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Subsidized R&D collaboration: The effect of innovation vouchers on innovation activity and performance -- Choking under pressure: The effect of asymmetric contests on effort, stress and performance -- Performance in contests: The role of risk and confidence.
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underinvestment problem. We derive comparative static predictions for the equilibrium relationships between incentives from … compensation, investment, and firm performance for both cases. The relationship between firm performance and managerial incentives … to identify whether managers have private benefits or costs, we estimate the joint relationships between incentives and …
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This paper empirically examines the behavioral precautionary saving hypothesis by Koszegi and Rabin (2009) stating that uncertainty about future income triggers saving because of loss aversion. We extend their theoretical analysis to also consider the internal margin, i.e., the strength, of loss...
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