Showing 1 - 10 of 114
We conduct laboratory experiments to investigate basic predictions of principal-agent theory about the choice of piece rate contracts in the presence of output risk, and provide novel insights that reference dependent preferences affect the tradeoff between risk and incentives. Subjects in our...
Persistent link: https://www.econbiz.de/10012794522
We conduct laboratory experiments to investigate basic predictions of principal-agent theory about the choice of piece rate contracts in the presence of output risk, and provide novel insights that reference dependent preferences affect the tradeoff between risk and incentives. Subjects in our...
Persistent link: https://www.econbiz.de/10012882411
We conduct a laboratory experiment among male participants to investigate whether rewarding schemes that depend on work performance – in particular, tournament incentives – induce more stress than schemes that are independent of performance - fixed payment scheme. Stress is measured over the...
Persistent link: https://www.econbiz.de/10014296769
We conduct a laboratory experiment among male participants to investigate whether rewarding schemes that depend on work performance - in particular, tournament incentives - induce more stress than schemes that are independent of performance - fixed payment scheme. Stress is measured over the...
Persistent link: https://www.econbiz.de/10014374513
We conduct a discrete choice experiment to investigate how the mission of high-tech companies affects job attractiveness and contributes to self-selection of science and engineering graduates who differ in prosocial attitudes. We characterize mission by whether or not the company combines its...
Persistent link: https://www.econbiz.de/10012653867
We conduct a discrete choice experiment to investigate how the mission of high-tech companies affects job attractiveness and contributes to self-selection of science and engineering graduates who differ in prosocial attitudes. We characterize mission by whether or not the company combines its...
Persistent link: https://www.econbiz.de/10012882412
This paper provides evidence of a novel facet of peer effects by showing how peer personality affects educational achievement. We exploit random assignment of students to university sections and find that students perform better in the presence of more persistent peers and more risk-averse...
Persistent link: https://www.econbiz.de/10011784303
In many public policy areas, randomized policy experiments can greatly contribute to our knowledge of the effects of policies and can thus help to improve public policy. However, policy experiments are not very common. This paper studies whether a lack of appreciation of policy experiments among...
Persistent link: https://www.econbiz.de/10014321800
This paper reports the results from a controlled field experiment designed to investigate the causal effect of public recognition on employee performance. We hired more than 300 employees to work on a three-hour data-entry task. In a random sample of work groups, workers unexpectedly received...
Persistent link: https://www.econbiz.de/10010311886
In many public policy areas, randomized policy experiments can greatly contribute to our knowledge of the effects of policies and can thus help to improve public policy. However, policy experiments are not very common. This paper studies whether a lack of appreciation for policy experiments...
Persistent link: https://www.econbiz.de/10015047202