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We investigate how the convexity of a firm’s incentives interacts with worker overconfidence to affect sorting …
Persistent link: https://www.econbiz.de/10014045541
We analyze both theoretically and empirically how monetary incentives and information about others’ behavior affect … dishonesty. We run a laboratory experiment with 560 participants, each of whom observes a number from one to six with there being …
Persistent link: https://www.econbiz.de/10012489594
We analyze both theoretically and empirically how monetary incentives and information about others’ behavior affect … dishonesty. We run a laboratory experiment with 560 participants, each of whom observes a number from one to six with there being …
Persistent link: https://www.econbiz.de/10012438251
We use a ten-round online mind game to determine whether the effect of honesty nudges depends on timing and content. Reminding individuals about the right thing to do increases honesty. Including information that it is possible to assess an individual's dishonesty strengthens the effect of the...
Persistent link: https://www.econbiz.de/10013494041
During the last two decades economists have made much progress in understanding incentives, contracts and organisations … effects of incentives. Economists may fail to understand the levels and the changes in behaviour if they neglect motives like … the desire to reciprocate or the desire to avoid social disapproval. We show that monetary incentives may backfire and …
Persistent link: https://www.econbiz.de/10011409795
Persistent link: https://www.econbiz.de/10011659517
others. By contrast, policy incentives, such as "3G/2G" restrictions, motivate risktolerant people who opted for vaccination …
Persistent link: https://www.econbiz.de/10012820947
The behavioral relevance of non-binding default options is well established. While most research has focused on decision makers' responses to a given default, we argue that this individual decision making perspective is incomplete. Instead, a comprehensive understanding of the foundation of...
Persistent link: https://www.econbiz.de/10010128312
stylized laboratory experiment to investigate the causal effect of an increase in confidence on two important choices made by …
Persistent link: https://www.econbiz.de/10012238957
Confidence is often seen as the key to success. Empirical evidence about how such beliefs about one's abilities causally map into actions is, however, sparse. In this paper, we experimentally investigate the causal effect of an increase in confidence about one's own ability on two central...
Persistent link: https://www.econbiz.de/10012064447