. We study sabotage in tournaments in a controlled laboratory experiment and are able to confirm … the presence of tournament incentives, agents react reciprocally to higher wages, which mitigates the sabotage problem …

work, agents usually make their effort choice in response to competition and monetary incentives. At the same time, they … also allow for variations in incentives in one work period, in order to analyze spillover effects to the work periods … experimental data. A short-term increase in incentives in one period should lead to higher effort in that period, and, due to …

decline in effort exertion which can be explained by negative reciprocity of the respective worker. These results put some …

introduce a new type of tournament into the literature: premium incentives. While premium incentives, just like fixed … minimization, we are able to show that premium incentives outperform fixed-prize tournaments as well as piece rates. Our … theoretical result is qualitatively confirmed by a controlled laboratory experiment and has important practical implications for …

In experimental games, task-related incentives are payments to experimental subjects that vary according to their …-form games under task-related incentives of conventional magnitude and compared them with choices and reasons in the same games … under incentives five times as large. Both strategy choices and self-reported reasons for choices were almost …

the theoretical benchmark with behavior observed in a one-shot experiment. …

benchmark is tested in an experiment. Furthermore, we provide the first clean one-shot experimental test of the Lazear and Rosen … (1981) tournament model. In a second experiment, we investigate the effectiveness of corporate value statements to encourage …