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In this paper, we investigate individuals’ investment in status in an environment where no monetary return can possibly be derived from reaching a better relative position. We use a real-effort experiment in which we permit individuals to learn and potentially improve their relative position...
Persistent link: https://www.econbiz.de/10014186505
In this paper, we investigate individuals' investment in status in an environment where no monetary return can possibly be derived from reaching a better relative position. We use a real-effort experiment in which we permit individuals to learn and potentially improve their status (rank). We...
Persistent link: https://www.econbiz.de/10013141233
In this paper, we investigate individuals' investment in status in an environment where no monetary return can possibly be derived from reaching a better relative position. We use a real-effort experiment in which we permit individuals to learn and potentially improve their status (rank). We...
Persistent link: https://www.econbiz.de/10013141393
Persistent link: https://www.econbiz.de/10010199749
Persistent link: https://www.econbiz.de/10013164097
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We examine theoretically and experimentally how combining between-team and within-team incentives affects behavior in … team tournaments. Theory predicts that free-riding is likely to occur when there are only between-team incentives, and … offering within-team incentives may solve this problem. However, if individuals collude, then within-team incentives may not be …
Persistent link: https://www.econbiz.de/10012921253
A debate among practicing managers is whether to use cooperative or competitive incentives for team production. While … competitive incentives may drive individual effort higher, they may also lead to less help and more sabotage; an issue exacerbated … when team members' abilities are varied. Using a lab experiment, we examine how increasing competitive incentives affects …
Persistent link: https://www.econbiz.de/10012621416