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experimentally. We executed a large and pre-registered field experiment that randomized students to deskmates within 195 classrooms … testing. Contrary to theory, our randomized field experiment thus provides no evidence for an effect of peer achievement on …
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Recent studies show that even irrelevant relative pay information—earnings compared to the past or to others—significantly affects workers’ willingness to work (labor supply) and effort. This effect stems mainly from those whose pay compares unfavorably; accordingly, earning less compared...
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