Showing 1 - 10 of 1,150
behavior is almost non-existent. We study sabotage in tournaments in acontrolled laboratory experiment and are able to confirm …
Persistent link: https://www.econbiz.de/10005868022
Economic theory suggests that performance pay may serve as an effective screening device to attract productive agents. The existing evidence on the self-selection of agents is largely limited to job tasks where performance is driven by routine, well-defined procedures. This study presents...
Persistent link: https://www.econbiz.de/10010498559
Tournaments are often used to improve performance in innovation contexts. Tournaments provide monetary incentives but … also render teams’ identity and social-image concerns salient. We study the effects of tournaments on team performance in a …
Persistent link: https://www.econbiz.de/10012597694
Tournaments are often used to improve performance in innovation contexts. Tournaments provide monetary incentives but … also render teams' identity and image concerns salient. We study the effects of tournaments on team performance in a non …
Persistent link: https://www.econbiz.de/10014495030
We study risk-taking behavior in tournaments where the optimal strategy is to take no risk. By keeping the optimal … strategy constant, while varying the competitiveness in the tournaments, we are able to investigate the relationship between … we removed feedback about winner’s decisions each round, and when we reduced the number of contestants in the tournaments …
Persistent link: https://www.econbiz.de/10011123564
Contests are meant to attract the best performers and incentivize high effort, however, they may also attract cheaters who try to win via illicit means which crowds out the best performers. We use a laboratory experiment to explore the role of self-selection in contests with a possibility of...
Persistent link: https://www.econbiz.de/10011548973
Do politico-economic systems influence how control affects motivation? We hypothesize that control aversion, meaning crowding-out of intrinsic motivation due to enforcement, has evolved less under the coercive regime of East Germany than under the liberal regime of West Germany. We test this...
Persistent link: https://www.econbiz.de/10012312305
People often form expectations about others using the lens of their own attitudes (the so-called consensus effect). We study the implications of this for trust and trustworthiness. Trustworthy individuals are more \optimistic" than opportunists and are accordingly less afraid to engage in...
Persistent link: https://www.econbiz.de/10010194809
This paper experimentally investigates the bidding behavior in two-stage sequential ascending clock auction (i.e., English auction). The equilibrium given by Milgrom and Weber (2000) predicts that the prices of the two goods sold are exactly the same regardless of the value realization. We, in...
Persistent link: https://www.econbiz.de/10012869994
As we have demonstrated in a recent laboratory experiment [see Sebald and Walzl (2012)], individuals tend to sanction others who subjectively evaluate their performance whenever this assessment falls short of the individual's self-evaluation even if their earnings are unaffected by the...
Persistent link: https://www.econbiz.de/10009742622